Report Update Nov 1, 2024

Iran - Endless Bands for Machinery, of Stainless Steel - Market Analysis, Forecast, Size, Trends and Insights

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Iran: Endless Machinery Band Market 2024

Endless Machinery Band Market Size in Iran

In 2021, after three years of growth, there was significant decline in the Iranian endless machinery band market, when its value decreased by -12.2% to $X. Over the period under review, consumption continues to indicate prominent growth. Over the period under review, the market hit record highs at $X in 2020, and then reduced in the following year.

Endless Machinery Band Production in Iran

In value terms, endless machinery band production shrank sharply to $X in 2021 estimated in export price. Overall, production, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by 47% against the previous year. As a result, production attained the peak level of $X, and then dropped markedly in the following year.

Endless Machinery Band Exports

Exports from Iran

In 2021, exports of endless bands for machinery, of stainless steel from Iran totaled X square meters, standing approx. at the year before. In general, exports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 11,401%. As a result, the exports attained the peak of X square meters. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, endless machinery band exports stood at $X in 2021. Over the period under review, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 10,140% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Turkey (X square meters) was the main destination for endless machinery band exports from Iran, accounting for a approx. 100% share of total exports.

From 2015 to 2021, the average annual rate of growth in terms of volume to Turkey was relatively modest.

From 2015 to 2021, the average annual growth rate of value to Turkey was relatively modest.

Export Prices by Country

In 2021, the average endless machinery band export price amounted to $X per square meter, approximately equating the previous year. In general, the export price posted a significant increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 11%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in years to come.

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

From 2015 to 2021, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.

Endless Machinery Band Imports

Imports into Iran

Endless machinery band imports into Iran surged to X square meters in 2021, picking up by 16% compared with the previous year. In general, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 224% against the previous year. Over the period under review, imports hit record highs at X square meters in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, endless machinery band imports expanded significantly to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 163%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

China (X square meters), Taiwan (Chinese) (X square meters) and India (X square meters) were the main suppliers of endless machinery band imports to Iran, together accounting for 94% of total imports. These countries were followed by the Netherlands, Turkey, South Korea and the United Arab Emirates, which together accounted for a further 4.1%.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +48.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and the Netherlands ($X) constituted the largest endless machinery band suppliers to Iran, together comprising 89% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +48.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average endless machinery band import price stood at $X per square meter in 2021, with a decrease of -8.5% against the previous year. Overall, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2013 when the average import price increased by 28%. As a result, import price reached the peak level of $X per square meter. From 2014 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, the country with the highest price was the Netherlands ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for endless bands for machinery, of stainless steel in the world?

The country with the largest volume of endless machinery band consumption was Romania, comprising approx. 50% of total volume. Moreover, endless machinery band consumption in Romania exceeded the figures recorded by the second-largest consumer, Germany, fourfold. France ranked third in terms of total consumption with a 6.5% share.

What are the largest producers of endless bands for machinery, of stainless steel in the world?

The country with the largest volume of endless machinery band production was Romania, comprising approx. 48% of total volume. Moreover, endless machinery band production in Romania exceeded the figures recorded by the second-largest producer, Germany, fourfold. The third position in this ranking was occupied by South Africa, with a 7.2% share.

What are the leading suppliers of endless bands for machinery, of stainless steel to Iran?

In value terms, China constituted the largest supplier of endless machinery band to Iran, comprising 38% of total imports. The second position in the ranking was occupied by the Netherlands, with an 11% share of total imports. It was followed by India, with a 5.6% share.

What is the average export price for endless bands for machinery, of stainless steel in Iran?

The average endless machinery band export price stood at $5 per square meter in 2021, waning by -34.9% against the previous year.

What is the average import price for endless bands for machinery, of stainless steel in Iran?

In 2021, the average endless machinery band import price amounted to $8.9 per square meter, waning by -37.8% against the previous year.

This report provides an in-depth analysis of the endless machinery band 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 25931313 - Endless bands for machinery, of stainless steel

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