Iran - Sauces and Seasonings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSauce and Seasoning Price in Iran - 2021
Contents:
- Sauce and Seasoning Price in Iran (FOB) - 2022
- Sauce and Seasoning Price in Iran (CIF) - 2022
- Sauce and Seasoning Exports in Iran
- Sauce and Seasoning Imports in Iran
Sauce and Seasoning Price in Iran (FOB) - 2022
The average sauce and seasoning export price stood at $1,312 per ton in 2022, surging by 4.5% against the previous year. Over the period under review, the export price, however, recorded a pronounced curtailment. The pace of growth was the most pronounced in 2015 when the average export price increased by 17%. The export price peaked at $2,132 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($2,905 per ton), while the average price for exports to Kenya ($397 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 Bahrain (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Sauce and Seasoning Price in Iran (CIF) - 2022
The average sauce and seasoning import price stood at $3,082 per ton in 2022, increasing by 79% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sauce and seasoning import price increased by +81.7% against 2020 indices. Over the period under review, average import prices attained the peak figure at $3,174 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Canada ($4,518 per ton), while the price for China ($939 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Sauce and Seasoning Exports in Iran
Sauce and seasoning exports from Iran contracted to 1.1K tons in 2022, which is down by -6% compared with 2021. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 50%. As a result, the exports attained the peak of 1.2K tons, and then declined in the following year.
In value terms, sauce and seasoning exports fell slightly to $1.5M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. As a result, the exports reached the peak of $1.5M, and then fell modestly in the following year.
| Export of Sauce and Seasoning in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Armenia | 2.8 | N/A | 57.2 | 185 | 304.3% |
| Lebanon | 6.2 | N/A | 199 | 173 | 203.3% |
| Canada | 86.7 | 59.9 | 96.9 | 140 | 17.3% |
| Germany | 91.3 | 84.2 | 76.0 | 115 | 8.0% |
| Azerbaijan | 4.8 | 10.5 | 39.5 | 90.1 | 165.8% |
| Bahrain | 46.8 | 5.7 | 67.4 | 89.5 | 24.1% |
| Australia | 116 | 215 | 98.5 | 78.9 | -12.1% |
| Netherlands | 10.6 | 54.6 | 86.5 | 70.6 | 88.1% |
| Sweden | 27.8 | 33.8 | 65.4 | 51.2 | 22.6% |
| United Kingdom | 38.4 | 19.4 | 28.4 | 38.6 | 0.2% |
| United Arab Emirates | 57.0 | 183 | 54.7 | 34.5 | -15.4% |
| Kenya | 1.2 | 3.7 | 6.3 | 32.5 | 200.3% |
| Turkey | 59.3 | 26.0 | 26.6 | 14.6 | -37.3% |
| Others | 614 | 332 | 630 | 394 | -13.7% |
| Total | 1,163 | 1,028 | 1,533 | 1,506 | 9.0% |
Top Export Markets for Sauce and Seasoning from Iran in 2022:
- Armenia (172.1 tons)
- Canada (112.5 tons)
- Lebanon (109.9 tons)
- Kenya (81.7 tons)
- Germany (79.7 tons)
- Bahrain (73.2 tons)
- Azerbaijan (66.3 tons)
- United Arab Emirates (49.7 tons)
- Sweden (37.0 tons)
- Turkey (31.3 tons)
- Netherlands (28.8 tons)
- Australia (27.2 tons)
- United Kingdom (25.9 tons)
Sauce and Seasoning Imports in Iran
For the third consecutive year, Iran recorded decline in purchases abroad of sauces and seasonings, which decreased by -27.4% to 850 tons in 2022. Over the period under review, imports faced a sharp shrinkage. The smallest decline of -7.7% was in 2021.
In value terms, sauce and seasoning imports skyrocketed to $2.6M in 2022. Overall, imports faced a deep contraction.
| Import of Sauce and Seasoning in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 353 | 27.6 | 169 | 720 | 26.8% |
| Germany | 271 | 247 | 237 | 285 | 1.7% |
| United Arab Emirates | 1,664 | 828 | 468 | 263 | -45.9% |
| Turkey | 659 | 123 | 165 | 241 | -28.5% |
| Malaysia | N/A | N/A | N/A | 173 | 0% |
| China | 351 | 492 | 524 | 52.3 | -47.0% |
| Thailand | 16.9 | N/A | 55.2 | 43.0 | 36.5% |
| United Kingdom | N/A | N/A | 7.5 | 31.4 | 318.7% |
| Others | 427 | 433 | 386 | 810 | 23.8% |
| Total | 3,741 | 2,152 | 2,012 | 2,619 | -11.2% |
Top Suppliers of Sauce and Seasoning to Iran in 2022:
- Canada (159.4 tons)
- United Arab Emirates (114.8 tons)
- Germany (91.9 tons)
- Turkey (71.4 tons)
- China (55.7 tons)
- Malaysia (49.6 tons)
- Thailand (35.3 tons)
- United Kingdom (32.1 tons)
This report provides an in-depth analysis of the sauce and seasoning market in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10841210 - Soya sauce
- Prodcom 10841230 - Tomato ketchup and other tomato sauces
- Prodcom 10841253 - Mustard flour and meal
- Prodcom 10841255 - Prepared mustard
- Prodcom 10841270 - Sauces and preparations therefor, mixed condiments and mixed seasonings (excluding soya sauce, tomato ketchup, o ther tomato sauces, mustard flour or meal and prepared mustard)
Country coverage:
- Iran
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Iran
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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