Iran: Envelope Market 2024

Envelope Market Size in Iran

In 2021, the Iranian envelope market was finally on the rise to reach $X for the first time since 2015, thus ending a five-year declining trend. In general, consumption, however, showed a perceptible shrinkage. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Envelope Production in Iran

In value terms, envelope production reached $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2015 with an increase of 14% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Envelope Exports

Exports from Iran

For the third year in a row, Iran recorded growth in overseas shipments of envelopes, which increased by 5.2% to X tons in 2021. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 365%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, envelope exports declined to $X in 2021. Over the period under review, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2014 when exports increased by 166%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons), Canada (X tons) and Armenia (X tons) were the main destinations of envelope exports from Iran, together comprising 97% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +45.2%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), the United Arab Emirates ($X) and Azerbaijan ($X) appeared to be the largest markets for envelope exported from Iran worldwide, together accounting for 89% of total exports.

Among the main countries of destination, Azerbaijan, with a CAGR of +43.5%, 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 mixed trend patterns.

Export Prices by Country

In 2021, the average envelope export price amounted to $X per ton, reducing by -12.8% against the previous year. Overall, the export price showed a deep downturn. The growth pace was the most rapid in 2014 when the average export price increased by 79%. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, 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 Azerbaijan ($X per ton), while the average price for exports to Armenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+33.3%), while the prices for the other major destinations experienced mixed trend patterns.

Envelope Imports

Imports into Iran

In 2021, envelope imports into Iran contracted remarkably to X tons, with a decrease of -34.4% compared with 2020 figures. In general, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2013 when imports increased by 549% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, envelope imports shrank markedly to $X in 2021. Over the period under review, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2013 when imports increased by 614% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest envelope supplier to Iran, accounting for a 67% share of total imports. Moreover, envelope imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+15.3% per year) and Turkey (+8.4% per year).

In value terms, China ($X) constituted the largest supplier of envelopes to Iran, comprising 74% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 23% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+11.2% per year) and Turkey (+4.9% per year).

Import Prices by Country

In 2021, the average envelope import price amounted to $X per ton, reducing by -8.2% against the previous year. Over the period under review, the import price, however, saw a slight expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 111%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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