Iran: Melamine Market 2024

Melamine Market Size in Iran

The Iranian melamine market skyrocketed to $X in 2022, picking up by X% against the previous year. Overall, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Melamine consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Melamine Production in Iran

In value terms, melamine production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Melamine Exports

Exports from Iran

In 2022, melamine exports from Iran reduced remarkably to X tons, shrinking by X% against 2021 figures. Overall, exports showed a pronounced shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then contracted remarkably in the following year.

In value terms, melamine exports shrank sharply to $X in 2022. Over the period under review, exports, however, continue to indicate a measured expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then fell notably in the following year.

Exports by Country

Slovenia (X tons) was the main destination for melamine exports from Iran, accounting for a X% share of total exports. Moreover, melamine exports to Slovenia exceeded the volume sent to the second major destination, Turkey (X tons), threefold. The third position in this ranking was held by Spain (X tons), with a X% share.

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

In value terms, Slovenia ($X), Turkey ($X) and Spain ($X) appeared to be the largest markets for melamine exported from Iran worldwide, together accounting for X% of total exports. Romania, Pakistan, Belgium, Poland, Italy and India lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, 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 melamine export price amounted to $X per ton, which is down by X% against the previous year. Overall, the export price, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Pakistan ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Melamine Imports

Imports into Iran

In 2022, supplies from abroad of melamine was finally on the rise to reach X tons for the first time since 2016, thus ending a five-year declining trend. Over the period under review, imports, however, continue to indicate a precipitous decline. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, melamine imports surged to $X in 2022. In general, imports, however, saw a precipitous contraction. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest supplier of melamine to Iran, accounting for a X% share of total imports. Moreover, melamine imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, China (X kg), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Turkey (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of melamine to Iran, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average melamine import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, import price attained the peak level of $X per ton, and then reduced notably in the following year.

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

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

Source: IndexBox Platform

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