Iran: Vinegar-Preserved Vegetable Market 2024

Vinegar-Preserved Vegetable Market Size in Iran

The Iranian vinegar-preserved vegetable market rose slightly to $X in 2022, picking up by 3.3% against the previous year. In general, consumption recorded a strong increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Vinegar-Preserved Vegetable Production in Iran

In value terms, vinegar-preserved vegetable production reduced to $X in 2022 estimated in export price. In general, production enjoyed strong growth. The pace of growth appeared the most rapid in 2016 with an increase of 86%. Vinegar-preserved vegetable production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Vinegar-Preserved Vegetable Exports

Exports from Iran

In 2022, shipments abroad of vegetables in vinegar other than potatoes decreased by -41.2% to X tons, falling for the second year in a row after four years of growth. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 46%. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, vinegar-preserved vegetable exports declined sharply to $X in 2022. In general, total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -34.4% against 2019 indices. The pace of growth was the most pronounced in 2019 when exports increased by 59% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Canada (X tons), Germany (X tons) and Bahrain (X tons) were the main destinations of vinegar-preserved vegetable exports from Iran, together accounting for 29% of total exports. Australia, the UK, the Netherlands, Sweden and Azerbaijan lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +12.4%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Germany ($X) and the Netherlands ($X) were the largest markets for vinegar-preserved vegetable exported from Iran worldwide, with a combined 29% share of total exports. Sweden, Australia, the UK, Bahrain and Azerbaijan lagged somewhat behind, together accounting for a further 31%.

Australia, with a CAGR of +15.9%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average vinegar-preserved vegetable export price amounted to $X per ton, with an increase of 20% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2014 an increase of 35% against the previous year. The export price peaked at $X per ton in 2019; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Azerbaijan ($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 Azerbaijan (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Vinegar-Preserved Vegetable Imports

Imports into Iran

In 2022, approx. X tons of vegetables in vinegar other than potatoes were imported into Iran; waning by -16.8% on 2021 figures. Over the period under review, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2019 with an increase of 258%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, vinegar-preserved vegetable imports reduced to $X in 2022. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 with an increase of 204% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Africa (X tons) constituted the largest supplier of vinegar-preserved vegetable to Iran, with a 53% share of total imports. Moreover, vinegar-preserved vegetable imports from South Africa exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was held by Turkey (X tons), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from South Africa was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (-2.8% per year) and Turkey (+11.7% per year).

In value terms, South Africa ($X) constituted the largest supplier of vegetables in vinegar other than potatoes to Iran, comprising 62% of total imports. The second position in the ranking was taken by Turkey ($X), with an 18% share of total imports. It was followed by India, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from South Africa was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+16.2% per year) and India (-5.8% per year).

Import Prices by Country

The average vinegar-preserved vegetable import price stood at $X per ton in 2022, surging by 6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 29%. The import price peaked at $X per ton in 2018; however, from 2019 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 South Africa ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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