Iran: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2025

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Iran

In 2021, the Iranian market for equipment for scaffolding, shuttering, propping or pit propping was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Scaffolding, shuttering, and propping equipment consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Iran

In value terms, scaffolding, shuttering, and propping equipment production rose slightly to $X in 2021 estimated in export price. In general, production, however, showed a noticeable descent. The pace of growth was the most pronounced in 2018 when the production volume increased by 17% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports from Iran

Scaffolding, shuttering, and propping equipment exports from Iran rose sharply to X tons in 2021, growing by 11% compared with 2020. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 698%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, scaffolding, shuttering, and propping equipment exports soared to $X in 2021. In general, exports showed buoyant growth. The pace of growth was the most pronounced in 2013 with an increase of 754% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Armenia (X tons), Azerbaijan (X tons) and Uzbekistan (X tons) were the main destinations of scaffolding, shuttering, and propping equipment exports from Iran, with a combined 83% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Azerbaijan (with a CAGR of +36.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Armenia ($X) remains the key foreign market for equipment for scaffolding, shuttering, propping or pit propping exports from Iran, comprising 63% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a 20% share of total exports. It was followed by Uzbekistan, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value to Armenia totaled +28.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+39.3% per year) and Uzbekistan (+77.1% per year).

Export Prices by Country

In 2021, the average export price for equipment for scaffolding, shuttering, propping or pit propping amounted to $X per ton, surging by 56% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced setback. The growth pace was the most rapid in 2017 when the average export price increased by 63%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Tajikistan ($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 Uzbekistan (+32.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports into Iran

In 2021, overseas purchases of equipment for scaffolding, shuttering, propping or pit propping increased by 61% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 226% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, scaffolding, shuttering, and propping equipment imports surged to $X in 2021. In general, imports, however, saw a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 274% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), the Czech Republic (X tons) and China (X tons) were the main suppliers of scaffolding, shuttering, and propping equipment imports to Iran, with a combined 48% share of total imports. Turkey, Bulgaria and the UK lagged somewhat behind, together accounting for a further 4.7%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +215.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and the UK ($X) were the largest scaffolding, shuttering, and propping equipment suppliers to Iran, together comprising 46% of total imports. These countries were followed by China, Turkey and Bulgaria, which together accounted for a further 7.1%.

Among the main suppliers, Bulgaria, with a CAGR of +91.9%, recorded the highest rates of growth with regard to 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 import price for equipment for scaffolding, shuttering, propping or pit propping stood at $X per ton in 2021, growing by 5.9% against the previous year. Over the period under review, the import price, however, showed a slight contraction. The most prominent rate of growth was recorded in 2013 an increase of 34%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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