Iran: Market for Continuous-Action Elevators And Conveyors 2024

Market Size for Continuous-Action Elevators And Conveyors in Iran

The Iranian continuous-action elevators and conveyors market surged to $X in 2022, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Exports of Continuous-Action Elevators And Conveyors

Exports from Iran

In 2022, continuous-action elevators and conveyors exports from Iran soared to X units, jumping by X% on the year before. In general, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, continuous-action elevators and conveyors exports expanded to $X in 2022. Overall, exports saw a resilient increase. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X units) was the main destination for continuous-action elevators and conveyors exports from Iran, accounting for a X% share of total exports. Moreover, continuous-action elevators and conveyors exports to Canada exceeded the volume sent to the second major destination, Armenia (X units), fourfold. Georgia (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (X% per year) and Georgia (X% per year).

In value terms, the largest markets for continuous-action elevators and conveyors exported from Iran were Canada ($X), Armenia ($X) and Georgia ($X), together accounting for X% of total exports.

Canada, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average continuous-action elevators and conveyors export price amounted to $X per unit, declining by X% against the previous year. Overall, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 Armenia ($X per unit), while the average price for exports to Uzbekistan ($X per unit) was amongst the lowest.

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

Imports of Continuous-Action Elevators And Conveyors

Imports into Iran

Continuous-action elevators and conveyors imports into Iran surged to X units in 2022, growing by X% against the previous year. Overall, imports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, continuous-action elevators and conveyors imports surged to $X in 2022. In general, imports continue to indicate a noticeable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X units), China (X units) and Germany (X units) were the main suppliers of continuous-action elevators and conveyors imports to Iran, with a combined X% share of total imports. Turkey, France, Italy and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

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

In value terms, Belgium ($X), Germany ($X) and China ($X) were the largest continuous-action elevators and conveyors suppliers to Iran, with a combined X% share of total imports. Italy, France, Turkey and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average continuous-action elevators and conveyors import price stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the import price saw a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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