Iran - Glass Fibre Mats - Market Analysis, Forecast, Size, Trends and Insights
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Glass Fibre Mat Market Size in Iran
The Iranian glass fibre mat market fell to $X in 2022, which is down by -3.2% against the previous year. In general, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +3.5% against 2020 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.
Glass Fibre Mat Production in Iran
In value terms, glass fibre mat production fell modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.4% against 2020 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by 33%. Glass fibre mat production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.
Glass Fibre Mat Exports
Exports from Iran
In 2022, overseas shipments of glass fibre mats were finally on the rise to reach X tons after two years of decline. Overall, exports, however, continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2018 with an increase of 122%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.
In value terms, glass fibre mat exports skyrocketed to $X in 2022. In general, exports, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 211%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Exports by Country
Turkey (X tons), Iraq (X tons) and Kazakhstan (X tons) were the main destinations of glass fibre mat exports from Iran, together accounting for 86% of total exports.
From 2012 to 2022, the biggest increases were recorded for Iraq (with a CAGR of +26.0%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Turkey ($X), Iraq ($X) and Azerbaijan ($X) constituted the largest markets for glass fibre mat exported from Iran worldwide, together accounting for 93% of total exports.
Among the main countries of destination, Iraq, with a CAGR of +20.7%, saw 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
The average glass fibre mat export price stood at $X per ton in 2022, with an increase of 43% against the previous year. Overall, the export price enjoyed pronounced growth. The pace of growth was the most pronounced in 2017 an increase of 44%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+70.7%), while the prices for the other major destinations experienced mixed trend patterns.
Glass Fibre Mat Imports
Imports into Iran
In 2022, approx. X tons of glass fibre mats were imported into Iran; jumping by 280% compared with the previous year. Overall, imports, however, saw a abrupt setback. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.
In value terms, glass fibre mat imports soared to $X in 2022. In general, imports, however, faced a abrupt setback. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, the United Arab Emirates (X tons) constituted the largest glass fibre mat supplier to Iran, with a 67% share of total imports. Moreover, glass fibre mat imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by South Korea (X tons), with a 5.1% share.
From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates totaled -3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-19.0% per year) and South Korea (-23.1% per year).
In value terms, the United Arab Emirates ($X) constituted the largest supplier of glass fibre mats to Iran, comprising 50% of total imports. The second position in the ranking was taken by China ($X), with a 19% share of total imports. It was followed by South Korea, with a 6% share.
From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to -2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-18.8% per year) and South Korea (-21.6% per year).
Import Prices by Country
In 2022, the average glass fibre mat import price amounted to $X per ton, shrinking by -17.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 26%. The import price peaked at $X per ton in 2021, and then fell markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+39.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the glass fibre mat 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 23141162 - Glass fibre mats made of filaments
- Prodcom 23141217 - Glass fibre mats made of glass wool
- Prodcom 23141210 -
- Prodcom 23141220 -
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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