Iran: Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in Iran

In 2020, the Iranian market for processed cheese (excluding grated or powdered) decreased by -X% to $X, falling for the second year in a row after four years of growth. In general, the total consumption indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Production of Processed cheese (excluding grated or powdered) in Iran

In value terms, production of processed cheese (excluding grated or powdered) dropped rapidly to $X in 2020 estimated in export prices. Over the period under review, production, however, showed pronounced growth. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Exports of Processed cheese (excluding grated or powdered)

Exports from Iran

In 2020, shipments abroad of processed cheese (excluding grated or powdered) increased by X% to X tons, rising for the second consecutive year after seven years of decline. Overall, exports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. As a result, exports reached the peak of X tons. From 2009 to 2020, the growth of exports remained at a somewhat lower figure.

In value terms, exports of processed cheese (excluding grated or powdered) expanded significantly to $X in 2020. In general, exports, however, continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons), Azerbaijan (X tons) and Russia (X tons) were the main destinations of exports of processed cheese (excluding grated or powdered) from Iran, together comprising X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Azerbaijan, while exports for the other leaders experienced mixed trend patterns.

In value terms, Saudi Arabia ($X), Russia ($X) and Azerbaijan ($X) were the largest markets for processed cheese (excluding grated or powdered) exported from Iran worldwide, with a combined X% share of total exports.

Azerbaijan saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average export price for processed cheese (excluding grated or powdered) amounted to $X per ton, dropping by -X% against the previous year. Overall, the export price, however, saw a tangible expansion. The pace of growth was the most pronounced in 2010 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Azerbaijan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia, while the prices for the other major destinations experienced a decline.

Imports of Processed cheese (excluding grated or powdered)

Imports into Iran

In 2020, overseas purchases of processed cheese (excluding grated or powdered) increased by X% to X tons, rising for the second consecutive year after six years of decline. Over the period under review, imports recorded a modest increase. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, imports of processed cheese (excluding grated or powdered) stood at $X in 2020. In general, imports recorded a strong increase. The growth pace was the most rapid in 2009 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the United Arab Emirates (X tons) constituted the largest processed cheese (excluding grated or powdered) supplier to Iran, with a X% share of total imports. Moreover, imports of processed cheese (excluding grated or powdered) from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold.

From 2007 to 2020, the average annual growth rate of volume from the United Arab Emirates was relatively modest.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of processed cheese (excluding grated or powdered) to Iran, comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from the United Arab Emirates amounted to +X%.

Import Prices by Country

The average import price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, remaining relatively unchanged against the previous year. Overall, import price indicated a noticeable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, import price for processed cheese (excluding grated or powdered) increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2009 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2019, and then totaled in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was the United Arab Emirates ($X per ton), while the price for Turkey amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates.

Source: IndexBox Platform

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