Iran: Mobile Lifting Frame Market 2024

Mobile Lifting Frame Market Size in Iran

The Iranian mobile lifting frame market shrank slightly to $X in 2021, reducing by -1.8% against the previous year. In general, consumption, however, showed a pronounced decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Mobile Lifting Frame Production in Iran

In value terms, mobile lifting frame production dropped slightly to $X in 2021 estimated in export price. Overall, production, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 20% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Mobile Lifting Frame Exports

Exports from Iran

In 2021, the amount of mobile lifting frames on tyres and straddle carriers exported from Iran contracted notably to X units, reducing by -37% compared with 2020. Overall, exports recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 234% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, mobile lifting frame exports shrank rapidly to $X in 2021. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 647% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for mobile lifting frame exports from Iran, with a 88% share of total exports. Moreover, mobile lifting frame exports to the United Arab Emirates exceeded the volume sent to the second major destination, Turkey (X units), eightfold.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates stood at -31.9%.

In value terms, Turkey ($X) and the United Arab Emirates ($X) constituted the largest markets for mobile lifting frame exported from Iran worldwide.

The United Arab Emirates, with a CAGR of -26.5%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average mobile lifting frame export price stood at $X per unit in 2021, waning by -10.1% against the previous year. In general, the export price, however, showed a strong increase. The growth pace was the most rapid in 2020 an increase of 278% against the previous year. As a result, the export price attained the peak level of $X per unit, and then contracted in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to the United Arab Emirates amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+8.0%).

Mobile Lifting Frame Imports

Imports into Iran

In 2021, overseas purchases of mobile lifting frames on tyres and straddle carriers decreased by -26.8% to X units, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2018 when imports increased by 365%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, mobile lifting frame imports skyrocketed to $X in 2021. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 255% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X units) constituted the largest mobile lifting frame supplier to Iran, with a 59% share of total imports. Moreover, mobile lifting frame imports from India exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by Japan (X units), with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India amounted to +66.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.9% per year) and Japan (-10.5% per year).

In value terms, India ($X) constituted the largest supplier of mobile lifting frames on tyres and straddle carriers to Iran, comprising 74% of total imports. The second position in the ranking was held by China ($X), with an 11% share of total imports. It was followed by Japan, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India amounted to +57.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.4% per year) and Japan (-8.0% per year).

Import Prices by Country

The average mobile lifting frame import price stood at $X per unit in 2021, picking up by 63% against the previous year. In general, the import price recorded a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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