Bran, sharps and residues from cereal or legume processing market in Iran

Earlier Report Observations

Between 2018 and 2020, Iran's bran and residues market volume remained stable with a slight dip to 1 421 thousand tons in 2019 before rising to 1 482 thousand tons in 2020. State-owned companies were active in the flour and bran sector, and trade interactions such as imports from the United States indicated ongoing market activity. The increase in 2020 aligned with a broader trend of rising domestic consumption.

Market growth accelerated in 2021 and 2022, reaching a peak of 1 592 thousand tons. This expansion was primarily driven by increased consumer demand for corn bran and a shift toward higher value-added products. Changes in import-export policies, labeling and packaging regulations, and market access requirements further stimulated the market. Major companies contributed by developing new products and entering new market segments.

In 2023, the market volume stabilized at 1 573 thousand tons, maintaining a level well above the start of the period. Iran consolidated its position as the second-largest consumer of corn bran in the Middle East, highlighting the market's regional significance.

Production bran, sharps and residues from cereal or legume processing in Iran

In kind, 2017-2020, K t

Between 2017 and 2020, Iran ranked 23rd globally in the production of bran, sharps, and residues from cereal or legume processing.

Top producers of bran, sharps and residues from cereal or legume processing, 2017-2020

World map of production of bran, sharps and residues from cereal or legume processing, 2017-2020

After a two-year decline, Iran's production of bran, sharps, and residues from cereal or legume processing rebounded in 2020. That year, output reached 1 484 K t, marking a 4.1% increase from 2019. Over the full 2017–2020 period, production grew by 3.3%, averaging an annualized rate of 1.1%. The lowest production level was in 2019 at 1 426 K t, while the largest drop occurred in 2018 with a 0.6% decrease.

Annual dynamics of production in Iran in kind, 2017-2020, K t

In value, 2017-2020, M $ US

In 2020, the value of Iran's production of bran, sharps, and residues from cereal or legume processing fell to 368.3 M $ US, down 3.4% from 2019. From 2017 to 2020, production value declined by 17.7%, with an average annual decrease of 6.3%. The lowest value was recorded in 2018 at 335.4 M $ US, which also saw the steepest drop of 25.0%. In contrast, 2019 experienced the largest increase at 13.6%.

Annual dynamics of production in Iran in value, 2017-2020, M $ US

Exports bran, sharps and residues from cereal or legume processing from Iran

Exports in kind, t

The export market for bran, sharps, and residues from cereal or legume processing from Iran showed significant volatility during the observed period. In 2020, exports dropped to 1 630 t, a sharp 70.1% decrease from the previous year. The highest export volume was in 2018 at 15 975 t, which also saw the largest increase of 5 883.5%. The fluctuation between 2017 and 2018 was particularly dramatic, with a 60-fold difference between the peak and trough.

Annual dynamics of product's exports from Iran in kind, 2017-2020, t

From 2017 to 2020, nearly all of Iran's exports in kind of bran, sharps, and residues from cereal or legume processing went to Iraq, accounting for 97.7% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Iran in kind, 2017-2020

Exports in value, K $ US

The export market in value terms exhibited high volatility from 2017 to 2020. In 2020, exports fell to 405 K $ US, a 72.3% decline from the previous year. The peak was in 2018 at 3 751 K $ US, which also recorded the largest increase of 4 413.0%. The variation between the 2017 trough and the 2018 peak was substantial, showing a 45-fold difference.

Annual dynamics of product's exports from Iran in value, 2017-2020, K $ US

Throughout 2017–2020, Iraq dominated Iran's export structure in value terms, holding a 97.1% share of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Iran in value, 2017-2020

Imports bran, sharps and residues from cereal or legume processing to Iran

Imports in kind, t

Iran's imports of bran, sharps, and residues from cereal or legume processing declined for the third consecutive year in 2020, dropping to 23 t. This represented a sharp 98.4% decrease from 2019. Over the 2017–2020 period, imports fell by 99.9%, with an annualized rate of decline averaging 91.1%.

Annual dynamics of product's imports to Iran in kind, 2017-2020, t

From 2017 to 2020, the main sources for Iran's imports in kind of bran, sharps, and residues from cereal or legume processing were the United Arab Emirates (35.6% of imports), Kazakhstan (26.9%), and Azerbaijan (10.4%). Together, these three countries accounted for 72.9% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Iran in kind, 2017-2020

Imports in value, K $ US

Iran's imports of bran, sharps, and residues from cereal or legume processing in value terms declined for the third year in a row in 2020. Imports totaled 1 000 K $ US, a sharp 90.6% drop from the previous year. Between 2017 and 2020, imports decreased by 99.7%, with a compound annual growth rate (CAGR) of -85.5%.

Annual dynamics of product's imports to Iran in value, 2017-2020, K $ US

Throughout 2017–2020, the leading sources for Iran's imports in value terms of bran, sharps, and residues from cereal or legume processing were the United Arab Emirates (34.8% of imports), China (21.1%), and Kazakhstan (18.0%). Collectively, these three countries made up 73.9% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Iran in value, 2017-2020