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2026-09-03T18:40:43.000Z

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Inflation impacts Tehran walnut trade

Inflation impacts Tehran walnut trade

The walnut market in Tehran is experiencing a decline in sales due to rising costs and prices, as traders struggle to maintain their activity amid significant economic inflation. The annual inflation rates reach 69.9% for food and beverages, and 127.5% overall. Although Iran's walnut production reached about 250,000 tons during 1404 (2025-2026), increased costs—including additional expenses for sorting, transportation, and storage—are squeezing profit margins and leading to reduced purchase quantities. Additionally, consumers are buying less due to diminished purchasing power and soaring prices, with the wholesale price of walnut kernels ranging around 1.65 million toman per kilogram.

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