Non-Liquid Margarine Price in Iran - 2022
Contents:
- Non-Liquid Margarine Price in Iran (CIF) - 2022
- Non-Liquid Margarine Price in Iran (FOB) - 2022
- Non-Liquid Margarine Imports in Iran
- Non-Liquid Margarine Exports in Iran
Non-Liquid Margarine Price in Iran (CIF) - 2022
In 2022, the average non-liquid margarine import price amounted to $1,664 per ton, declining by -16.5% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-liquid margarine import price increased by +88.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 125% against the previous year. As a result, import price reached the peak level of $1,991 per ton, and then reduced dramatically in the following year.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +1.5% per year.
Non-Liquid Margarine Price in Iran (FOB) - 2022
The average non-liquid margarine export price stood at $1,018 per ton in 2022, picking up by 25% against the previous year. Overall, the export price, however, recorded a slight decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 90%. The export price peaked at $1,996 per ton in 2016; however, from 2017 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 Oman amounted to +0.6% per year.
Non-Liquid Margarine Imports in Iran
After three years of growth, overseas purchases of non-liquid margarine decreased by -28.9% to 130 tons in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 137% against the previous year. As a result, imports reached the peak of 183 tons, and then dropped remarkably in the following year.
In value terms, non-liquid margarine imports shrank notably to $216K in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 434% against the previous year. As a result, imports attained the peak of $364K, and then contracted sharply in the following year.
| Import of Non-Liquid Margarine in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 63.5 | 68.1 | 364 | 216 | 50.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 63.5 | 68.2 | 364 | 216 | 50.4% |
Top Suppliers of Non-Liquid Margarine to Iran in 2022:
- Turkey (129.9 tons)
Non-Liquid Margarine Exports in Iran
In 2022, shipments abroad of non-liquid margarine decreased by -33.1% to 38 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 195% against the previous year. As a result, the exports reached the peak of 56 tons, and then declined markedly in the following year.
In value terms, non-liquid margarine exports contracted notably to $38K in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 185%.
| Export of Non-Liquid Margarine in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | N/A | 30.6 | 45.8 | 38.0 | 11.4% |
| Armenia | 10.7 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Total | 10.7 | 30.6 | 45.8 | 38.2 | 52.8% |
Top Export Markets for Non-Liquid Margarine from Iran in 2022:
- Pakistan (37.4 tons)
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