Cereals; Millet, Seed Price in Iran - 2022

Contents:

  1. Cereals; Millet, Seed Price in Iran (CIF) - 2022
  2. Cereals; Millet, Seed Price in Iran (FOB) - 2022
  3. Cereals; Millet, Seed Imports in Iran
  4. Cereals; Millet, Seed Exports in Iran

Cereals; Millet, Seed Price in Iran (CIF) - 2022

The average cereals; millet, seed import price stood at $196 per ton in 2022, dropping by -21.6% against the previous year. In general, the import price saw a abrupt slump. The import price peaked at $290 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

From 2016 to 2022, the rate of growth in terms of prices for India amounted to -3.0% per year.

Cereals; Millet, Seed Price in Iran (FOB) - 2022

The average cereals; millet, seed export price stood at $164 per ton in 2022, dropping by -3.7% against the previous year. Overall, the export price showed a dramatic decline. The most prominent rate of growth was recorded in 2021 an increase of 5.2%. The export price peaked at $1,819 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Pakistan.

From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to -21.5% per year.

Cereals; Millet, Seed Imports in Iran

In 2022, the amount of cereals; millet, seeds imported into Iran soared to 420 tons, picking up by 192% on 2021. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereals; millet, seed imports soared to $82K in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cereals; Millet, Seed in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UzbekistanN/AN/AN/A82.30%
Kazakhstan6.3N/AN/AN/A0%
IndiaN/AN/A36.0N/A0%
OthersN/AN/AN/AN/A0%
Total6.3N/A36.082.3135.5%

Top Suppliers of Cereals; Millet, Seed to Iran in 2022:

  1. Uzbekistan (420.0 tons)

Cereals; Millet, Seed Exports in Iran

In 2022, overseas shipments of cereals; millet, seeds decreased by -44% to 468 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 662% against the previous year. As a result, the exports reached the peak of 835 tons, and then dropped markedly in the following year.

In value terms, cereals; millet, seed exports plummeted to $77K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 702% against the previous year. As a result, the exports reached the peak of $143K, and then reduced rapidly in the following year.

Export of Cereals; Millet, Seed in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan20.216.914375.855.4%
Others3.40.9N/A1.1-31.4%
Total23.717.814376.948.0%

Top Export Markets for Cereals; Millet, Seed from Iran in 2022:

  1. Pakistan (467.3 tons)

Source: IndexBox Market Intelligence Platform

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