Research and Markets: An Iran Agribusiness Report for Q3 2011: Government Reductions in Subsidies is Due to Impact on Iran's Agribusiness Market Outlook

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/8d9c56/iran_agribusiness) has announced the addition of the "Iran Agribusiness Report Q3 2011" report to their offering.

Business Monitor International's Iran Agribusiness service provides proprietary medium term price forecasts for key commodities, including corn, wheat, rice, sugar, cocoa, coffee, soy and milk; in addition to newly-researched competitive intelligence on leading agribusiness producers, traders and suppliers; in-depth analysis of latest industry developments; and essential industry context on Iran's agribusiness service.

Market Outlook:

An important risk to Iranian short-term consumption is playing out, as the government has recently announced that it is reducing subsidies in a bid to improve the country's fiscal account. The impacts should be relatively wide, as livestock and grain consumption is likely to be affected. With a large population and some economic growth, the country would appear to be a good place to invest in agricultural production.

Indeed, with relatively low yields, large arable land space and the government's intention to eventually expand the sugar sector, the country on the surface appears an attractive place for production growth. However, with sanctions in place and potentially more on the way, Iran will struggle to meet even its most basic food needs over the forecast period. The poultry sector is likely to be the main outperformer due to consumption growth.

Key Views:

  • Wheat production growth to 2014/15: 3.9% to 14.0mn tonnes. Despite being an important crop, wheat yields in Iran are still fairly low by world standards. Average yields are comparable to the level seen in Turkey but some way below those of Pakistan to the east.
  • Beef consumption growth to 2015: 12% to 738,000 tonnes. Rising disposable incomes should benefit the consumption of beef at the expense of poultry, as mainly higher-income consumers trade up to the more expensive meat over the long term.
  • Sugar production growth to 2014/15: 21% to 1.3mn tonnes. Iran is widely believed to have given inadequate investment and public and private sector support to the sugar sector. Base effects are the main factor behind the long-term production increase.
  • 2011 Real GDP Growth: 1.2% (same as 2010; predicted to average 2% from 2010 until 2015). - Food Price Inflation: 25% y-o-y in March 2011 (down from 14% y-o-y in March 2010).

Key Topics Covered:

  • SWOT Analysis
  • Industry Forecast Scenario
  • Iran Livestock Outlook
  • Iran Rice Outlook
  • Iran Sugar Outlook
  • Iran Grains Outlook
  • Iran Dairy Outlook
  • Commodity Price Analysis
  • Downstream Supply Chain Analysis
  • Industry Forecast Scenario
  • Macroeconomic Forecast

For more information visit http://www.researchandmarkets.com/research/8d9c56/iran_agribusiness

Contacts

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Contacts

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716