Iran: Preserved Cows Meat Market 2024

Preserved Cows Meat Market Size in Iran

The Iranian preserved cows meat market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption posted a notable increase. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Preserved Cows Meat Production in Iran

In value terms, preserved cows meat production surged to $X in 2021 estimated in export price. Overall, production enjoyed a temperate increase. The pace of growth appeared the most rapid in 2018 with an increase of 49%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Preserved Cows Meat Exports

Exports from Iran

In 2021, shipments abroad of prepared or preserved meat or offal of bovine animals increased by 1,475% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports posted a resilient expansion. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, preserved cows meat exports soared to $X in 2021. Overall, exports posted a slight increase. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Iraq (X tons), Afghanistan (X tons) and Hong Kong SAR (X tons) were the main destinations of preserved cows meat exports from Iran, with a combined 98% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iraq (with a CAGR of +21.1%), while the other leaders experienced mixed trend patterns.

In value terms, Afghanistan ($X), Iraq ($X) and Hong Kong SAR ($X) constituted the largest markets for preserved cows meat exported from Iran worldwide, with a combined 96% share of total exports.

Among the main countries of destination, Afghanistan, with a CAGR of +15.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average preserved cows meat export price amounted to $X per ton, picking up by 24% against the previous year. Overall, the export price, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2016 when the average export price increased by 30%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Afghanistan ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+2.6%), while the prices for the other major destinations experienced a decline.

Preserved Cows Meat Imports

Imports into Iran

After two years of growth, supplies from abroad of prepared or preserved meat or offal of bovine animals decreased by -97.6% to X kg in 2021. In general, imports, however, continue to indicate a measured expansion. The most prominent rate of growth was recorded in 2013 with an increase of 18,232% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, preserved cows meat imports dropped notably to $X in 2021. Overall, imports continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2013 when imports increased by 6,222% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X kg) was the main preserved cows meat supplier to Iran, accounting for a 95% share of total imports. It was followed by Kyrgyzstan (X kg), with a 1.6% share of total imports. The third position in this ranking was taken by the United Arab Emirates (X kg), with a 1.6% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey stood at +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Kyrgyzstan (-22.0% per year) and the United Arab Emirates (-26.0% per year).

In value terms, Turkey ($X) constituted the largest supplier of prepared or preserved meat or offal of bovine animals to Iran, comprising 82% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 5.7% share of total imports. It was followed by Brazil, with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey stood at +19.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-12.0% per year) and Brazil (-44.8% per year).

Import Prices by Country

In 2021, the average preserved cows meat import price amounted to $X per ton, with a decrease of -45.2% against the previous year. In general, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 an increase of 329%. As a result, import price attained the peak level of $X per ton, and then reduced sharply in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+215.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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