Iran: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Iran

The Iranian market for cellular plates, sheets and films of polyymers of styrene shrank to $X in 2022, approximately equating the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in Iran

In value terms, production of cellular plates, sheets and films of polyymers of styrene fell to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 17% against the previous year. Production of peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports from Iran

In 2022, the amount of cellular plates, sheets and films of polyymers of styrene exported from Iran soared to X tons, growing by 44% compared with the previous year's figure. In general, exports, however, saw a mild curtailment. The growth pace was the most rapid in 2017 with an increase of 82%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene surged to $X in 2022. Overall, exports, however, saw a noticeable contraction. The pace of growth appeared the most rapid in 2017 when exports increased by 99%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for exports of cellular plates, sheets and films of polyymers of styrene from Iran, accounting for a 56% share of total exports. Moreover, exports of cellular plates, sheets and films of polyymers of styrene to the United Arab Emirates exceeded the volume sent to the second major destination, Azerbaijan (X tons), sixfold. Iraq (X tons) ranked third in terms of total exports with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +36.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+7.0% per year) and Iraq (-19.5% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for cellular plates, sheets and films of polyymers of styrene exports from Iran, comprising 65% of total exports. The second position in the ranking was taken by Azerbaijan ($X), with a 9% share of total exports. It was followed by Iraq, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled +33.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+2.1% per year) and Iraq (-22.5% per year).

Export Prices by Country

The average export price for cellular plates, sheets and films of polyymers of styrene stood at $X per ton in 2022, rising by 6.9% against the previous year. Over the period under review, the export price, however, saw a noticeable setback. The pace of growth appeared the most rapid in 2017 an increase of 9.5%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkmenistan ($X per ton), while the average price for exports to Tajikistan ($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 Afghanistan (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports into Iran

In 2022, after three years of decline, there was significant growth in purchases abroad of cellular plates, sheets and films of polyymers of styrene, when their volume increased by 143% to X tons. Over the period under review, imports, however, faced a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 167%. Over the period under review, imports of attained the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene skyrocketed to $X in 2022. Overall, imports, however, showed a abrupt decline. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest supplier of polystyrene cellular plates, sheets and films to Iran, with a 75% share of total imports. Moreover, imports of cellular plates, sheets and films of polyymers of styrene from Saudi Arabia exceeded the figures recorded by the second-largest supplier, China (X tons), eightfold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia amounted to -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-23.9% per year) and the United Arab Emirates (-11.1% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of cellular plates, sheets and films of polyymers of styrene to Iran, comprising 61% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 17% share of total imports. It was followed by China, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia amounted to -2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+3.0% per year) and China (-24.6% per year).

Import Prices by Country

In 2022, the average import price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, with an increase of 35% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 60% against the previous year. The import price peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

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 the United Arab Emirates ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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