Iran: Olive Market 2024

Olive Market Size in Iran

The Iranian olive market amounted to $X in 2022, rising by X% against the previous year. In general, consumption, however, recorded pronounced growth. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Olive Production in Iran

In value terms, olive production rose significantly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Olive production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The average yield of olives in Iran shrank to X tons per ha in 2022, flattening at 2021 figures. Overall, the yield, however, continues to indicate a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the average olive yield attained the maximum level at X tons per ha in 2017; however, from 2018 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The olive harvested area in Iran shrank to X ha in 2022, falling by X% compared with the previous year. Overall, the harvested area saw a slight reduction. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to olive production attained the maximum at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

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Olive Exports

Exports from Iran

After five years of decline, shipments abroad of olives increased by X% to X tons in 2022. Over the period under review, exports, however, recorded a abrupt decline. The growth pace was the most rapid in 2014 when exports increased by X%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, olive exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for olive exports from Iran, accounting for a X% share of total exports. Moreover, olive exports to the United Arab Emirates exceeded the volume sent to the second major destination, Malaysia (X kg), more than tenfold. The third position in this ranking was taken by Belgium (X kg), with a X% share.

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

In value terms, the United Arab Emirates ($X), Malaysia ($X) and Canada ($X) were the largest markets for olive exported from Iran worldwide, with a combined X% share of total exports.

Malaysia, with a CAGR of X%, saw 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 mixed trend patterns.

Export Prices by Country

In 2022, the average olive export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price saw a pronounced shrinkage. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then declined remarkably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to the United Arab Emirates ($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 Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

Olive Imports

Imports into Iran

In 2022, the amount of olives imported into Iran skyrocketed to X tons, jumping by X% compared with the previous year's figure. In general, imports, however, faced a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of X%. 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, olive imports soared to $X in 2022. Over the period under review, imports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Kuwait (X tons) was the main olive supplier to Iran, accounting for a X% share of total imports. Moreover, olive imports from Kuwait exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume from Kuwait stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

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

From 2012 to 2022, the average annual growth rate of value from Kuwait stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average olive import price amounted to $X per ton, which is down by X% against the previous year. Overall, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 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 Kuwait ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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