Iran: Maize Market 2025

Maize Market Size in Iran

The Iranian maize market shrank remarkably to $X in 2022, falling by -48.2% against the previous year. In general, consumption showed a drastic downturn. Maize consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Maize Production in Iran

In value terms, maize production fell modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2015 when the production volume increased by 32% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average yield of maize (green) in Iran amounted to less than X kg per ha, approximately equating the previous year's figure. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The maize harvested area in Iran was estimated at less than X ha in 2022, therefore, remained relatively stable against the previous year. Overall, the harvested area recorded a relatively flat trend pattern.

Maize Exports

Exports from Iran

In 2022, the amount of maize (green) exported from Iran surged to X tons, increasing by 326% against the previous year's figure. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 719% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, maize exports skyrocketed to $X in 2022. Over the period under review, exports recorded a prominent increase. The pace of growth appeared the most rapid in 2019 when exports increased by 468% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for maize exports from Iran, accounting for a 90% share of total exports. Moreover, maize exports to the United Arab Emirates exceeded the volume sent to the second major destination, Russia (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +25.2%.

In value terms, the United Arab Emirates ($X) and Russia ($X) constituted the largest markets for maize exported from Iran worldwide.

The United Arab Emirates, with a CAGR of +9.5%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average maize export price amounted to $X per ton, dropping by -49.2% against the previous year. In general, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2021 an increase of 127% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to the United Arab Emirates stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-7.1%).

Maize Imports

Imports into Iran

In 2022, maize imports into Iran dropped to X tons, with a decrease of -8.1% against the previous year's figure. Overall, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2013 when imports increased by 1,440%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, maize imports contracted notably to $X in 2022. In general, imports showed a abrupt decrease. The growth pace was the most rapid in 2013 when imports increased by 1,282% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the main maize supplier to Iran, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates totaled -15.6%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of maize (green) to Iran.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates stood at -15.7%.

Import Prices by Country

The average maize import price stood at $X per ton in 2022, falling by -8.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 99% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +255.7% per year.

Source: IndexBox Platform

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