Brown Rice Price in Iran - 2021
Contents:
- Brown Rice Price in Iran (CIF) - 2022
- Brown Rice Price in Iran (FOB) - 2022
- Brown Rice Imports in Iran
- Brown Rice Exports in Iran
Brown Rice Price in Iran (CIF) - 2022
In 2022, the average brown rice import price amounted to $632 per ton, reducing by -19.5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 31%. As a result, import price reached the peak level of $976 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($776 per ton), while the price for India stood at $583 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+14.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Brown Rice Price in Iran (FOB) - 2022
The average brown rice export price stood at $1,291 per ton in 2022, picking up by 55% against the previous year. In general, the export price posted pronounced growth. The export price peaked at $2,072 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Norway ($1,497 per ton) and Austria ($1,359 per ton), while the average price for exports to the UK ($1,083 per ton) and Sweden ($1,105 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 the UK (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.
Brown Rice Imports in Iran
In 2022, approx. 503 tons of husked (brown) rice were imported into Iran; shrinking by -87.3% against the previous year's figure. Over the period under review, imports faced a dramatic decline. The smallest decline of -11.5% was in 2020.
In value terms, brown rice imports contracted significantly to $318K in 2022. Overall, imports showed a precipitous setback. The smallest decline of -10.3% was in 2020.
| Import of Brown Rice in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 0.2 | 0% |
| United Arab Emirates | 8.4 | N/A | 3.1 | 0.1 | -77.2% |
| Kyrgyzstan | N/A | 7.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.4 | 7.6 | 3.1 | 0.3 | -67.1% |
Top Suppliers of Brown Rice to Iran in 2022:
- India (375.0 tons)
- United Arab Emirates (128.0 tons)
Brown Rice Exports in Iran
Brown rice exports from Iran skyrocketed to 116 tons in 2022, growing by 15% against the previous year's figure. In general, exports, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2021 with an increase of 136% against the previous year.
In value terms, brown rice exports soared to $149K in 2022. Over the period under review, exports, however, faced a abrupt curtailment.
| Export of Brown Rice in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.7 | 27.5 | 20.7 | 66.8 | 78.7% |
| Norway | N/A | 4.2 | 4.0 | 3.1 | -14.1% |
| Austria | 1.2 | N/A | 3.8 | 2.7 | 31.0% |
| Sweden | 0.4 | N/A | N/A | 2.4 | 81.7% |
| United Kingdom | 1.4 | N/A | N/A | 2.2 | 16.3% |
| United Arab Emirates | 25.1 | 0.2 | 7.9 | N/A | -43.9% |
| Belarus | 7.8 | N/A | 0.1 | N/A | -88.7% |
| Kyrgyzstan | N/A | N/A | 5.0 | N/A | 0% |
| Canada | 151 | 19.9 | 9.6 | N/A | -74.8% |
| Others | 16.5 | 36.3 | 32.3 | 72.1 | 63.5% |
| Total | 215 | 88.1 | 83.4 | 149 | -11.5% |
Top Export Markets for Brown Rice from Iran in 2022:
- Germany (51.6 tons)
- Sweden (2.1 tons)
- Norway (2.1 tons)
- Austria (2.0 tons)
- United Kingdom (2.0 tons)
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