Iran: Chocolate Market 2024

Chocolate Market Size in Iran

The Iranian chocolate market dropped to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Chocolate consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Chocolate Production in Iran

In value terms, chocolate production declined to $X in 2022 estimated in export price. Over the period under review, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Chocolate Exports

Exports from Iran

Chocolate exports from Iran reached X tons in 2022, surging by X% on 2021 figures. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, chocolate exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Azerbaijan (X tons), Oman (X tons) and Lebanon (X tons) were the main destinations of chocolate exports from Iran, together comprising X% of total exports. The United Arab Emirates, Armenia, Turkey, China and Qatar lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Azerbaijan ($X), Lebanon ($X) and the United Arab Emirates ($X) constituted the largest markets for chocolate exported from Iran worldwide, with a combined X% share of total exports. Oman, Armenia, Turkey, Qatar and China lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average chocolate export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price saw a slight increase. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($X per ton), while the average price for exports to China ($X 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 Afghanistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Chocolate Imports

Imports into Iran

After five years of decline, overseas purchases of chocolate and cocoa products increased by X% to X tons in 2022. Overall, imports saw a perceptible expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, chocolate imports shrank to $X in 2022. Over the period under review, imports continue to indicate temperate growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X tons), the United Arab Emirates (X tons) and Georgia (X tons) were the main suppliers of chocolate imports to Iran, together accounting for X% of total imports. Poland, Armenia, Germany and Ukraine lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Poland ($X) were the largest chocolate suppliers to Iran, with a combined X% share of total imports. Georgia, Germany, Armenia and Ukraine lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Armenia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average chocolate import price amounted to $X per ton, reducing by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Ukraine ($X 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 (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :