Iran: Cereal Germ Market 2024

Cereal Germ Market Size in Iran

The Iranian cereal germ market rose slightly to $X in 2022, surging by X% against the previous year. In general, the total consumption indicated a notable increase from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. Cereal germ consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Cereal Germ Production in Iran

In value terms, cereal germ production stood at $X in 2022 estimated in export price. Overall, the total production indicated a perceptible increase from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Cereal germ production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Cereal Germ Exports

Exports from Iran

In 2022, approx. X tons of cereal germ were exported from Iran; picking up by X% on the previous year. Overall, exports recorded prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, cereal germ exports dropped to $X in 2022. In general, exports showed buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for cereal germ exports from Iran, accounting for a X% share of total exports. Moreover, cereal germ exports to Germany exceeded the volume sent to the second major destination, Iraq (X kg), twofold. The UK (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and the UK (X% per year).

In value terms, Germany ($X) remains the key foreign market for cereal germ exports from Iran, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Iraq, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Iraq (X% per year).

Export Prices by Country

The average cereal germ export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a deep contraction. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 the UK ($X per ton), while the average price for exports to Denmark ($X 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 Afghanistan (X%), while the prices for the other major destinations experienced a decline.

Cereal Germ Imports

Imports into Iran

In 2021, the amount of cereal germ imported into Iran totaled X tons, therefore, remained relatively stable against the year before. Over the period under review, imports saw a sharp descent. The smallest decline of X% was in 2017. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, cereal germ imports stood at $X in 2021. Overall, imports saw a deep slump. The smallest decline of X% was in 2017. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) was the main supplier of cereal germ to Iran, accounting for a approx. X% share of total imports.

From 2013 to 2021, the average annual growth rate of volume from the United Arab Emirates was relatively modest.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of cereal germ to Iran.

From 2013 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates was relatively modest.

Import Prices by Country

In 2021, the average cereal germ import price amounted to $X per ton, stabilizing at the previous year. Overall, the import price posted a remarkable increase. The most prominent rate of growth was recorded in 2017 a decrease of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

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

From 2013 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Source: IndexBox Platform

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