Iran: Market for Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals 2025

Market Size for Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals in Iran

In 2022, the Iranian compounds of rare-earth metals market was finally on the rise to reach $X after three years of decline. Overall, consumption posted a prominent increase. Compounds of rare-earth metals consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Exports of Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals

Exports from Iran

In 2022, the amount of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals exported from Iran fell dramatically to X kg, which is down by X% on 2021. In general, exports faced a dramatic downturn. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, compounds of rare-earth metals exports fell dramatically to $X in 2022. Overall, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X kg) and the Czech Republic (X kg) were the main destinations of compounds of rare-earth metals exports from Iran. Moreover, compounds of rare-earth metals exports in the Netherlands exceeded the figures recorded by the second-largest exporter, the Czech Republic, twofold.

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

In value terms, the Netherlands ($X) remains the key foreign market for compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals exports from Iran, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled X%.

Export Prices by Country

The average compounds of rare-earth metals export price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the Czech Republic amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (X%).

Imports of Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals

Imports into Iran

In 2022, overseas purchases of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports showed strong growth. The growth pace was the most rapid in 2016 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, compounds of rare-earth metals imports skyrocketed to $X in 2022. Overall, imports showed mild growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Malaysia (X tons) and the UK (X tons) were the main suppliers of compounds of rare-earth metals imports to Iran, with a combined X% share of total imports. Turkey and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals to Iran, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with an X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Turkey (X% per year).

Import Prices by Country

The average compounds of rare-earth metals import price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price showed a abrupt contraction. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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