Price for Cereal Flour; of Maize (Corn) in Iran - 2022

Contents:

  1. Price for Cereal Flour; of Maize (Corn) in Iran (CIF) - 2022
  2. Imports of Cereal Flour; of Maize (Corn) in Iran

Price for Cereal Flour; of Maize (Corn) in Iran (CIF) - 2022

The average import price for cereal flour; of maize (corn) stood at $635 per ton in 2022, with an increase of 2.9% against the previous year. Overall, the import price, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in 2013 an increase of 16% against the previous year. The import price peaked at $1,617 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 ($1,683 per ton), while the price for the United Arab Emirates stood at $556 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-8.4%).

Imports of Cereal Flour; of Maize (Corn) in Iran

In 2022, after three years of growth, there was decline in purchases abroad of cereal flour; of maize (corn), when their volume decreased by -2.8% to 894 kg. The total import volume increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 6.2%.

In value terms, cereal flour; of maize (corn) imports amounted to $568 in 2022. Over the period under review, imports saw a relatively flat trend pattern. The smallest decline of -0.2% was in 2020.

Import of Cereal Flour; of Maize (Corn) in Iran (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates520540383462-3.9%
Turkey9.028.0185106127.5%
Others40.0N/AN/AN/A0%
Total569568568568-0.1%

Top Suppliers of Cereal Flour; of Maize (Corn) to Iran in 2022:

  1. United Arab Emirates (831.0 kg)
  2. Turkey (63.0 kg)

Source: IndexBox Market Intelligence Platform

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