All you need to know about the market of Iran’s Soybeans
Iranian Soy Market, Importers, Exporters, Buyers, and Statistics – Different Products from Soy
Soybean belongs to the category of legumes and is a tropical plant native to Southeast Asia. This plant does not contain cholesterol and the amount of saturated fatty acids (SFA) in soy is low. Soybean is the only plant food that contains all 8 essential amino acids. It is also a good source of fiber, iron, calcium, zinc, and B vitamins. Soy is the cheapest and one of the most complete sources of protein. This nutritious seed can replace animal protein, especially in the diet of vegetarians. Soy protein is more similar to animal protein than other grains. Oil extracted from soybeans is also one of the most important types of oils. This oil contains very high linoleic acid and therefore it cannot be used for frying oil. Soybean is poor in amino acid methionine compared to sesame, but it is high in amino acid lysine.
More about Soybean
Soybean is an annual bushy legume. It grows between 12 and 36 inches (30 and 91 cm) tall. The stems and leaves of Soybeans are fuzzy. The flowers are white with shades of lavender. The pods are 1-4 inches (2.5-10 cm) long and grow in clusters of three to five. Each fuzzy pod contains 2 to 4 seeds. There are more than 10,000 soybean varieties. Colors range from black to gray, brown, green, yellow, white, and striped. The seeds can be as small as a pea or as large as a cowpea. Soybeans are planted in the spring 2 to 3 weeks after the average last date of winter when the soil has warmed to at least 60°F (16°C). Soybeans can be planted earlier in warm winter areas. Soybeans grow best where the average daytime temperature is 70°F (21°C).
In Which Regions of Iran Is Soybean Grown?
More than 86,000 hectares of land under soybean cultivation produce the best nutritious seeds from this group of agricultural products. The provinces of Fars, Isfahan, Gilan, North Khorasan, Tehran, Zanjan, Qazvin, Khuzestan, and several other regions have the largest soybean cultivation lands.
What is the Difference between Soybeans and Soybean Nuts?
Soybeans are picked when they are green, but soybean nuts are prepared by soaking in water and undergoing some processes. Soybean nuts are often flavored. Like other legumes, this nutritious seed is an excellent plant-based source of protein, healthy fats, vitamins, and minerals in both varieties. Despite their similarities, soybean nuts and green soybeans are different in the methods of preparation, consumption, and maturation of soybeans at the time of harvest, and they are also different in terms of nutritional value. Soybean nuts are prepared from mature seeds separated from their pods. To achieve a crunchy, nutty texture, these seeds are soaked in water, then seasoned and roasted or baked. In contrast, raw or green soybeans are immature soybeans that are picked in pods. The process of roasting and removing the pod leads to the removal of 20% of the juice of this bean. Also, soybean nuts have a much higher nutritional content than their green counterparts per weight unit.
What is a Soybean Meal?
When soybeans are pressed and water and oil are extracted, what remains is called soybean meal. Soybean meal is not used for human food, but it is a good material for livestock, poultry, fish, and other animals. A large amount of import of this important product is used to enrich livestock and poultry feed in terms of protein percentage. By adding soybean meal to livestock and poultry feed, its protein can be increased up to 49%. This means that nutrients are provided to the animals so that they can grow better.
What is Soybean Oil?
Soybean oil is a vegetable oil that is extracted from soybeans and is one of the most widely used vegetable oils in cooking. Processed soybean oil is used as a base oil for printing ink, oil paint, and drying oil. These days, the biggest producers of this oil in the world are China, America, Brazil, Argentina, and India. In America, more than 60% of vegetable oil used by people is soybean oil. In 2018 and 2019, 62 million tons of soybean oil were produced worldwide and it is one of the most common cooking oils available. The main composition of this oil is triglyceride or acylglycerol. To produce soybean oil, soybeans are crushed and then heated at a temperature of 60 to 88 degrees Celsius, and then their oil is extracted using hexane. Then the oil is refined and sometimes hydrogenated. This oil is used in a wide range of processed foods. Soybean oil is used for frying food and salad seasoning.
Properties of Soybeans
- Help reduce cholesterol
- Contribute to heart health
- Help to reduce blood pressure
- Help to reduce blood sugar
- Help improve fertility
- Help reduce menopause symptoms
- Help improve bone health
The Importance of Importing Soybeans to Iran
The import of soybeans and their meal as two important sources for enriching animal feed is facing a high demand in the country. Since the domestic production is not sufficient for its consumption, the need to import is clear. Many companies import a large amount of this product from different countries. For this reason, the bulk purchase of soybeans from foreign countries by domestic producers is very common. The countries of India, Brazil, and Argentina are among the major importers of soybeans to Iran, among which a large number of soybeans are imported from India. In terms of quality, this type of soybean has a lower quality than the sample imported from Brazil and Argentina. The higher the quality of this product, the higher the wholesale price of soybeans.
Soybean Exports from Iran
Due to its use in various foods, it is widely consumed in some countries such as Afghanistan, Iraq, and Pakistan. The soybean produced in Iran is of good quality, therefore, Iran mostly exports its soybeans to these countries.
The Biggest Exporters of Soybeans in the World
In the crop year of 2014 - 2015, a total of 207 million tons of soybean meal were produced in the world, and China, America, and Argentina were considered to be major producers of this product. China alone produced more than a quarter of this product. Although most countries have had an upward trend in production, India was an exception. The production of this country decreased from the crop year of 2011 - 2012, which was equal to 7.72 million tons, to 5.6 million tons in the crop year of 2014 - 2015. According to the US Department of Agriculture report in 2016, Southeast Asian countries were the largest importers of soybean meal. Iran was also the sixth-largest importer of this product in the world in 2016.
More about importing soybeans to Iran
The country's need to import and consume soybean meal is more than 3 million tons per year. This amount should reach the consumption of animal husbandry industry, bird breeding, and aquaculture. Importing companies usually consider facilities for the wholesale of soybeans. Transportation of these livestock inputs is usually done in bulk. Price fluctuations in the market, supply of required currency at the right time, and export and import laws are important factors in soybean import and soybean meal import.
The amount of Soybean Imports to Iran in 2022
According to statistics, in 2022, more than 1.3 million tons of soybean meal worth more than 854 million dollars entered the country, which shows a decrease of 43% in terms of weight and 33% in terms of value compared to 2021. Also, in 2022, more than 2.5 million tons of soybeans worth more than 1.9 billion dollars were imported into the country, which compared to 2021, is 15% less in terms of weight and 36% less in terms of value.
Customs Tariff for Soybean Clearance from Customs:
- The customs tariff code for the clearance of soybeans and its components is under row 1507.
- The customs tariff code for the clearance of soy texture protein material is 21061011.
- The customs tariff code for the clearance of soybeans is under row 1201.
- The customs tariff code for soybean oil clearance is 1507.
- The customs tariff code for soy sauce clearance is 21031000.
Iran’s Soy Imports Statistics
Want to see the Import Statistics of Soy to Iran? Contact us for the Soy import statistics in Iran, and you will be provided with the information you require about the details of Iran’s market for importing Soy (Soy). Have you been looking for further data and information regarding Iran’s Soy international and domestic market? Leave all your needs in capable hands.
What Makes an Iranian Soy Buyer or Importer a Potential Partner
To start your partnership with an Iranian Soy Importer, you should make sure that the partner has a valid background in the domestic and international markets. Also, you should make sure that your partner has a legitimate business that you can trust. Iran Consultation Group facilitates all the processes for you by checking the background of your partner and monitoring your relationships. All in all, these are some of the most important characteristics of a good Iranian Soy Importer as your business partner:
- In-depth experience in exporting Damask Rose
- Legal Activity
- Appropriate Business Behavior
- Experiences in the International Market
- Owning a company outside of Iran for easier international transactions and trades
List of Soy Importers in Iran
Looking for the list of Iranian Soy buyers and importers? Contact us and we will provide you with all the required information.
What Do We Do?
Through our years of experience, we have helped companies from various countries find a safe way to the Iranian market. Thanks to our connections and databases, we provide our clients with:
- detailed information and research about Iran’s market based on your proposal
- finds the right partners/cooperators/sellers for you
- arranges business meetings between you and them
- supervises your negotiations
- helps you form a positive relationship
- checks the legal validity of your shared contracts (or forms contracts/MOUs) for you
- helps you with shipping and quality control
- finally facilitates your international settlements
All in all, with Iran Consultation Group beside you, you have a trusted representative office in Iran, that shares the local in-depth knowledge of Iran’s market with you and makes sure you are in the best route of business.
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