Iran: Market for Powdered, Condensed Or Evaporated Milk 2024

Market Size for Powdered, Condensed Or Evaporated Milk in Iran

The Iranian market for powdered, condensed or evaporated milk dropped to $X in 2022, reducing by X% against the previous year. Overall, consumption, however, saw a perceptible shrinkage. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Powdered, Condensed Or Evaporated Milk in Iran

In value terms, powdered, condensed or evaporated milk production declined remarkably to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Exports of Powdered, Condensed Or Evaporated Milk

Exports from Iran

In 2022, shipments abroad of powdered, condensed or evaporated milk was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a buoyant expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, powdered, condensed or evaporated milk exports fell to $X in 2022. Overall, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

The United Arab Emirates (X tons), Armenia (X tons) and Georgia (X tons) were the main destinations of powdered, condensed or evaporated milk exports from Iran, together accounting for X% of total exports. Turkey, Kazakhstan, Azerbaijan and Uzbekistan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the key foreign market for powdered, condensed or evaporated milk exports from Iran, comprising X% of total exports. The second position in the ranking was held by Armenia ($X), with an X% share of total exports. It was followed by Georgia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (X% per year) and Georgia (X% per year).

Export Prices by Country

In 2022, the average export price for powdered, condensed or evaporated milk amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The growth pace was the most rapid in 2020 an increase of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Azerbaijan ($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 Uzbekistan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Powdered, Condensed Or Evaporated Milk

Imports into Iran

In 2022, purchases abroad of powdered, condensed or evaporated milk increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a drastic downturn. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, powdered, condensed or evaporated milk imports surged to $X in 2022. Over the period under review, imports, however, faced a abrupt decrease. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), the United Arab Emirates (X tons) and France (X tons) were the main suppliers of powdered, condensed or evaporated milk imports to Iran, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the Netherlands ($X) constituted the largest supplier of powdered, condensed or evaporated milk to Iran, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the average import price for powdered, condensed or evaporated milk amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price showed a slight increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained 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 Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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