Iran: Mustard Seed Market 2025

Mustard Seed Market Size in Iran

In 2022, the Iranian mustard seed market decreased by -35.8% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, enjoyed a temperate increase. As a result, consumption reached the peak level of $X, and then shrank rapidly in the following year.

Mustard Seed Production in Iran

In value terms, mustard seed production contracted sharply to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 254%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

The average yield of mustard seed in Iran skyrocketed to X kg per ha in 2022, picking up by 23% on 2021 figures. The yield figure increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when the yield increased by 24%. The mustard seed yield peaked in 2022 and is likely to see gradual growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the mustard seed harvested area in Iran contracted rapidly to X ha, with a decrease of -20% against the previous year's figure. Overall, the harvested area continues to indicate a perceptible decrease. The growth pace was the most rapid in 2021 when the harvested area increased by 25% against the previous year. The mustard seed harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area remained at a lower figure.

Mustard Seed Exports

Exports from Iran

In 2022, mustard seed exports from Iran soared to X tons, growing by 123% compared with 2021 figures. Overall, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 606% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, mustard seed exports surged to $X in 2022. Over the period under review, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when exports increased by 800%. As a result, the exports reached the peak of $X. From 2021 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 mustard seed exports from Iran, with a 54% share of total exports. Moreover, mustard seed exports to the United Arab Emirates exceeded the volume sent to the second major destination, Bahrain (X tons), twofold. Sweden (X kg) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +15.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+40.2% per year) and Sweden (+27.6% per year).

In value terms, Bahrain ($X), the United Arab Emirates ($X) and Sweden ($X) appeared to be the largest markets for mustard seed exported from Iran worldwide, together accounting for 72% of total exports.

Bahrain, with a CAGR of +49.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average mustard seed export price amounted to $X per ton, declining by -27.2% against the previous year. Overall, the export price recorded a mild setback. The pace of growth appeared the most rapid in 2018 an increase of 127%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.

Mustard Seed Imports

Imports into Iran

In 2022, overseas purchases of mustard seed decreased by -30.7% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 160%. As a result, imports reached the peak of X tons, and then reduced dramatically in the following year.

In value terms, mustard seed imports reduced rapidly to $X in 2022. In general, imports, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 196%. As a result, imports reached the peak of $X, and then shrank dramatically in the following year.

Imports by Country

The United Arab Emirates (X tons), India (X tons) and Canada (X kg) were the main suppliers of mustard seed imports to Iran.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +48.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest mustard seed suppliers to Iran were India ($X), the United Arab Emirates ($X) and Canada ($X).

In terms of the main suppliers, India, with a CAGR of +59.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average mustard seed import price amounted to $X per ton, falling by -3.4% against the previous year. Overall, the import price recorded a drastic downturn. The growth pace was the most rapid in 2017 when the average import price increased by 39%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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