Iran: Computing Machinery Market 2024

Computing Machinery Market Size in Iran

In 2021, the Iranian computing machinery market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption, however, showed a deep setback. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Computing Machinery Exports

Exports from Iran

In 2021, after two years of decline, there was significant growth in overseas shipments of computing machinery and parts and accessories thereof, when their volume increased by 49% to X tons. In general, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 118%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, computing machinery exports rose to $X in 2021. Over the period under review, exports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of 65%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey (X tons), Georgia (X tons) and Germany (X tons) were the main destinations of computing machinery exports from Iran, with a combined 91% share of total exports. Belarus, Switzerland, Australia, Burkina Faso, Armenia, Montenegro, Hong Kong SAR, the Czech Republic, El Salvador and Slovenia lagged somewhat behind, together accounting for a further 80%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Burkina Faso (with a CAGR of +592.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for computing machinery exported from Iran were Germany ($X), Belarus ($X) and Georgia ($X), with a combined 59% share of total exports. These countries were followed by El Salvador, Switzerland, Australia, Turkey, Hong Kong SAR, the Czech Republic, Slovenia, Burkina Faso, Armenia and Montenegro, which together accounted for a further 53%.

Among the main countries of destination, Burkina Faso, with a CAGR of +812.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average computing machinery export price stood at $X per ton in 2021, declining by -31.8% against the previous year. In general, the export price, however, posted a mild expansion. The most prominent rate of growth was recorded in 2015 an increase of 383% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while the average price for exports to Montenegro ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+31.8%), while the prices for the other major destinations experienced more modest paces of growth.

Computing Machinery Imports

Imports into Iran

In 2021, after three years of decline, there was significant growth in overseas purchases of computing machinery and parts and accessories thereof, when their volume increased by 7.6% to X tons. In general, imports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2014 when imports increased by 34% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, computing machinery imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt setback. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons), Turkey (X tons) and Hong Kong SAR (X tons) were the main suppliers of computing machinery imports to Iran, with a combined 98% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +58.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of computing machinery and parts and accessories thereof to Iran, comprising 29% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 14% share of total imports. It was followed by the United Arab Emirates, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +25.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+30.2% per year) and the United Arab Emirates (-29.7% per year).

Import Prices by Country

The average computing machinery import price stood at $X per ton in 2021, with an increase of 43% against the previous year. In general, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 53%. The import price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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