Iran: Market for Buttermilk And Buttermilk Powder 2024

Market Size for Buttermilk And Buttermilk Powder in Iran

The Iranian buttermilk and buttermilk powder market declined slightly to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Buttermilk And Buttermilk Powder in Iran

In value terms, buttermilk and buttermilk powder production fell slightly to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Buttermilk And Buttermilk Powder

Exports from Iran

In 2022, after three years of growth, there was significant decline in overseas shipments of buttermilk and buttermilk powder, when their volume decreased by X% to X tons. Overall, total exports indicated buoyant growth from 2012 to 2022: its volume 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, exports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted in the following year.

In value terms, buttermilk and buttermilk powder exports contracted to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

The United Arab Emirates (X tons) was the main destination for buttermilk and buttermilk powder exports from Iran, accounting for a X% share of total exports. Moreover, buttermilk and buttermilk powder exports to the United Arab Emirates exceeded the volume sent to the second major destination, Kuwait (X tons), threefold. The third position in this ranking was held by Bahrain (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and Bahrain (X% per year).

In value terms, the largest markets for buttermilk and buttermilk powder exported from Iran were Kuwait ($X), the United Arab Emirates ($X) and Bahrain ($X), together comprising X% of total exports.

The United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average buttermilk and buttermilk powder export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price showed a perceptible decline. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Oman ($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 Qatar (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Buttermilk And Buttermilk Powder

Imports into Iran

After four years of decline, overseas purchases of buttermilk and buttermilk powder increased by X% to X tons in 2022. In general, imports, however, showed a deep contraction. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, buttermilk and buttermilk powder imports soared to $X in 2022. Overall, imports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Oman (X tons) was the main supplier of buttermilk and buttermilk powder to Iran, accounting for a X% share of total imports. Moreover, buttermilk and buttermilk powder imports from Oman exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Oman stood at X%.

In value terms, Oman ($X) constituted the largest supplier of buttermilk and buttermilk powder to Iran, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Oman stood at X%.

Import Prices by Country

The average buttermilk and buttermilk powder import price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price, however, recorded modest growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Oman ($X per ton), while the price for the United Arab Emirates totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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