Iran: Market for Chromium, Manganese, Lead and Copper Oxides and Hydroxides 2024

Market Size for Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Iran

In 2022, the Iranian market for chromium, manganese, lead and copper oxides and hydroxides decreased by X% to $X, falling for the second year in a row after two years of growth. In general, consumption continues to indicate a slight descent. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Exports from Iran

After five years of growth, overseas shipments of chromium, manganese, lead and copper oxides and hydroxides decreased by X% to X tons in 2022. Overall, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2021, and then shrank in the following year.

In value terms, exports of chromium, manganese, lead and copper oxides and hydroxides rose rapidly to $X in 2022. In general, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Turkey (X tons) and Uzbekistan (X tons) were the main destinations of exports of chromium, manganese, lead and copper oxides and hydroxides from Iran.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of X%).

In value terms, Uzbekistan ($X) and Turkey ($X) were the largest markets for chromium, manganese, lead and copper oxide and hydroxide exported from Iran worldwide.

In terms of the main countries of destination, Turkey, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average export price for chromium, manganese, lead and copper oxides and hydroxides stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price, however, saw a pronounced descent. The growth pace was the most rapid in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

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

Imports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Imports into Iran

In 2022, purchases abroad of chromium, manganese, lead and copper oxides and hydroxides decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, enjoyed a temperate increase. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of chromium, manganese, lead and copper oxides and hydroxides declined significantly to $X in 2022. Overall, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, Georgia (X tons) constituted the largest supplier of chromium, manganese, lead and copper oxide and hydroxide to Iran, accounting for a X% share of total imports. Moreover, imports of chromium, manganese, lead and copper oxides and hydroxides from Georgia exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), eightfold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Georgia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and China (X% per year).

In value terms, Georgia ($X), Germany ($X) and China ($X) were the largest chromium, manganese, lead and copper oxide and hydroxide suppliers to Iran, together comprising X% of total imports.

Among the main suppliers, Georgia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average import price for chromium, manganese, lead and copper oxides and hydroxides amounted to $X per ton, declining by X% against the previous year. Overall, the import price faced a abrupt decline. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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