Iran: Hay-Making Machinery Market 2025

Hay-Making Machinery Market Size in Iran

The Iranian hay-making machinery market rose slightly to $X in 2021, growing by 3.4% against the previous year. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Hay-making machinery consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Hay-Making Machinery Production in Iran

In value terms, hay-making machinery production rose to $X in 2021 estimated in export price. Over the period under review, the total production indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -2.8% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 20%. Hay-making machinery production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Hay-Making Machinery Exports

Exports from Iran

In 2021, shipments abroad of hay-making machinery decreased by -66.7% to X units, falling for the third year in a row after two years of growth. Over the period under review, exports recorded a deep setback. The pace of growth appeared the most rapid in 2015 with an increase of 271%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, hay-making machinery exports declined sharply to $X in 2021. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 175% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

From 2012 to 2021, the average annual rate of growth in terms of volume to No country was relatively modest.

In value terms, the largest markets for hay-making machinery exported from Iran were Kazakhstan ($X), Tajikistan ($X) and Iraq ($X), with a combined 76% share of total exports. These countries were followed by Azerbaijan and Georgia, which together accounted for a further 22%.

In terms of the main countries of destination, Azerbaijan, with a CAGR of +1.2%, 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 a decline.

Export Prices by Country

In 2021, the average hay-making machinery export price amounted to $X per unit, declining by -15.4% against the previous year. Over the period under review, the export price, however, recorded a strong expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 144%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Tajikistan ($X per unit), while the average price for exports to Georgia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+24.2%), while the prices for the other major destinations experienced mixed trend patterns.

Hay-Making Machinery Imports

Imports into Iran

In 2021, supplies from abroad of hay-making machinery decreased by 0% to X units, falling for the fifth consecutive year after five years of growth. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 180% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, hay-making machinery imports soared to $X in 2021. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 174% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main hay-making machinery supplier to Iran, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -19.7%.

In value terms, China ($X) constituted the largest supplier of hay-making machinery to Iran, comprising 63% of total imports. The second position in the ranking was held by Germany ($X), with a 16% share of total imports. It was followed by the United Arab Emirates, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +28.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.0% per year) and the United Arab Emirates (+25.6% per year).

Import Prices by Country

In 2021, the average hay-making machinery import price amounted to $X per unit, surging by 65% against the previous year. Over the period under review, the import price recorded a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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