Iran: Domestic Electro-Thermic Appliances Market 2024

Domestic Electro-Thermic Appliances Market Size in Iran

The Iranian domestic electro-thermic appliances market reduced to $X in 2022, falling by X% against the previous year. Overall, consumption saw a noticeable contraction. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Domestic Electro-Thermic Appliances Production in Iran

In value terms, domestic electro-thermic appliances production declined to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Domestic electro-thermic appliances production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Domestic Electro-Thermic Appliances Exports

Exports from Iran

In 2022, approx. X units of domestic electro-thermic appliances were exported from Iran; dropping by X% against the previous year's figure. Overall, total exports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, domestic electro-thermic appliances exports declined to $X in 2022. In general, exports, however, posted perceptible growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Iraq (X units), Tajikistan (X units) and Georgia (X units) were the main destinations of domestic electro-thermic appliances exports from Iran, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tajikistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X), Qatar ($X) and Azerbaijan ($X) were the largest markets for domestic electro-thermic appliances exported from Iran worldwide, with a combined X% share of total exports. Kazakhstan, Canada, Tajikistan, Germany, Georgia and Kyrgyzstan lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Tajikistan, with a CAGR of X%, recorded 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

In 2022, the average domestic electro-thermic appliances export price amounted to $X per unit, growing by X% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, domestic electro-thermic appliances export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Georgia ($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 Kyrgyzstan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Domestic Electro-Thermic Appliances Imports

Imports into Iran

Domestic electro-thermic appliances imports into Iran contracted rapidly to X units in 2022, declining by X% against the previous year's figure. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, domestic electro-thermic appliances imports contracted to $X in 2022. Overall, imports faced a abrupt descent. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of domestic electro-thermic appliances to Iran, accounting for a X% share of total imports. Moreover, domestic electro-thermic appliances imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of domestic electro-thermic appliances to Iran, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

Import Prices by Country

The average domestic electro-thermic appliances import price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable reduction. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform