Iran: Monitors And Projectors Market 2024

Monitors And Projectors Market Size in Iran

The Iranian monitors and projectors market shrank to $X in 2022, with a decrease of -5.1% 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 recorded a precipitous decrease. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Monitors And Projectors Exports

Exports from Iran

In 2022, after five years of decline, there was significant growth in overseas shipments of monitors and projectors, when their volume increased by 10% to X units. In general, exports, however, recorded a abrupt descent. The growth pace was the most rapid in 2014 when exports increased by 300%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, monitors and projectors exports shrank to $X in 2022. Over the period under review, exports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 168%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

South Korea (X units) was the main destination for monitors and projectors exports from Iran, with a 82% share of total exports. Moreover, monitors and projectors exports to South Korea exceeded the volume sent to the second major destination, Armenia (X units), ninefold.

From 2012 to 2022, the average annual growth rate of volume to South Korea amounted to +24.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (0.0% per year) and Kenya (0.0% per year).

In value terms, South Korea ($X) remains the key foreign market for monitors and projectors exports from Iran, comprising 100% of total exports. The second position in the ranking was taken by Kenya ($X), with a 0.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea amounted to +21.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (-6.7% per year) and Armenia (-22.0% per year).

Export Prices by Country

The average monitors and projectors export price stood at $X per unit in 2022, declining by -14.7% against the previous year. Overall, the export price saw a mild slump. The pace of growth appeared the most rapid in 2013 when the average export price increased by 130%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Armenia ($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 South Korea (-2.4%), while the prices for the other major destinations experienced a decline.

Monitors And Projectors Imports

Imports into Iran

In 2022, imports of monitors and projectors into Iran declined to X units, which is down by -4.6% compared with the previous year. Overall, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by 155% against the previous year. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, monitors and projectors imports fell to $X in 2022. Over the period under review, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 53% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest monitors and projectors supplier to Iran, accounting for a 42% share of total imports. Moreover, monitors and projectors imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), twofold. The third position in this ranking was held by the Netherlands (X units), with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-23.1% per year) and the Netherlands (+3.6% per year).

In value terms, South Korea ($X) constituted the largest supplier of monitors and projectors to Iran, comprising 40% of total imports. The second position in the ranking was held by China ($X), with an 18% share of total imports. It was followed by the United Arab Emirates, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from South Korea stood at -28.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-11.0% per year) and the United Arab Emirates (-36.5% per year).

Import Prices by Country

The average monitors and projectors import price stood at $X per unit in 2022, stabilizing at the previous year. In general, the import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2014 an increase of 5.8%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 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 Turkey ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-7.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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