Iran: Market for Rubber-to-Metal and Moulded Articles 2025

Market Size for Rubber-to-Metal and Moulded Articles in Iran

After three years of decline, the Iranian rubber-to-metal and moulded article market increased by 101% to $X in 2021. Over the period under review, consumption saw a slight expansion. Rubber-to-metal and moulded article consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Exports of Rubber-to-Metal and Moulded Articles

Exports from Iran

In 2021, after three years of decline, there was significant growth in overseas shipments of rubber-to-metal and moulded articles, when their volume increased by 46% to X tons. In general, exports, however, recorded a perceptible curtailment. The growth pace was the most rapid in 2016 with an increase of 159%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, rubber-to-metal and moulded article exports contracted sharply to $X in 2021. Over the period under review, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2016 with an increase of 137% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Azerbaijan (X tons) was the main destination for rubber-to-metal and moulded article exports from Iran, accounting for a 53% share of total exports. Moreover, rubber-to-metal and moulded article exports to Azerbaijan exceeded the volume sent to the second major destination, Armenia (X tons), sixfold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume to Azerbaijan amounted to +82.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (+32.4% per year) and the United Arab Emirates (-10.0% per year).

In value terms, Azerbaijan ($X), Poland ($X) and Armenia ($X) appeared to be the largest markets for rubber-to-metal and moulded article exported from Iran worldwide, together comprising 56% of total exports.

In terms of the main countries of destination, Poland, with a CAGR of +125.3%, saw the highest growth rate of 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

The average rubber-to-metal and moulded article export price stood at $X per ton in 2021, dropping by -56.7% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by 38% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped remarkably in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+20.3%), while the prices for the other major destinations experienced a decline.

Imports of Rubber-to-Metal and Moulded Articles

Imports into Iran

In 2021, supplies from abroad of rubber-to-metal and moulded articles was finally on the rise to reach X tons after three years of decline. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 420%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, rubber-to-metal and moulded article imports skyrocketed to $X in 2021. Overall, imports recorded a pronounced increase. The growth pace was the most rapid in 2017 when imports increased by 317% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of rubber-to-metal and moulded article to Iran, accounting for a 57% share of total imports. Moreover, rubber-to-metal and moulded article imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a 2.8% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+2.5% per year) and Italy (-20.7% per year).

In value terms, China ($X) constituted the largest supplier of rubber-to-metal and moulded articles to Iran, comprising 64% of total imports. The second position in the ranking was taken by Turkey ($X), with a 15% share of total imports. It was followed by Germany, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +21.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-0.1% per year) and Germany (-5.1% per year).

Import Prices by Country

In 2021, the average rubber-to-metal and moulded article import price amounted to $X per ton, increasing by 76% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached 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 France ($X per ton), while the price for Turkey ($X per ton) 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 (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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