Spices; Mixtures Price in Iran - 2022
Contents:
- Spices; Mixtures Price in Iran (FOB) - 2022
- Spices; Mixtures Price in Iran (CIF) - 2022
- Spices; Mixtures Exports in Iran
- Spices; Mixtures Imports in Iran
Spices; Mixtures Price in Iran (FOB) - 2022
The average spices; mixtures export price stood at $1,537 per ton in 2022, with a decrease of -9.3% against the previous year. In general, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of 17% against the previous year. Over the period under review, the average export prices reached the maximum at $4,664 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($4,792 per ton), while the average price for exports to Turkey ($334 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 Oman (+23.4%), while the prices for the other major destinations experienced mixed trend patterns.
Spices; Mixtures Price in Iran (CIF) - 2022
The average spices; mixtures import price stood at $1,435 per ton in 2022, falling by -44.1% against the previous year. In general, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2016 an increase of 34% against the previous year. The import price peaked at $5,495 per ton in 2019; however, from 2020 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 Turkey ($10,823 per ton), while the price for India ($889 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Mixtures Exports in Iran
Spices; mixtures exports from Iran skyrocketed to 733 tons in 2022, growing by 20% on 2021 figures. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 713% against the previous year. As a result, the exports reached the peak of 804 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, spices; mixtures exports rose remarkably to $1.1M in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 558%. As a result, the exports reached the peak of $1.2M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Spices; Mixtures in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 12.6 | 148 | 15.4 | 221 | 159.8% |
| Germany | 39.2 | 225 | 215 | 165 | 61.5% |
| Jordan | N/A | N/A | N/A | 158 | 0% |
| Azerbaijan | 44.8 | 258 | 127 | 156 | 51.6% |
| Turkey | N/A | N/A | 7.4 | 96.3 | 1201.4% |
| Sweden | 5.6 | 25.1 | 46.6 | 39.5 | 91.8% |
| United Arab Emirates | 1.5 | N/A | N/A | 10.0 | 88.2% |
| Austria | 5.0 | 12.9 | 46.3 | 4.5 | -3.5% |
| United Kingdom | 8.0 | 66.2 | 17.9 | 4.0 | -20.6% |
| Bahrain | 0.6 | 1.3 | 101 | 1.1 | 22.4% |
| Switzerland | 2.2 | 74.8 | 10.5 | 0.3 | -48.5% |
| Others | 66.2 | 411 | 444 | 270 | 59.8% |
| Total | 186 | 1,222 | 1,031 | 1,127 | 82.3% |
Top Export Markets for Spices; Mixtures from Iran in 2022:
- Turkey (288.7 tons)
- Germany (97.4 tons)
- Azerbaijan (90.5 tons)
- Canada (74.0 tons)
- Jordan (33.0 tons)
- United Arab Emirates (10.5 tons)
- Sweden (9.4 tons)
- Austria (2.1 tons)
- United Kingdom (1.6 tons)
- Bahrain (0.5 tons)
- Switzerland (0.1 tons)
Spices; Mixtures Imports in Iran
In 2022, approx. 138 tons of spices; mixtureses were imported into Iran; rising by 97% compared with the previous year. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, spices; mixtures imports amounted to $198K in 2022. Over the period under review, imports, however, recorded a abrupt slump.
| Import of Spices; Mixtures in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 11.7 | 25.2 | 23.1 | 110 | 111.1% |
| United Arab Emirates | 164 | 141 | 80.6 | 61.7 | -27.8% |
| Turkey | 2.4 | 11.1 | N/A | 24.6 | 117.2% |
| Germany | 40.9 | 4.3 | 18.4 | N/A | -32.9% |
| Indonesia | N/A | 11.8 | 19.8 | N/A | 67.8% |
| Others | 40.9 | 22.9 | 38.3 | 1.8 | -64.7% |
| Total | 260 | 216 | 180 | 198 | -8.7% |
Top Suppliers of Spices; Mixtures to Iran in 2022:
- India (123.9 tons)
- United Arab Emirates (10.8 tons)
- Turkey (2.3 tons)
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