Iran: Can canned fish become more expensive?

Published Jun 23, 2021

Tridge summary

The Director General of the Office of Quality Improvement, Processing and Development of the Aquatic Market of the Fisheries Organization of Iran, Issa Golshahi, addressed the discrepancy between the listed prices and the selling prices of canned fish in stores, stating that if there is an increase in the price of canned fish, the discounts will be reduced. However, he also mentioned that if the exchange rate decreases, import costs will decrease and prices will not increase. Golshahi also highlighted that the high nutritional value of canned fish justifies its higher price, but manufacturers are trying to keep prices low by pricing their products competitively, despite rising production costs.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In an interview with ISNA, Issa Golshahi said in response to the question whether the price of canned fish will increase or not? There have been speculations about the increase in the price of canned fish, but what we see in stores is the sale of canned fish cheaper than the prices listed on the can. He continued: The price listed on a can of 180 grams of canned fish with vegetable oil is 29 thousand and 500 tomans, which is sold in chain stores for less than 25 thousand tomans. The Director General of the Office of Quality Improvement, Processing and Development of the Aquatic Market of the Fisheries Organization of Iran added: If the price of canned fish is to increase, it seems that the distance between the discounts and the price listed on the cans will be reduced in the first place. Otherwise the prices of jet prints on cans will increase. Of course, the price of this product does not seem to be more than about 29 thousand tomans. According to him, if the exchange rate ...
Source: Isna

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.