Iran: Tomato Juice Market 2024

Tomato Juice Market Size in Iran

The Iranian tomato juice market amounted to $X in 2022, approximately mirroring the previous year. Over the period under review, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.1% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Tomato Juice Production in Iran

In value terms, tomato juice production fell modestly to $X in 2022 estimated in export price. In general, production recorded a resilient expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by 182% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Tomato Juice Exports

Exports from Iran

In 2022, overseas shipments of tomato juice increased by 45% to X tons for the first time since 2016, thus ending a five-year declining trend. Over the period under review, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by 311%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, tomato juice exports surged to $X in 2022. Overall, exports, however, recorded a deep slump. The pace of growth was the most pronounced in 2016 when exports increased by 535%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Sweden (X tons), Tajikistan (X tons) and Seychelles (X kg) were the main destinations of tomato juice exports from Iran, with a combined 94% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +32.5%), while the other leaders experienced mixed trend patterns.

In value terms, Sweden ($X), Tajikistan ($X) and Seychelles ($X) constituted the largest markets for tomato juice exported from Iran worldwide, together comprising 95% of total exports.

Sweden, with a CAGR of +31.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average tomato juice export price amounted to $X per ton, picking up by 3.6% against the previous year. Over the period under review, the export price recorded noticeable growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 92% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Tajikistan ($X per ton) and Sweden ($X per ton), while the average price for exports to Afghanistan ($X per ton) and Seychelles ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Juice Imports

Imports into Iran

In 2022, the amount of tomato juice imported into Iran fell to X tons, which is down by -14.3% on the year before. Overall, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of 497% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, tomato juice imports surged to $X in 2022. Over the period under review, imports, however, recorded a temperate expansion. The pace of growth was the most pronounced in 2015 when imports increased by 528% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Poland (X tons), the United Arab Emirates (X tons) and Thailand (X kg) were the main suppliers of tomato juice imports to Iran, together accounting for 95% of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +21.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the United Arab Emirates ($X) and Thailand ($X) appeared to be the largest tomato juice suppliers to Iran, together accounting for 96% of total imports.

Poland, with a CAGR of +21.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average tomato juice import price amounted to $X per ton, growing by 55% against the previous year. In general, the import price, however, recorded a slight contraction. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Thailand ($X per ton), while the price for Armenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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