Iran banned chicken exports to meet domestic demand
The new regulation has come into force in collaboration with the Agriculture Ministry as of the beginning of the current Iranian calendar month of Aban (October 22) and will be effective until further notice.
Earlier this year, due to the overproduction of chicken, the Islamic Republic of Iran (IRICA) temporarily reduced the duty for chicken exports from June 9 up to July 20 to facilitate the exports of the said commodity.
However, the reduction of the duty on the poultry products resulted in the flow of most of the country’s production to the foreign export destinations, and consequently the prices in the domestic market increase sharply.
Iran could be a poultry production center in the region and in the world, with Iranian poultry farmers having the potential to boost exports to 500,000 tons of meat per year, but external factors like the U.S. sanctions and the shortage of feed remain an invincible obstacle on this path. ■