Iran: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Iran

The Iranian orange juice (single strength) market fell to $X in 2022, with a decrease of -5.2% against the previous year. In general, consumption saw a abrupt descent. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Orange Juice (Single Strength) in Iran

In value terms, orange juice (single strength) production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2015 when the production volume increased by 35%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Orange Juice (Single Strength)

Exports from Iran

In 2022, approx. X tons of orange juice (single strength) were exported from Iran; dropping by -3.2% against 2021. In general, exports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2021 when exports increased by 0.6% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, orange juice (single strength) exports expanded slightly to $X in 2022. Overall, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2015 when exports increased by 4.9%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Iraq (X kg) was the main destination for orange juice (single strength) exports from Iran, accounting for a 34% share of total exports. Moreover, orange juice (single strength) exports to Iraq exceeded the volume sent to the second major destination, Qatar (X kg), fourfold. Uzbekistan (X kg) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iraq stood at -28.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (-10.1% per year) and Uzbekistan (+81.1% per year).

In value terms, Iraq ($X) remains the key foreign market for orange juice (single strength) exports from Iran, comprising 29% of total exports. The second position in the ranking was held by Qatar ($X), with an 8.2% share of total exports. It was followed by Uzbekistan, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Iraq stood at -29.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (-13.2% per year) and Uzbekistan (+68.7% per year).

Export Prices by Country

The average orange juice (single strength) export price stood at $X per ton in 2022, increasing by 6.6% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to China ($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 Georgia (+6.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Orange Juice (Single Strength)

Imports into Iran

Orange juice (single strength) imports into Iran reduced notably to X tons in 2022, with a decrease of -32.1% compared with 2021. In general, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by 636% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, orange juice (single strength) imports contracted rapidly to $X in 2022. Overall, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2019 when imports increased by 814% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest orange juice (single strength) supplier to Iran, accounting for a 71% share of total imports. Moreover, orange juice (single strength) imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold. Kuwait (X tons) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at +27.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+37.9% per year) and Kuwait (+10.8% per year).

In value terms, the largest orange juice (single strength) suppliers to Iran were Spain ($X), the United Arab Emirates ($X) and Kuwait ($X), with a combined 96% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of +48.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average orange juice (single strength) import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price recorded a pronounced descent. The pace of growth appeared the most rapid in 2017 an increase of 47% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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