
Iran - Hot-Rolled Bars of High Speed Steel - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingIran: Market for Hot-Rolled Bars Of High Speed Steel 2025
Market Size for Hot-Rolled Bars Of High Speed Steel in Iran
The Iranian market for hot-rolled bars of high speed steel contracted to $X in 2022, with a decrease of -3.2% against the previous year. Over the period under review, consumption saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the market value increased by 6.8% against the previous year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.
Production of Hot-Rolled Bars Of High Speed Steel in Iran
In value terms, hot-rolled high speed steel bar production declined to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt contraction. The pace of growth appeared the most rapid in 2016 when the production volume increased by 9.6% against the previous year. Hot-rolled high speed steel bar production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.
Exports of Hot-Rolled Bars Of High Speed Steel
Exports from Iran
In 2016, approx. X tons of hot-rolled bars of high speed steel were exported from Iran; remaining constant against the year before. In general, exports faced a significant decline. The smallest decline of 99.9% was in 2015. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2016, the exports failed to regain momentum.
In value terms, hot-rolled high speed steel bar exports amounted to $X in 2016. Over the period under review, exports showed a significant decrease. The smallest decline of 99.9% was in 2015. The exports peaked at $X in 2014; however, from 2015 to 2016, the exports remained at a lower figure.
Exports by Country
Azerbaijan (X tons) was the main destination for hot-rolled high speed steel bar exports from Iran, accounting for a approx. 100% share of total exports.
From 2014 to 2016, the average annual rate of growth in terms of volume to Azerbaijan was relatively modest.
From 2014 to 2016, the average annual growth rate of value to Azerbaijan was relatively modest.
Export Prices by Country
The average export price for hot-rolled bars of high speed steel stood at $X per ton in 2016, approximately mirroring the previous year. Over the period under review, the export price faced a deep reduction. The growth pace was the most rapid in 2015 when the average export price decreased by 99.9%. The export price peaked at $X per ton in 2014; however, from 2015 to 2016, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Azerbaijan.
From 2014 to 2016, the rate of growth in terms of prices for Bahrain amounted to 0.0% per year.
Imports of Hot-Rolled Bars Of High Speed Steel
Imports into Iran
In 2022, after three years of growth, there was significant decline in overseas purchases of hot-rolled bars of high speed steel, when their volume decreased by -28.1% to X tons. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of 325% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.
In value terms, hot-rolled high speed steel bar imports reduced dramatically to $X in 2022. Overall, imports saw a deep contraction. The pace of growth was the most pronounced in 2014 when imports increased by 404%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, Italy (X tons) constituted the largest hot-rolled high speed steel bar supplier to Iran, with a 67% share of total imports. Moreover, hot-rolled high speed steel bar imports from Italy exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fivefold. The third position in this ranking was held by China (X tons), with a 12% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-6.0% per year) and China (-11.1% per year).
In value terms, Italy ($X) constituted the largest supplier of hot-rolled bars of high speed steel to Iran, comprising 72% of total imports. The second position in the ranking was taken by China ($X), with a 9.4% share of total imports. It was followed by Turkey, with an 8.4% share.
From 2012 to 2022, the average annual growth rate of value from Italy stood at +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.9% per year) and Turkey (-10.6% per year).
Import Prices by Country
The average import price for hot-rolled bars of high speed steel stood at $X per ton in 2022, picking up by 3% against the previous year. Over the period under review, the import price posted a pronounced increase. The most prominent rate of growth was recorded in 2016 an increase of 62%. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+46.6%), 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 market for hot-rolled high speed steel bar 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 24106610 - Hot-rolled bars of high speed steel
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
Recommended reports
This report provides an in-depth analysis of the market for hot-rolled high speed steel bar in Asia.
This report provides an in-depth analysis of the market for hot-rolled high speed steel bar in the U.S..
This report provides an in-depth analysis of the market for hot-rolled high speed steel bar in China.
This report provides an in-depth analysis of the market for hot-rolled high speed steel bar in the EU.
This report provides an in-depth analysis of the global market for hot-rolled high speed steel bar.