Iran: Braces And Garters Market 2025

Braces And Garters Market Size in Iran

The Iranian braces and garters market declined slightly to $X in 2022, approximately reflecting the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Braces and garters consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Braces And Garters Production in Iran

In value terms, braces and garters production fell to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 32%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Braces And Garters Exports

Exports from Iran

In 2022, overseas shipments of braces, suspenders and garters were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2018 when exports increased by 731%. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, braces and garters exports soared to $X in 2022. Overall, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when exports increased by 964% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Azerbaijan (X units) was the main destination for braces and garters exports from Iran, with a 84% share of total exports. Moreover, braces and garters exports to Azerbaijan exceeded the volume sent to the second major destination, Iraq (X units), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Azerbaijan stood at -2.2%.

In value terms, Azerbaijan ($X) remains the key foreign market for braces, suspenders and garters exports from Iran, comprising 72% of total exports. The second position in the ranking was held by Iraq ($X), with a 7.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Azerbaijan totaled -2.1%.

Export Prices by Country

The average braces and garters export price stood at $X per unit in 2022, rising by 11% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 33% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($X per unit), while the average price for exports to Iraq stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+25.0%), while the prices for the other major destinations experienced mixed trend patterns.

Braces And Garters Imports

Imports into Iran

In 2022, purchases abroad of braces, suspenders and garters increased by 27% to X units, rising for the second consecutive year after four years of decline. Overall, imports, however, saw a dramatic decline. The growth pace was the most rapid in 2016 when imports increased by 413%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, braces and garters imports rose rapidly to $X in 2022. In general, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of 140%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Turkey (X units), Germany (X units) and the Czech Republic (X units) were the main suppliers of braces and garters imports to Iran, with a combined 73% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of -3.1%), while purchases for the other leaders experienced a decline.

In value terms, the Czech Republic ($X) constituted the largest supplier of braces, suspenders and garters to Iran, comprising 59% of total imports. The second position in the ranking was taken by Turkey ($X), with an 11% share of total imports. It was followed by India, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic stood at -17.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-21.9% per year) and India (-10.6% per year).

Import Prices by Country

The average braces and garters import price stood at $X per unit in 2022, waning by -15.7% against the previous year. Overall, the import price, however, posted measured growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 419%. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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