Iran: Aluminium Bar Market 2025

Aluminium Bar Market Size in Iran

The Iranian aluminium bar market expanded remarkably to $X in 2021, with an increase of 10% against the previous year. Over the period under review, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -9.0% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Aluminium Bar Production in Iran

In value terms, aluminium bar production rose markedly to $X in 2021 estimated in export price. Over the period under review, production, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 24%. Aluminium bar production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Aluminium Bar Exports

Exports from Iran

In 2021, aluminium bar exports from Iran soared to X tons, jumping by 827% on the previous year's figure. Over the period under review, exports, however, faced a abrupt curtailment. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, aluminium bar exports soared to $X in 2021. Overall, exports, however, recorded a abrupt slump. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey (X tons), Armenia (X tons) and Oman (X tons) were the main destinations of aluminium bar exports from Iran, together accounting for 93% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +66.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminium bar exported from Iran were Armenia ($X), Turkey ($X) and Azerbaijan ($X), together accounting for 92% of total exports.

In terms of the main countries of destination, Turkey, with a CAGR of +59.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average aluminium bar export price amounted to $X per ton, flattening at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 23% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Armenia ($X per ton), while the average price for exports to Oman ($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 Kazakhstan (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Bar Imports

Imports into Iran

Aluminium bar imports into Iran fell significantly to X tons in 2021, reducing by -19.1% against the previous year. Overall, imports showed a abrupt descent. The pace of growth was the most pronounced in 2019 when imports increased by 8.2% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, aluminium bar imports expanded to $X in 2021. Over the period under review, imports showed a deep slump. The pace of growth appeared the most rapid in 2019 with an increase of 45% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), China (X tons) and Italy (X tons) were the main suppliers of aluminium bar imports to Iran, together comprising 97% of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of -14.4%), while purchases for the other leaders experienced a decline.

In value terms, Turkey ($X) constituted the largest supplier of aluminium bars, rods and profiles to Iran, comprising 65% of total imports. The second position in the ranking was held by China ($X), with a 28% share of total imports. It was followed by Italy, with a 1.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey stood at -13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-22.6% per year) and Italy (-22.2% per year).

Import Prices by Country

The average aluminium bar import price stood at $X per ton in 2021, growing by 28% against the previous year. Over the last nine years, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2019 an increase of 34% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Turkey ($X per ton) and the United Arab Emirates ($X per ton), while the price for China ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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