Iran: Wine Market 2024

Wine Market Size in Iran

The Iranian wine market was estimated at $X in 2022, growing by X% against the previous year. Overall, consumption recorded a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Wine Production in Iran

In value terms, wine production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Wine Exports

Exports from Iran

Wine exports from Iran expanded slightly to X litres in 2022, with an increase of X% against 2021 figures. In general, exports recorded a strong increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X litres in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, wine exports contracted to $X in 2022. Over the period under review, exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Maldives (X litres), Switzerland (X litres) and Spain (X litres) were the main destinations of wine exports from Iran, together comprising X% of total exports. These countries were followed by New Zealand, which accounted for a further X%.

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

In value terms, Maldives ($X) remains the key foreign market for wine and grape must exports from Iran, comprising X% of total exports. The second position in the ranking was held by Switzerland ($X), with an X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Maldives stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Spain (X% per year).

Export Prices by Country

The average wine export price stood at $X per litre in 2022, shrinking by X% against the previous year. Over the period under review, the export price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per litre in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($X per litre), while the average price for exports to New Zealand ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (X%), while the prices for the other major destinations experienced a decline.

Wine Imports

Imports into Iran

In 2022, after three years of decline, there was significant growth in overseas purchases of wine and grape must, when their volume increased by X% to X litres. In general, imports posted a resilient increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked at X litres in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, wine imports shrank to $X in 2022. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X litres) constituted the largest supplier of wine to Iran, with a X% share of total imports. Moreover, wine imports from South Africa exceeded the figures recorded by the second-largest supplier, Denmark (X litres), twofold. The United Arab Emirates (X litres) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Africa amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and the United Arab Emirates (X% per year).

In value terms, the largest wine suppliers to Iran were Denmark ($X), France ($X) and South Africa ($X), together comprising X% of total imports.

Among the main suppliers, Denmark, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average wine import price amounted to $X per litre, which is down by X% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wine import price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, import price attained the peak level of $X per litre, and then dropped markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per litre), while the price for South Africa ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform

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