Starches; Inulin Price in Iran - 2022
Contents:
- Starches; Inulin Price in Iran (FOB) - 2022
- Starches; Inulin Price in Iran (CIF) - 2022
- Starches; Inulin Exports in Iran
- Starches; Inulin Imports in Iran
Starches; Inulin Price in Iran (FOB) - 2022
In 2022, the average starches; inulin export price amounted to $284 per ton, picking up by 11% against the previous year. Overall, the export price, however, showed a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of 12%. As a result, the export price attained the peak level of $602 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Azerbaijan ($372 per ton) and Turkey ($297 per ton), while the average price for exports to Iraq ($260 per ton) and Turkmenistan ($288 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (-0.0%), while the prices for the other major destinations experienced a decline.
Starches; Inulin Price in Iran (CIF) - 2022
The average starches; inulin import price stood at $616 per ton in 2022, reducing by -24.3% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 36%. Over the period under review, average import prices attained the maximum at $974 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($4,484 per ton), while the price for India ($222 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Starches; Inulin Exports in Iran
In 2022, approx. 16K tons of starches; inulins were exported from Iran; which is down by -16.6% on 2021. The total export volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 52% against the previous year. As a result, the exports attained the peak of 20K tons, and then contracted remarkably in the following year.
In value terms, starches; inulin exports reduced to $4.6M in 2022. Over the period under review, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 18%.
| Export of Starches; Inulin in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 1,925 | 883 | 2,177 | 1,974 | 0.8% |
| Turkey | 2,107 | 1,894 | 1,618 | 1,264 | -15.7% |
| Afghanistan | 884 | 1,038 | 739 | 777 | -4.2% |
| Turkmenistan | 512 | 179 | 131 | 243 | -22.0% |
| Azerbaijan | 56.4 | 51.0 | 108 | 133 | 33.1% |
| Others | 288 | 198 | 246 | 241 | -5.8% |
| Total | 5,772 | 4,242 | 5,020 | 4,631 | -7.1% |
Top Export Markets for Starches; Inulin from Iran in 2022:
- Iraq (7.6K tons)
- Turkey (4.3K tons)
- Afghanistan (2.7K tons)
- Turkmenistan (0.8K tons)
- Azerbaijan (0.4K tons)
Starches; Inulin Imports in Iran
In 2022, the amount of starches; inulins imported into Iran skyrocketed to 1K tons, with an increase of 172% against 2021 figures. Over the period under review, imports, however, continue to indicate a abrupt shrinkage.
In value terms, starches; inulin imports surged to $625K in 2022. Overall, imports, however, saw a abrupt decline.
| Import of Starches; Inulin in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 91.1 | 87.8 | 46.4 | 113 | 7.4% |
| Luxembourg | 134 | 117 | 45.1 | 79.6 | -15.9% |
| Thailand | 27.0 | 35.3 | 22.4 | 68.0 | 36.1% |
| Turkey | 11.2 | 36.1 | 20.7 | 57.5 | 72.5% |
| Sweden | 60.7 | 59.0 | 23.1 | 48.8 | -7.0% |
| Denmark | 66.4 | 53.3 | 17.3 | 30.0 | -23.3% |
| Germany | 32.0 | 5.6 | 0.5 | 29.1 | -3.1% |
| Austria | 56.2 | 45.5 | 14.9 | 26.3 | -22.4% |
| China | 193 | 159 | 30.0 | 22.1 | -51.4% |
| India | 5.8 | 63.9 | 16.6 | 21.5 | 54.8% |
| United Arab Emirates | 104 | 23.7 | 1.0 | 21.3 | -41.1% |
| Bulgaria | 34.2 | 79.4 | 11.2 | 8.2 | -37.9% |
| Others | 177 | 181 | 54.4 | 100 | -17.3% |
| Total | 992 | 947 | 304 | 625 | -14.3% |
Top Suppliers of Starches; Inulin to Iran in 2022:
- Thailand (282.1 tons)
- Denmark (117.0 tons)
- Turkey (110.7 tons)
- India (97.0 tons)
- Germany (83.1 tons)
- Netherlands (67.5 tons)
- Sweden (58.3 tons)
- Austria (57.9 tons)
- Luxembourg (37.8 tons)
- United Arab Emirates (23.4 tons)
- Bulgaria (19.7 tons)
- China (7.1 tons)
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