Report Update Nov 1, 2024

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

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Iran: Carbides Market 2024

Carbides Market Size in Iran

The Iranian carbides market reduced to $X in 2022, waning by -7.7% against the previous year. In general, consumption recorded a abrupt contraction. Carbides consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Carbides Production in Iran

In value terms, carbides production fell to $X in 2022 estimated in export price. Overall, production continues to indicate a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 15%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Carbides Exports

Exports from Iran

In 2022, carbides exports from Iran soared to X tons, jumping by 17% compared with the year before. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 254%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, carbides exports soared to $X in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 239%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Turkey (X tons) was the main destination for carbides exports from Iran, with a 76% share of total exports. Moreover, carbides exports to Turkey exceeded the volume sent to the second major destination, India (X tons), tenfold. The third position in this ranking was taken by Azerbaijan (X tons), with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey amounted to +36.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+45.4% per year) and Azerbaijan (+6.5% per year).

In value terms, Turkey ($X) remains the key foreign market for carbides exports from Iran, comprising 82% of total exports. The second position in the ranking was held by India ($X), with an 8.8% share of total exports. It was followed by Georgia, with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey stood at +39.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+55.9% per year) and Georgia (+142.1% per year).

Export Prices by Country

In 2022, the average carbides export price amounted to $X per ton, jumping by 54% against the previous year. In general, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbides export price increased by +146.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 60%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

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 India ($X per ton), while the average price for exports to Uzbekistan ($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 Armenia (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Carbides Imports

Imports into Iran

In 2022, purchases abroad of carbides decreased by -60.8% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports showed a pronounced setback. The growth pace was the most rapid in 2020 with an increase of 111%. Imports peaked at X tons in 2021, and then fell remarkably in the following year.

In value terms, carbides imports declined sharply to $X in 2022. In general, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 117%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main supplier of carbides to Iran, with a 100% share of total imports. It was followed by Turkey (X tons), with a 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +9.2%.

In value terms, China ($X) constituted the largest supplier of carbides to Iran, comprising 95% of total imports. The second position in the ranking was taken by Turkey ($X), with a 3.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +5.2%.

Import Prices by Country

The average carbides import price stood at $X per ton in 2022, jumping by 58% against the previous year. Overall, the import price, however, saw a perceptible descent. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Turkey ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+53.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carbides in the world?

China remains the largest carbides consuming country worldwide, accounting for 32% of total volume. Moreover, carbides consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 6.1% share.

What are the largest producers of carbides in the world?

China remains the largest carbides producing country worldwide, comprising approx. 39% of total volume. Moreover, carbides production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Russia, with a 6.2% share.

What are the leading suppliers of carbides to Iran?

In value terms, Italy constituted the largest supplier of carbides to Iran.

What are the leading importers of carbides from Iran?

In value terms, Turkey remains the key foreign market for carbides exports from Iran, comprising 86% of total exports. The second position in the ranking was occupied by Azerbaijan, with a 4.4% share of total exports. It was followed by Uzbekistan, with a 3.3% share.

What is the average export price for carbides in Iran?

The average carbides export price stood at $755 per ton in 2021, with an increase of 39% against the previous year.

What is the average import price for carbides in Iran?

In 2021, the average carbides import price amounted to $1,213 per ton, with an increase of 2.8% against the previous year.

This report provides an in-depth analysis of the carbides 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 20136450 - Carbides whether or not chemically defined

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