The Iranian herbal distillate market, a subset of the broader food industry, offers significant opportunities for trade and investment. In recent years, Iran has seen fluctuating trade volumes and values in the category of extracts, essences, and concentrates of tea/mate—items closely related to herbal distillates. Examining the data from the past three years, a notable trend is observed in Iran"s import and export activities. In 2022, Iran exported 25,100 kg of these products, generating $44,889, while imports were slightly higher at 26,250 kg, costing $363,277. This indicates a strong domestic demand for these products, possibly driven by a growing herbal distillate market. Looking back at 2021, exports were slightly higher at 27,100 kg with a value of $46,889, suggesting a slight dip in export volume in 2022. Imports in 2021 were significantly lower than in 2022 at 15,200 kg with a value of $274,315. The stark increase in both quantity and value of imports from 2021 to 2022 reflects a heightened demand, perhaps due to increased domestic consumption or stockpiling in anticipation of market expansion.
In 2020, the market was nascent with imports of just 25 kg valued at $3,467, and exports were at 908 kg valued at $1,101. The substantial rise in both import and export volumes by 2022 highlights Iran"s growing role in the regional herbal distillate market. Aritral, an AI-driven B2B platform, can facilitate access to this dynamic market. It offers Product Listing and Direct Communication with suppliers, essential for businesses looking to engage with Iran’s promising sector. With Global Sales Assistance and AI-Powered Marketing, Aritral eases the complexities of international trade, providing efficient Profile Management for businesses worldwide.
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