Iran: Market for Activated Natural Mineral Products 2024

Market Size for Activated Natural Mineral Products in Iran

The Iranian activated natural mineral products market fell to $X in 2021, shrinking by -2.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a abrupt descent. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Activated Natural Mineral Products

Exports from Iran

In 2021, exports of activated natural mineral products from Iran shrank notably to X tons, which is down by -72.6% against 2020 figures. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 403%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, activated natural mineral products exports fell markedly to $X in 2021. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 1,044%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Indonesia (X tons) was the main destination for activated natural mineral products exports from Iran, with a 96% share of total exports. Moreover, activated natural mineral products exports to Indonesia exceeded the volume sent to the second major destination, Uzbekistan (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Indonesia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (-98.6% per year) and the United Arab Emirates (-77.5% per year).

In value terms, Indonesia ($X) emerged as the key foreign market for activated natural mineral products exports from Iran, comprising 82% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Indonesia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (-95.6% per year) and the United Arab Emirates (-65.5% per year).

Export Prices by Country

In 2021, the average activated natural mineral products export price amounted to $X per ton, falling by -13.3% against the previous year. In general, the export price continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2020 when the average export price increased by 127%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+221.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Activated Natural Mineral Products

Imports into Iran

For the fourth consecutive year, Iran recorded decline in purchases abroad of activated natural mineral products, which decreased by -12.7% to X tons in 2021. Over the period under review, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2014 with an increase of 37% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, activated natural mineral products imports fell to $X in 2021. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 61%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest activated natural mineral products supplier to Iran, with a 70% share of total imports. Moreover, activated natural mineral products imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fourfold. The third position in this ranking was held by Japan (X tons), with a 5.7% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+21.2% per year) and Japan (-20.8% per year).

In value terms, China ($X), the United Arab Emirates ($X) and Japan ($X) appeared to be the largest activated natural mineral products suppliers to Iran, together accounting for 92% of total imports.

The United Arab Emirates, with a CAGR of +16.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average activated natural mineral products import price amounted to $X per ton, picking up by 5% against the previous year. In general, the import price showed notable growth. The most prominent rate of growth was recorded in 2019 an increase of 49%. The import price peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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