Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Iran - 2022
Contents:
- Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Iran (CIF) - 2022
- Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Iran (FOB) - 2022
- Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Iran
- Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Iran
Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Iran (CIF) - 2022
In 2022, the average import price for liquid margarine and edible mixtures of animal or vegetable fats amounted to $1,468 per ton, remaining constant 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 2020 when the average import price increased by 15%. The import price peaked at $1,504 per ton in 2012; afterwards, it flattened through to 2022.
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 Germany ($14,628 per ton), while the price for Indonesia ($762 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.1%), while the prices for the other major suppliers experienced a decline.
Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Iran (FOB) - 2022
In 2022, the average export price for liquid margarine and edible mixtures of animal or vegetable fats amounted to $1,570 per ton, picking up by 4.4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 8.3% against the previous year. As a result, the export price attained the peak level of $1,861 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($1,607 per ton), while the average price for exports to Uzbekistan ($802 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 Kuwait (+9.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Iran
In 2022, imports of liquid margarine and edible mixtures of animal or vegetable fats into Iran contracted markedly to 11K tons, dropping by -19.8% against the year before. Overall, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 65% against the previous year.
In value terms, imports of liquid margarine and edible mixtures of animal or vegetable fats declined remarkably to $16M in 2022. Over the period under review, imports saw a pronounced descent. The pace of growth appeared the most rapid in 2021 when imports increased by 69% against the previous year. As a result, imports reached the peak of $20M, and then dropped rapidly in the following year.
| Import of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 9.2 | 5.3 | 11.2 | 7.2 | -7.8% |
| Germany | 0.9 | 0.2 | 0.4 | 4.1 | 65.8% |
| Turkey | 1.5 | 1.3 | 1.1 | 1.7 | 4.3% |
| Indonesia | 0.1 | 0.6 | 0.5 | 1.4 | 141.0% |
| France | N/A | 0.2 | 0.5 | 0.5 | 58.1% |
| United Arab Emirates | 2.0 | 1.3 | 0.9 | 0.3 | -46.9% |
| Spain | 1.0 | 0.9 | 1.2 | 0.2 | -41.5% |
| Austria | 0.2 | N/A | 1.8 | N/A | 200.0% |
| Others | 3.1 | 2.1 | 2.7 | 0.8 | -36.3% |
| Total | 18.0 | 12.0 | 20.4 | 16.2 | -3.5% |
Top Suppliers of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats to Iran in 2022:
- Malaysia (6.8K tons)
- Indonesia (1.9K tons)
- Turkey (1.4K tons)
- Germany (0.3K tons)
- United Arab Emirates (0.2K tons)
- France (0.2K tons)
- Spain (0.1K tons)
Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Iran
In 2022, the amount of liquid margarine and edible mixtures of animal or vegetable fats exported from Iran soared to 340 tons, increasing by 287% on 2021. Overall, exports showed a remarkable increase.
In value terms, exports of liquid margarine and edible mixtures of animal or vegetable fats surged to $533K in 2022. In general, exports recorded resilient growth.
| Export of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | 2.5 | N/A | 520 | 1342.2% |
| Azerbaijan | N/A | N/A | N/A | 12.8 | 0% |
| Belarus | 379 | 924 | 124 | N/A | -42.8% |
| Others | N/A | 8.5 | 7.4 | 0.8 | -69.3% |
| Total | 379 | 935 | 132 | 533 | 12.0% |
Top Export Markets for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats from Iran in 2022:
- Kazakhstan (323.4 tons)
- Azerbaijan (15.6 tons)
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