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Iran shipments of chilled beef surge

Business Materials 8 August 2018 12:35 (UTC +04:00)

Baku, Azerbaijan, August 8

Trend:

Iranian imports of chilled and frozen beef witnessed an eight percent rise in the first four months of the current Iranian fiscal year (started March 21), according to figures released by the Islamic Republic of Iran Customs Administration.

The Iranian government imported nearly 34,357 tons of frozen beef worth $148 million in the first 4 months of this year, customs figures indicated, Mehr news agency reported on August 8.

This prompted a nearly 8-percent surge in shipments of chilled beef into the country, marking a 2.57 percent and 7.69 growth in weight and value compared to the same period last year.

In 2017, Iran imported 33,497 tons of frozen beef.

Recently, the director general of the Economic Affairs and Commercial Policies Office with the Ministry of Industries, Mining and Trade said the government was importing red meat in a bid to help balance the demand for it in the market.

The government is importing, storing and distributing 120 tons of lamb and mutton on a daily basis to control high prices in the market, Mohammad Reza Kalami Bajestan said on July 21.

Iranian officials say that annual agricultural output stands at 120 million tons, valued at $80 million.

The figure includes 82 million tons of crops, 20 million tons of horticultural products, 14 million tons of livestock, and over one million tons of fishery products.

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