Iran: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Iran

The Iranian market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption, however, showed a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in Iran

In value terms, production of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid fell slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 33%. Production of peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports from Iran

In 2022, overseas shipments of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid decreased by -5.3% to X tons, falling for the fifth consecutive year after four years of growth. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 7,037% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid contracted to $X in 2022. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2016 when exports increased by 4,852% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Armenia (X tons) was the main destination for exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from Iran, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Armenia totaled +2.8%.

In value terms, Armenia ($X) emerged as the key foreign market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exports from Iran.

From 2012 to 2022, the average annual growth rate of value to Armenia amounted to -1.8%.

Export Prices by Country

In 2022, the average export price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid amounted to $X per ton, growing by 4.8% against the previous year. Over the period under review, the export price showed prominent growth. The pace of growth appeared the most rapid in 2013 an increase of 92%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Armenia.

From 2012 to 2022, the rate of growth in terms of prices for Azerbaijan amounted to +14.6% per year.

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports into Iran

In 2022, purchases abroad of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid was finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, recorded a precipitous decrease. The most prominent rate of growth was recorded in 2018 with an increase of 106%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid soared to $X in 2022. In general, imports, however, faced a precipitous decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 117%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid supplier to Iran, accounting for a 59% share of total imports. Moreover, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.9% per year) and Turkey (-29.9% per year).

In value terms, Germany ($X), China ($X) and Turkey ($X) were the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid suppliers to Iran, together accounting for 68% of total imports.

Among the main suppliers, Germany, with a CAGR of -8.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid stood at $X per ton in 2022, growing by 4.3% against the previous year. Overall, the import price, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2021 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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