Report Update Nov 1, 2024

Iran - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights

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Iran: Rapeseed Oil Market 2024

Rapeseed Oil Market Size in Iran

The Iranian rapeseed oil market rose slightly to $X in 2022, surging by 2.5% against the previous year. In general, consumption enjoyed buoyant growth. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Rapeseed Oil Production in Iran

In value terms, rapeseed oil production totaled $X in 2022 estimated in export price. In general, production continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2016 when the production volume increased by 143% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Rapeseed Oil Exports

Exports from Iran

In 2022, after six years of decline, there was decline in overseas shipments of rapeseed oil, when their volume decreased by 0% to X kg. Over the period under review, exports saw a precipitous decrease. The smallest decline of -1% was in 2017. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, rapeseed oil exports stood at $X in 2022. Overall, exports continue to indicate a abrupt curtailment. The smallest decline of -10.9% was in 2017. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

From 2013 to 2022, the average annual growth rate of volume to No country was relatively modest.

From 2013 to 2022, the average annual rate of growth in terms of value to No country was relatively modest.

Rapeseed Oil Imports

Imports into Iran

In 2022, the amount of rapeseed oil imported into Iran soared to X tons, rising by 19% compared with 2021. In general, imports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2016 with an increase of 82%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, rapeseed oil imports surged to $X in 2022. Over the period under review, imports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 106%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kazakhstan (X tons) was the main rapeseed oil supplier to Iran, with a 93% share of total imports. Moreover, rapeseed oil imports from Kazakhstan exceeded the figures recorded by the second-largest supplier, Austria (X tons), more than tenfold. The third position in this ranking was held by the United Arab Emirates (X tons), with a 0.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Kazakhstan amounted to +13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+21.6% per year) and the United Arab Emirates (-52.5% per year).

In value terms, Kazakhstan ($X) constituted the largest supplier of rapeseed oil to Iran, comprising 93% of total imports. The second position in the ranking was taken by Austria ($X), with a 4.7% share of total imports. It was followed by Turkey, with a 0.6% share.

From 2012 to 2022, the average annual growth rate of value from Kazakhstan stood at +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+9.3% per year) and Turkey (-23.6% per year).

Import Prices by Country

In 2022, the average rapeseed oil import price amounted to $X per ton, with an increase of 9% against the previous year. In general, the import price, however, showed a mild setback. The most prominent rate of growth was recorded in 2020 an increase of 52% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+18.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rapeseed oil in the world?

The countries with the highest volumes of rapeseed oil consumption in 2021 were China, the United States and India, together comprising 41% of global consumption. These countries were followed by Germany, Poland, France, Canada, Japan, Belgium, the UK, Mexico, the Netherlands and Norway, which together accounted for a further 42%.

What are the largest producers of rapeseed oil in the world?

The countries with the highest volumes of rapeseed oil production in 2021 were Canada, Germany and China, together comprising 43% of global production. India, France, Poland, Japan, the United States, the UK, Belgium, Russia, Mexico and the Czech Republic lagged somewhat behind, together comprising a further 42%.

What are the leading suppliers of rapeseed oil to Iran?

In value terms, Russia constituted the largest supplier of rapeseed oil to Iran, comprising 76% of total imports. The second position in the ranking was occupied by Kazakhstan, with a 15% share of total imports. It was followed by Austria, with a 4.2% share.

What is the average export price for rapeseed oil in Iran?

In 2019, the average rapeseed oil export price amounted to $3,227 per ton, surging by 66% against the previous year.

What is the average import price for rapeseed oil in Iran?

In 2021, the average rapeseed oil import price amounted to $1,076 per ton, waning by -14.3% against the previous year.

This report provides an in-depth analysis of the rapeseed oil market in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 271 - Oil of Rapeseed or Canola oil

Country coverage:

Iran

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iran
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023