Iran: Milk Market 2024

Milk Market Size in Iran

The Iranian milk market rose slightly to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Milk Production in Iran

In value terms, milk production expanded notably to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Milk Exports

Exports from Iran

In 2022, overseas shipments of milk increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, total exports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, milk exports reduced modestly to $X in 2022. In general, total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2017 indices. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Iraq (X tons) was the main destination for milk exports from Iran, accounting for a X% share of total exports. Moreover, milk exports to Iraq exceeded the volume sent to the second major destination, Afghanistan (X tons), fourfold. The third position in this ranking was held by the United Arab Emirates (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iraq amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (X% per year) and the United Arab Emirates (X% per year).

In value terms, Iraq ($X) remains the key foreign market for milk exports from Iran, comprising X% of total exports. The second position in the ranking was held by Afghanistan ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Iraq totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average milk export price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Milk Imports

Imports into Iran

Milk imports into Iran surged to X tons in 2022, growing by X% against 2021. Over the period under review, imports saw measured growth. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, milk imports shrank slightly to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X tons), Kuwait (X tons) and Turkey (X kg) were the main suppliers of milk imports to Iran, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, Kuwait ($X), the United Arab Emirates ($X) and Turkey ($X) were the largest milk suppliers to Iran, together comprising X% of total imports.

Kuwait, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average milk import price amounted to $X per ton, waning by X% against the previous year. Overall, the import price recorded a slight reduction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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