Iran: Bentonite Market 2021

Bentonite Market Size in Iran

After two years of growth, the Iranian bentonite market decreased by -X% to $X in 2019. Over the period under review, consumption, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Iran consumption peaked at $X in 2018, and then reduced rapidly in the following year.

Bentonite Production in Iran

In value terms, bentonite production shrank rapidly to $X in 2019 estimated in export prices. Overall, production, however, saw buoyant growth. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Iran production peaked at $X in 2018, and then shrank sharply in the following year.

Bentonite Exports

Exports from Iran

In 2019, shipments abroad of bentonite increased by X% to X tons, rising for the third year in a row after six years of decline. Over the period under review, exports, however, continue to indicate a abrupt setback. Over the period under review, exports reached the peak figure at X tons in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, bentonite exports rose remarkably to $X in 2019. In general, exports, however, continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Iran exports peaked at $X in 2011; however, from 2012 to 2019, exports remained at a lower figure.

Exports by Country

In 2019, India (X tons), distantly followed by the U.S. (X tons), Turkey (X tons), Italy (X tons) and China (X tons) represented the major exporters of bentonite, together mixing up X% of total exports. Slovakia (X tons), Azerbaijan (X tons), the Czech Republic (X tons), the Netherlands (X tons), Germany (X tons) and Greece (X tons) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Greece, while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Turkey ($X) and India ($X) appeared to be the countries with the highest levels of exports in 2019, together accounting for X% of total exports.

In terms of the main exporting countries, Turkey recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The bentonite export price in Iran stood at $X per ton in 2019, reducing by -X% against the previous year. Overall, the export price, however, continues to indicate modest growth. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. Over the period under review, export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports into Iran

Bentonite imports into Iran declined markedly to X tons in 2019, waning by -X% against 2018 figures. Over the period under review, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, bentonite imports dropped significantly to $X in 2019. In general, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Iran imports peaked at $X in 2014; however, from 2015 to 2019, imports remained at a lower figure.

Imports by Country

Germany (X tons), Canada (X tons), Indonesia (X tons), the Netherlands (X tons), Malaysia (X tons), Poland (X tons), Russia (X tons), Saudi Arabia (X tons), Thailand (X tons), the UK (X tons), Japan (X tons) and France (X tons) represented roughly X% of total imports of bentonite in 2019. Italy (X tons) took a little share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Thailand, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite importing markets into Iran were Germany ($X), Canada ($X) and the Netherlands ($X), together comprising X% of total imports. These countries were followed by Japan, Thailand, France, the UK, Indonesia, Saudi Arabia, Poland, Russia, Malaysia and Italy, which together accounted for a further X the main importing countries, Thailand saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The bentonite import price in Iran stood at $X per ton in 2019, surging by X% against the previous year. Over the period under review, import price indicated a perceptible increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, bentonite import price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2011 when the import price increased by X% year-to-year. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :