Iran: Market for Gypsum, Anhydrite And Limestone 2024

Market Size for Gypsum, Anhydrite And Limestone in Iran

The Iranian gypsum, anhydrite and limestone market amounted to $X in 2021, growing by 6.7% against the previous year. In general, consumption, however, showed a pronounced decrease. Gypsum, anhydrite and limestone consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Gypsum, Anhydrite And Limestone in Iran

In value terms, gypsum, anhydrite and limestone production expanded slightly to $X in 2021 estimated in export price. In general, production, however, showed a noticeable curtailment. The growth pace was the most rapid in 2019 when the production volume increased by 7% against the previous year. Gypsum, anhydrite and limestone production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Gypsum, Anhydrite And Limestone

Exports from Iran

Gypsum, anhydrite and limestone exports from Iran shrank to X tons in 2021, reducing by -12.2% against 2020. Overall, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 78%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, gypsum, anhydrite and limestone exports expanded remarkably to $X in 2021. In general, total exports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -33.5% against 2017 indices. The growth pace was the most rapid in 2016 when exports increased by 81% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons), India (X tons) and Kuwait (X tons) were the main destinations of gypsum, anhydrite and limestone exports from Iran, together accounting for 79% of total exports. China, Qatar, Bangladesh and Bahrain lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bangladesh (with a CAGR of +139.0%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), Kuwait ($X) and China ($X) appeared to be the largest markets for gypsum, anhydrite and limestone exported from Iran worldwide, with a combined 64% share of total exports.

In terms of the main countries of destination, China, with a CAGR of +74.1%, saw the highest growth rate of 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

In 2021, the average gypsum, anhydrite and limestone export price amounted to $X per ton, picking up by 25% against the previous year. Over the period under review, the export price, however, saw a deep contraction. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Bangladesh ($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 Qatar (-3.0%), while the prices for the other major destinations experienced a decline.

Imports of Gypsum, Anhydrite And Limestone

Imports into Iran

In 2021, overseas purchases of gypsum, anhydrite and limestone decreased by -97% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports recorded a deep contraction. The pace of growth was the most pronounced in 2015 when imports increased by 313%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, gypsum, anhydrite and limestone imports contracted rapidly to $X in 2021. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 194% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest gypsum, anhydrite and limestone supplier to Iran, with a 81% share of total imports. Moreover, gypsum, anhydrite and limestone imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Turkey (X tons), eightfold. The third position in this ranking was taken by India (X tons), with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to -16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+3.7% per year) and India (+4.2% per year).

In value terms, Germany ($X), the United Arab Emirates ($X) and Turkey ($X) constituted the largest gypsum, anhydrite and limestone suppliers to Iran, together comprising 90% of total imports. India lagged somewhat behind, comprising a further 6.2%.

Among the main suppliers, India, with a CAGR of +25.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average gypsum, anhydrite and limestone import price stood at $X per ton in 2021, increasing by 201% against the previous year. In general, the import price, however, showed a perceptible slump. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+20.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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