Iran: Totaliser Market 2024

Totaliser Market Size in Iran

The Iranian totaliser market shrank notably to $X in 2021, declining by -20.9% 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). In general, consumption continues to indicate a abrupt curtailment. Totaliser consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Totaliser Exports

Exports from Iran

In 2021, totaliser exports from Iran fell dramatically to X units, dropping by -50% against the year before. Over the period under review, exports saw a deep downturn. The pace of growth was the most pronounced in 2015 when exports increased by 50% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, totaliser exports declined notably to $X in 2021. In general, exports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2015 with an increase of 257%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for totaliser exports from Iran, with a approx. 50% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

In value terms, Iraq ($X) remains the key foreign market for continuous and discontinuous totalisers exports from Iran, comprising 57% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Iraq stood at -37.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (-34.2% per year) and the United Arab Emirates (+55.5% per year).

Export Prices by Country

In 2021, the average totaliser export price amounted to $X per unit, falling by -57.8% against the previous year. In general, the export price continues to indicate a sharp contraction. The pace of growth appeared the most rapid in 2016 an increase of 119% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, 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 Iraq ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+258.3%), while the prices for the other major destinations experienced mixed trend patterns.

Totaliser Imports

Imports into Iran

In 2021, the amount of continuous and discontinuous totalisers imported into Iran reduced to X units, which is down by -7.6% compared with the previous year's figure. Overall, imports saw a perceptible descent. The pace of growth was the most pronounced in 2017 with an increase of 94%. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, totaliser imports reduced dramatically to $X in 2021. Over the period under review, imports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when imports increased by 240% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, France (X units) constituted the largest supplier of totaliser to Iran, accounting for a 31% share of total imports. Moreover, totaliser imports from France exceeded the figures recorded by the second-largest supplier, Spain (X units), fourfold. The third position in this ranking was held by China (X units), with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-11.5% per year) and China (-9.7% per year).

In value terms, France ($X), Spain ($X) and the United Arab Emirates ($X) appeared to be the largest totaliser suppliers to Iran, with a combined 75% share of total imports.

France, with a CAGR of +3.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average totaliser import price amounted to $X per unit, shrinking by -55% against the previous year. Over the period under review, the import price showed a abrupt decline. The growth pace was the most rapid in 2017 when the average import price increased by 76% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

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 Germany ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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