Report Update Nov 1, 2024

Iran - Denatured Ethyl Alcohol and Other Denatured Spirits - Market Analysis, Forecast, Size, Trends and Insights

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Iran: Denatured Ethyl Alcohol Market 2024

Denatured Ethyl Alcohol Market Size in Iran

The Iranian denatured ethyl alcohol market shrank remarkably to $X in 2021, declining by -18.2% against the previous year. In general, consumption continues to indicate a pronounced slump. Denatured ethyl alcohol consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Denatured Ethyl Alcohol Production in Iran

In value terms, denatured ethyl alcohol production dropped dramatically to $X in 2021 estimated in export price. Overall, production saw a noticeable descent. The growth pace was the most rapid in 2020 when the production volume increased by 65%. Denatured ethyl alcohol production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Denatured Ethyl Alcohol Exports

Exports from Iran

In 2021, shipments abroad of denatured ethyl alcohol and other denatured spirits increased by 89% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 816%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, denatured ethyl alcohol exports soared to $X in 2021. Overall, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 1,404% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Turkey (X tons) was the main destination for denatured ethyl alcohol exports from Iran, accounting for a 99% share of total exports. It was followed by the United Arab Emirates (X tons), with a 0.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey amounted to -10.0%.

In value terms, Turkey ($X) remains the key foreign market for denatured ethyl alcohol and other denatured spirits exports from Iran, comprising 100% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 0.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Turkey amounted to -9.9%.

Export Prices by Country

In 2021, the average denatured ethyl alcohol export price amounted to $X per ton, growing by 2.3% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 64% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per ton), while the average price for exports to the United Arab Emirates totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+0.2%).

Denatured Ethyl Alcohol Imports

Imports into Iran

In 2021, approx. X tons of denatured ethyl alcohol and other denatured spirits were imported into Iran; growing by 73% against the previous year's figure. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 532% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, denatured ethyl alcohol imports soared to $X in 2021. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 509% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, the United Arab Emirates (X tons) was the main supplier of denatured ethyl alcohol to Iran, with a 100% share of total imports. It was followed by Turkey (X kg), with a 0.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates amounted to +32.4%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of denatured ethyl alcohol and other denatured spirits to Iran, comprising 100% of total imports. The second position in the ranking was held by Turkey ($X), with a 0.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates stood at +37.7%.

Import Prices by Country

In 2021, the average denatured ethyl alcohol import price amounted to $X per ton, with an increase of 6.3% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, denatured ethyl alcohol import price increased by +76.8% against 2013 indices. The pace of growth appeared the most rapid in 2016 an increase of 35% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per ton), while the price for Turkey stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for denatured ethyl alcohol and other denatured spirits in the world?

The countries with the highest volumes of denatured ethyl alcohol consumption in 2020 were China, the United States and Japan, together comprising 29% of global consumption. These countries were followed by India, Russia, Pakistan, Brazil, Canada, the Netherlands, Indonesia, the UK, Mexico and Nigeria, which together accounted for a further 30%.

What are the largest producers of denatured ethyl alcohol and other denatured spirits in the world?

The countries with the highest volumes of denatured ethyl alcohol production in 2020 were the United States, China and Japan, with a combined 48% share of global production.

What are the leading suppliers of denatured ethyl alcohol and other denatured spirits to Iran?

In value terms, Bulgaria constituted the largest supplier of denatured ethyl alcohol to Iran.

What are the leading importers of denatured ethyl alcohol and other denatured spirits from Iran?

In value terms, Turkey remains the key foreign market for denatured ethyl alcohol exports from Iran.

What is the average export price for denatured ethyl alcohol and other denatured spirits in Iran?

The average denatured ethyl alcohol export price stood at $724 per ton in 2020, with an increase of 28% against the previous year.

What is the average import price for denatured ethyl alcohol and other denatured spirits in Iran?

In 2020, the average denatured ethyl alcohol import price amounted to $1,387 per ton, approximately equating the previous year.

This report provides an in-depth analysis of the denatured ethyl alcohol market in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20147500 - Denatured ethyl alcohol and other denatured spirits, of any strength

Country coverage:

Iran

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iran
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023