Iran export ban may push up food prices in Armenia

Some food products in Armenia may become more expensive after Iran imposed a ban on the export of food and agricultural goods, raising concerns about possible shortages in the Armenian market.

Tehran introduced the export restrictions on March 3 amid escalating military tensions in the region, halting shipments of all food products and agricultural commodities abroad.

The measure is expected to have a particularly strong impact on Armenia’s dairy sector. Armenian farmer Harutyun Mnatsakanyan told local media that the country already faces a significant shortage of milk, and many producers rely on raw materials imported from Iran. According to him, if the export ban remains in place for more than 10 days, Armenia could face a shortage of dairy products, which would likely push prices higher.

The restrictions may also lead to shortages of several vegetables commonly imported from Iran, including red and green peppers, eggplants, onions, cauliflower and carrots.

In such a scenario, Turkish products could replace Iranian supplies, but they are expected to be more expensive, potentially increasing costs for Armenian consumers.

By Tamilla Hasanova