Report Update Nov 1, 2024

Iran - Drilling or Morticing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Iran: Wood Drilling Machine Market 2024

Wood Drilling Machine Market Size in Iran

In 2021, the Iranian wood drilling machine market decreased by -55.6% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption recorded a abrupt slump. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Wood Drilling Machine Exports

Exports from Iran

In 2020, shipments abroad of drilling or morticing machines decreased by 0% to X units, falling for the third consecutive year after four years of growth. In general, exports showed a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of 288%. As a result, the exports reached the peak of X units. From 2018 to 2020, the growth of the exports failed to regain momentum.

In value terms, wood drilling machine exports fell significantly to $X in 2020. Over the period under review, exports saw a sharp contraction. The growth pace was the most rapid in 2017 with an increase of 395% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2020, the growth of the exports failed to regain momentum.

Exports by Country

Armenia (X units) was the main destination for wood drilling machine exports from Iran, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Armenia was relatively modest.

In value terms, Armenia ($X) emerged as the key foreign market for drilling or morticing machines exports from Iran.

From 2012 to 2020, the average annual rate of growth in terms of value to Armenia amounted to -57.6%.

Export Prices by Country

In 2020, the average wood drilling machine export price amounted to $X per unit, shrinking by -55.7% against the previous year. Overall, the export price continues to indicate a precipitous setback. The growth pace was the most rapid in 2017 an increase of 25% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2020, the export prices failed to regain momentum.

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

From 2012 to 2020, the rate of growth in terms of prices for Georgia amounted to +55.4% per year.

Wood Drilling Machine Imports

Imports into Iran

After two years of growth, purchases abroad of drilling or morticing machines decreased by -49.2% to X units in 2021. In general, imports showed a abrupt curtailment. The growth pace was the most rapid in 2016 when imports increased by 146%. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, wood drilling machine imports fell remarkably to $X in 2021. Over the period under review, imports saw a deep downturn. The pace of growth was the most pronounced in 2019 with an increase of 227% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest wood drilling machine supplier to Iran, accounting for a 74% share of total imports. Moreover, wood drilling machine imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fourfold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-16.1% per year) and Taiwan (Chinese) (-19.4% per year).

In value terms, China ($X) constituted the largest supplier of drilling or morticing machines to Iran, comprising 64% of total imports. The second position in the ranking was taken by Turkey ($X), with a 22% share of total imports. It was followed by Taiwan (Chinese), with a 5% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-7.9% per year) and Taiwan (Chinese) (-14.6% per year).

Import Prices by Country

The average wood drilling machine import price stood at $X per unit in 2021, reducing by -18.1% against the previous year. Overall, the import price, however, continues to indicate a tangible increase. The growth pace was the most rapid in 2019 an increase of 70% against the previous year. The import price peaked at $X per unit in 2020, and then reduced rapidly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for drilling or morticing machines in the world?

South Africa remains the largest wood drilling machine consuming country worldwide, accounting for 45% of total volume. Moreover, wood drilling machine consumption in South Africa exceeded the figures recorded by the second-largest consumer, the United States, fourfold. Nigeria ranked third in terms of total consumption with an 8% share.

What are the largest producers of drilling or morticing machines in the world?

The country with the largest volume of wood drilling machine production was China, comprising approx. 39% of total volume. Moreover, wood drilling machine production in China exceeded the figures recorded by the second-largest producer, Hong Kong SAR, threefold. The third position in this ranking was occupied by India, with a 7.8% share.

What are the leading suppliers of drilling or morticing machines to Iran?

In value terms, China, Austria and Turkey were the largest wood drilling machine suppliers to Iran, with a combined 93% share of total imports.

What is the average export price for drilling or morticing machines in Iran?

In 2020, the average wood drilling machine export price amounted to $783 per unit, waning by -18.5% against the previous year.

What is the average import price for drilling or morticing machines in Iran?

In 2021, the average wood drilling machine import price amounted to $5,860 per unit, surging by 28% against the previous year.

This report provides an in-depth analysis of the wood drilling machine 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 28491267 - Drilling or morticing machines for working wood, cork, bone, h ard rubber, hard plastics or similar hard materials

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