Iran: Metal Flexible Tubing Market 2024

Metal Flexible Tubing Market Size in Iran

In 2022, the Iranian metal flexible tubing market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, recorded a noticeable reduction. Metal flexible tubing consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Metal Flexible Tubing Exports

Exports from Iran

In 2022, the amount of iron or steel flexible tubing exported from Iran soared to X tons, increasing by X% compared with the year before. Overall, exports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, metal flexible tubing exports surged to $X in 2022. In general, exports showed a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Iraq (X tons) was the main destination for metal flexible tubing exports from Iran, accounting for a X% share of total exports. Moreover, metal flexible tubing exports to Iraq exceeded the volume sent to the second major destination, Turkey (X kg), threefold. The third position in this ranking was taken by Afghanistan (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iraq stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Afghanistan (X% per year).

In value terms, the largest markets for metal flexible tubing exported from Iran were Iraq ($X), Turkey ($X) and the United Arab Emirates ($X), with a combined X% share of total exports.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average metal flexible tubing export price amounted to $X per ton, declining by X% against the previous year. In general, the export price, however, saw perceptible growth. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Flexible Tubing Imports

Imports into Iran

In 2022, supplies from abroad of iron or steel flexible tubing increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, metal flexible tubing imports expanded notably to $X in 2022. Overall, imports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest metal flexible tubing supplier to Iran, with a X% share of total imports. Moreover, metal flexible tubing imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. The third position in this ranking was held by Turkey (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

In value terms, the largest metal flexible tubing suppliers to Iran were China ($X), the United Arab Emirates ($X) and Spain ($X), together comprising X% of total imports. Turkey, India and Slovakia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Slovakia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average metal flexible tubing import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, 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 Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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