Iran: Temporarily Preserved Vegetable Market 2024

Temporarily Preserved Vegetable Market Size in Iran

The Iranian temporarily preserved vegetable market rose notably to $X in 2022, growing by 6.9% against the previous year. Over the period under review, consumption showed resilient growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Temporarily Preserved Vegetable Production in Iran

In value terms, temporarily preserved vegetable production expanded rapidly to $X in 2022 estimated in export price. Overall, production showed a perceptible increase. The most prominent rate of growth was recorded in 2019 with an increase of 23%. Temporarily preserved vegetable production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Temporarily Preserved Vegetable Exports

Exports from Iran

In 2022, the amount of vegetables (temporarily preserved) exported from Iran reduced sharply to X tons, which is down by -23.8% compared with 2021 figures. Over the period under review, exports, however, posted strong growth. The pace of growth was the most pronounced in 2014 with an increase of 157%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, temporarily preserved vegetable exports shrank slightly to $X in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 117% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belgium (X tons) was the main destination for temporarily preserved vegetable exports from Iran, with a 65% share of total exports. Moreover, temporarily preserved vegetable exports to Belgium exceeded the volume sent to the second major destination, the UK (X tons), sixfold. Sweden (X tons) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium totaled +40.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+52.7% per year) and Sweden (+34.9% per year).

In value terms, Belgium ($X) emerged as the key foreign market for vegetables (temporarily preserved) exports from Iran, comprising 31% of total exports. The second position in the ranking was held by the UK ($X), with a 13% share of total exports. It was followed by Sweden, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium totaled +24.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+82.7% per year) and Sweden (+28.4% per year).

Export Prices by Country

The average temporarily preserved vegetable export price stood at $X per ton in 2022, jumping by 31% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 52% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat 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 UK ($X per ton), while the average price for exports to Belgium ($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 the UK (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Temporarily Preserved Vegetable Imports

Imports into Iran

In 2022, supplies from abroad of vegetables (temporarily preserved) increased by 102% to X tons, rising for the third year in a row after four years of decline. Overall, imports showed a resilient expansion. The pace of growth was the most pronounced in 2015 when imports increased by 379%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, temporarily preserved vegetable imports surged to $X in 2022. Over the period under review, imports posted a buoyant increase. The pace of growth was the most pronounced in 2015 when imports increased by 250%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) was the main temporarily preserved vegetable supplier to Iran, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India stood at +31.0%.

In value terms, India ($X) constituted the largest supplier of vegetables (temporarily preserved) to Iran.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to +39.8%.

Import Prices by Country

The average temporarily preserved vegetable import price stood at $X per ton in 2022, reducing by -15.5% against the previous year. Over the period under review, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 53%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +28.1% per year.

Source: IndexBox Platform

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