Report Update Nov 1, 2024

Iran - Honing or Lapping Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Iran: Metal Honing Machine Market 2024

Metal Honing Machine Market Size in Iran

In 2021, the Iranian metal honing machine market increased by 172% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, saw a abrupt curtailment. Metal honing machine consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Metal Honing Machine Exports

Exports from Iran

In 2021, shipments abroad of honing or lapping machines for working metal was finally on the rise to reach X units after two years of decline. Overall, exports saw a remarkable increase. The growth pace was the most rapid in 2018 when exports increased by 10,400% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, metal honing machine exports skyrocketed to $X in 2021. In general, exports recorded significant growth. The growth pace was the most rapid in 2018 when exports increased by 6,595%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Armenia (X units) was the main destination for metal honing machine exports from Iran, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Armenia totaled +50.0%.

In value terms, Armenia ($X) also remains the key foreign market for honing or lapping machines for working metal exports from Iran.

From 2012 to 2021, the average annual growth rate of value to Armenia amounted to +516.8%.

Export Prices by Country

In 2021, the average metal honing machine export price amounted to $X per unit, jumping by 141% against the previous year. In general, the export price recorded a significant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 785%. The export price peaked in 2021 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Armenia.

From 2017 to 2021, the rate of growth in terms of prices for Armenia amounted to +311.2% per year.

Metal Honing Machine Imports

Imports into Iran

After three years of decline, supplies from abroad of honing or lapping machines for working metal increased by 135% to X units in 2021. Over the period under review, imports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2014 when imports increased by 748%. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, metal honing machine imports surged to $X in 2021. In general, imports, however, recorded a abrupt descent. The growth pace was the most rapid in 2014 with an increase of 326% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and Turkey (X units) were the main suppliers of metal honing machine imports to Iran, together accounting for 76% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +8.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of honing or lapping machines for working metal to Iran, comprising 64% of total imports. The second position in the ranking was held by Turkey ($X), with a 15% share of total imports. It was followed by Germany, with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+14.6% per year) and Germany (-12.2% per year).

Import Prices by Country

In 2021, the average metal honing machine import price amounted to $X per unit, picking up by 30% against the previous year. Over the period under review, the import price, however, showed a slight reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 171% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+20.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for honing or lapping machines for working metal in the world?

The United States constituted the country with the largest volume of metal honing machine consumption, accounting for 30% of total volume. Moreover, metal honing machine consumption in the United States exceeded the figures recorded by the second-largest consumer, Italy, threefold. The third position in this ranking was occupied by Japan, with an 8.3% share.

What are the largest producers of honing or lapping machines for working metal in the world?

The United States constituted the country with the largest volume of metal honing machine production, comprising approx. 41% of total volume. Moreover, metal honing machine production in the United States exceeded the figures recorded by the second-largest producer, Japan, threefold. The third position in this ranking was occupied by Taiwan Chinese), with a 12% share.

What are the leading suppliers of honing or lapping machines for working metal to Iran?

In value terms, the largest metal honing machine suppliers to Iran were China, Turkey and France, together comprising 61% of total imports.

What are the leading importers of honing or lapping machines for working metal from Iran?

In value terms, the largest markets for metal honing machine exported from Iran were Oman and Qatar.

What is the average export price for honing or lapping machines for working metal in Iran?

In 2021, the average metal honing machine export price amounted to $1,457 per unit, approximately mirroring the previous year.

What is the average import price for honing or lapping machines for working metal in Iran?

In 2021, the average metal honing machine import price amounted to $6,862 per unit, declining by -21.4% against the previous year.

This report provides an in-depth analysis of the metal honing machine 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 28412385 - Honing or lapping machines for working metal

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023