Price for Protein; Concentrates and Textured Protein Substances in Iran - 2022

Contents:

  1. Price for Protein; Concentrates and Textured Protein Substances in Iran (CIF) - 2022
  2. Price for Protein; Concentrates and Textured Protein Substances in Iran (FOB) - 2022
  3. Imports of Protein; Concentrates and Textured Protein Substances in Iran
  4. Exports of Protein; Concentrates and Textured Protein Substances in Iran

Price for Protein; Concentrates and Textured Protein Substances in Iran (CIF) - 2022

In 2022, the average import price for protein; concentrates and textured protein substanceses amounted to $6,008 per ton, picking up by 370% against the previous year. Overall, the import price saw strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($39,435 per ton), while the price for China ($892 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+46.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Protein; Concentrates and Textured Protein Substances in Iran (FOB) - 2022

The average export price for protein; concentrates and textured protein substanceses stood at $1,637 per ton in 2022, increasing by 7.5% against the previous year. Over the period under review, the export price showed prominent growth. The pace of growth was the most pronounced in 2020 an increase of 97% against the previous year. As a result, the export price attained the peak level of $1,710 per ton. From 2021 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 Australia ($19,379 per ton), while the average price for exports to Denmark ($167 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 Australia (+33.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Protein; Concentrates and Textured Protein Substances in Iran

In 2022, imports of protein; concentrates and textured protein substanceses into Iran reduced rapidly to 302 tons, waning by -71.7% against 2021 figures. In general, imports showed a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 168%. As a result, imports attained the peak of 1.1K tons, and then plummeted in the following year.

In value terms, imports of protein; concentrates and textured protein substanceses soared to $1.8M in 2022. Overall, imports continue to indicate a deep downturn.

Import of Protein; Concentrates and Textured Protein Substances in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany90252084.61,0936.6%
BulgariaN/A60.5N/A299122.3%
Turkey5.373.0130178222.6%
CanadaN/AN/A73.956.4-23.7%
ChinaN/AN/AN/A37.10%
Netherlands64.553.415.830.3-22.3%
United Arab Emirates4247162030.7-88.2%
Serbia17.051.8N/AN/A204.7%
Hungary154297N/AN/A92.9%
India16610.8691N/A104.0%
Others510478165119-38.4%
Total2,2422,2611,3631,812-6.9%

Top Suppliers of Protein; Concentrates and Textured Protein Substances to Iran in 2022:

  1. Germany (188.0 tons)
  2. China (41.6 tons)
  3. Turkey (21.5 tons)
  4. Bulgaria (20.0 tons)
  5. Canada (17.7 tons)
  6. Netherlands (8.7 tons)
  7. United Arab Emirates (0.3 tons)

Exports of Protein; Concentrates and Textured Protein Substances in Iran

In 2022, shipments abroad of protein; concentrates and textured protein substanceses was finally on the rise to reach 48 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a dramatic descent.

In value terms, exports of protein; concentrates and textured protein substanceses skyrocketed to $79K in 2022. Overall, exports, however, recorded a precipitous decline.

Export of Protein; Concentrates and Textured Protein Substances in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/A2.4N/A28.0241.6%
Bahrain1,71652.735.426.7-75.0%
GermanyN/A4.93.09.136.3%
PakistanN/AN/AN/A8.60%
Switzerland3041.40.62.8-79.0%
Netherlands2330.10.60.8-84.9%
DenmarkN/AN/AN/A0.30%
Kuwait1,04825.23.1N/A-94.6%
Georgia1,823N/A0.4N/A-98.5%
Others17815.112.62.6-75.6%
Total5,30210255.878.8-75.4%

Top Export Markets for Protein; Concentrates and Textured Protein Substances from Iran in 2022:

  1. Bahrain (27.5 tons)
  2. Germany (12.0 tons)
  3. Switzerland (3.6 tons)
  4. Denmark (1.6 tons)
  5. Australia (1.4 tons)
  6. Pakistan (1.0 tons)
  7. Netherlands (0.4 tons)

Source: IndexBox Market Intelligence Platform

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