Report Update Nov 1, 2024

Iran - Bentonite - Market Analysis, Forecast, Size, Trends and Insights

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Iran: Bentonite Market 2024

Bentonite Market Size in Iran

The Iranian bentonite market rose markedly to $X in 2022, increasing by 10% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Bentonite Production in Iran

In value terms, bentonite production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 58%. Bentonite production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Bentonite Exports

Exports from Iran

In 2022, the amount of bentonite exported from Iran reached X tons, almost unchanged from 2021 figures. Over the period under review, exports enjoyed measured growth. The pace of growth was the most pronounced in 2019 when exports increased by 64%. The exports peaked at X tons in 2020; afterwards, it flattened through to 2022.

In value terms, bentonite exports amounted to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 98%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for bentonite exports from Iran, with a 74% share of total exports. Moreover, bentonite exports to India exceeded the volume sent to the second major destination, Turkey (X tons), sixfold. Qatar (X tons) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India amounted to +139.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+47.3% per year) and Qatar (0.0% per year).

In value terms, India ($X) emerged as the key foreign market for bentonite exports from Iran, comprising 57% of total exports. The second position in the ranking was taken by Turkey ($X), with a 20% share of total exports. It was followed by China, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value to India stood at +99.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+46.8% per year) and China (+22.3% per year).

Export Prices by Country

In 2022, the average bentonite export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 38%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Qatar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-0.3%), while the prices for the other major destinations experienced a decline.

Bentonite Imports

Imports into Iran

In 2022, imports of bentonite into Iran dropped notably to X tons, waning by -98.6% compared with the year before. Overall, imports recorded a dramatic decline. The growth pace was the most rapid in 2020 when imports increased by 89% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, bentonite imports shrank sharply to $X in 2022. In general, imports faced a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 86% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of bentonite to Iran, accounting for a 89% share of total imports. It was followed by Italy (X kg), with a 2.5% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Turkey totaled -5.7%.

In value terms, Italy ($X) constituted the largest supplier of bentonite to Iran, comprising 46% of total imports. The second position in the ranking was held by Turkey ($X), with a 3.4% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to -9.3%.

Import Prices by Country

In 2022, the average bentonite import price amounted to $X per ton, with an increase of 1,598% against the previous year. Over the period under review, the import price saw a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+60.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bentonite in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 47% share of global consumption.

What are the largest producers of bentonite in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 61% share of global production.

What are the leading suppliers of bentonite to Iran?

In value terms, Turkey constituted the largest supplier of bentonite to Iran.

What are the leading importers of bentonite from Iran?

In value terms, India emerged as the key foreign market for bentonite exports from Iran, comprising 47% of total exports. The second position in the ranking was occupied by Uzbekistan, with a 14% share of total exports. It was followed by Turkey, with a 12% share.

What is the average export price for bentonite in Iran?

In 2021, the average bentonite export price amounted to $131 per ton, approximately equating the previous year.

What is the average import price for bentonite in Iran?

In 2021, the average bentonite import price amounted to $293 per ton, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the bentonite market in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 08122210 - Bentonite

Country coverage:

Iran

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iran
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023