Iran: Millet Market 2025

Millet Market Size in Iran

The Iranian millet market dropped to $X in 2022, reducing by -4.7% against the previous year. In general, consumption recorded a deep downturn. Millet consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Millet Production in Iran

In value terms, millet production shrank to $X in 2022 estimated in export price. Overall, production recorded a deep downturn. The pace of growth appeared the most rapid in 2018 when the production volume increased by 24%. Millet production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

In 2022, the average millet yield in Iran fell slightly to X tons per ha, remaining constant against the previous year's figure. Overall, the yield showed a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of 42%. The millet yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of millet production in Iran amounted to X ha, standing approx. at the previous year. In general, the total harvested area indicated a buoyant increase from 2012 to 2022: its figure increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, millet harvested area increased by +2.2% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the harvested area increased by 121%. Over the period under review, the harvested area dedicated to millet production reached the peak figure at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Millet Exports

Exports from Iran

In 2022, shipments abroad of millet increased by 5.1% to X tons, rising for the seventh year in a row after two years of decline. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 591% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, millet exports rose remarkably to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2014 with an increase of 227%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

Pakistan (X tons) was the main destination for millet exports from Iran, accounting for a approx. 99.9% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Pakistan amounted to +53.8%.

In value terms, Pakistan ($X) also remains the key foreign market for millet exports from Iran.

From 2013 to 2022, the average annual rate of growth in terms of value to Pakistan totaled +13.2%.

Export Prices by Country

The average millet export price stood at $X per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price, however, recorded a abrupt setback. The growth pace was the most rapid in 2014 when the average export price increased by 300% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Pakistan.

From 2013 to 2022, the rate of growth in terms of prices for Pakistan amounted to -26.3% per year.

Millet Imports

Imports into Iran

In 2022, the amount of millet imported into Iran declined remarkably to X tons, waning by -21.5% compared with the year before. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of 772% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, millet imports reached $X in 2022. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 882% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

India (X tons), Uzbekistan (X tons) and the United Arab Emirates (X tons) were the main suppliers of millet imports to Iran, with a combined 100% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +35.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest millet suppliers to Iran were India ($X), the United Arab Emirates ($X) and Uzbekistan ($X), with a combined 99% share of total imports.

India, with a CAGR of +37.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average millet import price amounted to $X per ton, surging by 33% against the previous year. In general, the import price enjoyed a tangible expansion. The pace of growth appeared the most rapid in 2019 an increase of 45% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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 the United Arab Emirates ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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