Iran: Export of sweets and chocolates with less than one third capacity

Published 2021년 6월 19일

Tridge summary

The article highlights the significant decrease in the export of sweets, biscuits, and chocolates from Iran, with a 18% drop to $475 million in 2020 compared to the previous year. The main markets for these products were neighboring countries, including Iraq, Afghanistan, and the Persian Gulf states, as well as Eastern Europe, Russia, China, and the United States. The decrease in export is attributed to various challenges, such as sanctions, the COVID-19 pandemic, and increased costs of raw materials. The secretary of the Biscuit, Confectionery and Chocolate Industries Association emphasized that with the resolution of existing issues, there is potential to export up to $1.5 billion to $2 billion to neighboring countries annually. Additionally, the article discusses the difficulties faced by producers in sourcing raw materials like sugar and flour due to supply issues and rising prices, as well as challenges in importing wheat. Producers are struggling to balance the increased costs with the need to avoid significant price hikes, which could lead to losing their market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In an interview with ISNA, Jamshid Maghazaei reported a decrease in the export of sweets and chocolates last year and said: "Due to the problems caused by the sanctions and the epidemic of Quid 19, the export of these products reached $ 475 million last year (a decrease of about 18%)." Meanwhile, the export of biscuits, sweets and chocolates in 1398 was about 580 million dollars. He stated that the main exports were to neighboring countries, including Iraq, Afghanistan and the Persian Gulf countries, adding: "Of course, part of the exports are to Eastern Europe, Russia, China and a small amount to the United States." Of course, according to the secretary of the Biscuit, Confectionery and Chocolate Industries Association, at present, the export of these products is done with the least capacity; Because in the surrounding countries alone, there is a $ 1.5 billion to $ 2 billion export market; Therefore, if the platforms, including the problems caused by sanctions, remittances and ...
Source: Isna

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