Iran: Linoleum Manufacturing Machine Market 2024

Linoleum Manufacturing Machine Market Size in Iran

The Iranian linoleum manufacturing machine market rose rapidly to $X in 2022, growing by 8.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed pronounced growth. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Linoleum Manufacturing Machine Exports

Exports from Iran

After ten years of growth, shipments abroad of machines used in the manufacture of linoleum or other floor coverings decreased by -52.6% to X units in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 190%. Over the period under review, the exports attained the maximum at X units in 2021, and then dropped markedly in the following year.

In value terms, linoleum manufacturing machine exports skyrocketed to $X in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 112%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X units) was the main destination for linoleum manufacturing machine exports from Iran, accounting for a 67% share of total exports. Moreover, linoleum manufacturing machine exports to Turkey exceeded the volume sent to the second major destination, Japan (X units), fourfold. Spain (X units) ranked third in terms of total exports with a 5.6% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey amounted to -17.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+17.0% per year) and Spain (0.0% per year).

In value terms, Turkey ($X) emerged as the key foreign market for machines used in the manufacture of linoleum or other floor coverings exports from Iran, comprising 77% of total exports. The second position in the ranking was held by Japan ($X), with a 19% share of total exports. It was followed by Azerbaijan, with a 1.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey amounted to +36.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+40.1% per year) and Azerbaijan (-24.4% per year).

Export Prices by Country

In 2022, the average linoleum manufacturing machine export price amounted to $X per unit, growing by 157% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+65.5%), while the prices for the other major destinations experienced more modest paces of growth.

Linoleum Manufacturing Machine Imports

Imports into Iran

Linoleum manufacturing machine imports into Iran totaled X units in 2022, with an increase of 4.7% against the previous year's figure. Over the period under review, imports saw resilient growth. The growth pace was the most rapid in 2017 with an increase of 150% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, linoleum manufacturing machine imports rose markedly to $X in 2022. Overall, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 114%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Turkey (X units) and Italy (X units) were the main suppliers of linoleum manufacturing machine imports to Iran, together comprising 95% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +47.2%), while imports for the other leaders experienced a decline.

In value terms, the largest linoleum manufacturing machine suppliers to Iran were China ($X), Turkey ($X) and Italy ($X), together comprising 92% of total imports.

In terms of the main suppliers, China, with a CAGR of +31.0%, saw the highest rates of growth with regard to 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 linoleum manufacturing machine import price stood at $X per unit in 2022, picking up by 7.4% against the previous year. Overall, the import price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 11%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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