Iran: Horizontal Machining Centre Market 2025

Horizontal Machining Centre Market Size in Iran

In 2021, the Iranian horizontal machining centre market increased by 89% to $X, rising for the second year in a row after two years of decline. In general, consumption saw strong growth. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Horizontal Machining Centre Exports

Exports from Iran

In 2020, exports of horizontal machining centres for working metal from Iran soared to X units, increasing by 200% compared with the year before. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 300% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2020, the exports failed to regain momentum.

In value terms, horizontal machining centre exports surged to $X in 2020. Overall, exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2013 with an increase of 3,340% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2020, the growth of the exports remained at a 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 United Arab Emirates ($X) also remains the key foreign market for horizontal machining centres for working metal exports from Iran.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates totaled +9.0%.

Export Prices by Country

In 2021, the average horizontal machining centre export price amounted to $X per unit, with an increase of 3,853% against the previous year. Over the period under review, the export price showed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to +1,566.2% per year.

Horizontal Machining Centre Imports

Imports into Iran

In 2021, supplies from abroad of horizontal machining centres for working metal increased by 91% to X units, rising for the second year in a row after two years of decline. In general, imports enjoyed a modest expansion. The growth pace was the most rapid in 2014 with an increase of 363% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, horizontal machining centre imports surged to $X in 2021. Overall, imports showed a strong expansion. The growth pace was the most rapid in 2014 when imports increased by 337% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X units), Turkey (X units) and China (X units) were the main suppliers of horizontal machining centre imports to Iran, together comprising 43% of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +40.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the United Arab Emirates ($X) appeared to be the largest horizontal machining centre suppliers to Iran, together comprising 52% of total imports. These countries were followed by Turkey, Italy, Sweden, Poland, the Czech Republic, France, Denmark, Bulgaria, Austria and Russia, which together accounted for a further 17%.

Turkey, with a CAGR of +47.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average horizontal machining centre import price stood at $X per unit in 2021, waning by -10.5% against the previous year. In general, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 38% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2020, and then contracted in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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