Iran: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in Iran

The Iranian multiple-walled insulating glass unit market expanded modestly to $X in 2021, increasing by 2.3% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Multiple-walled insulating glass unit consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Multiple-Walled Insulating Units Of Glass in Iran

In value terms, multiple-walled insulating glass unit production expanded slightly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 22% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Multiple-Walled Insulating Units Of Glass

Exports from Iran

In 2021, the amount of multiple-walled insulating units of glass exported from Iran soared to X square meters, with an increase of 1,605% on the year before. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, multiple-walled insulating glass unit exports soared to $X in 2021. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X square meters) was the main destination for multiple-walled insulating glass unit exports from Iran, with a 100% share of total exports. It was followed by Azerbaijan (X square meters), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey amounted to +262.7%.

In value terms, Turkey ($X) remains the key foreign market for multiple-walled insulating units of glass exports from Iran, comprising 99% of total exports. The second position in the ranking was taken by Azerbaijan ($X), with a 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Turkey amounted to +157.9%.

Export Prices by Country

The average multiple-walled insulating glass unit export price stood at $X per square meter in 2021, jumping by 17% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, multiple-walled insulating glass unit export price decreased by -23.5% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 101% against the previous year. Over the period under review, the average export prices attained the maximum at $X per square meter in 2019; however, from 2020 to 2021, 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 Azerbaijan ($X per square meter), while the average price for exports to Turkey amounted to $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+62.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Multiple-Walled Insulating Units Of Glass

Imports into Iran

In 2021, purchases abroad of multiple-walled insulating units of glass decreased by -86.7% to X square meters, falling for the fourth year in a row after three years of growth. Over the period under review, imports showed a sharp shrinkage. The growth pace was the most rapid in 2015 with an increase of 350%. Over the period under review, imports attained the maximum at X square meters in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, multiple-walled insulating glass unit imports contracted dramatically to $X in 2021. In general, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by 357% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Italy (X square meters) constituted the largest supplier of multiple-walled insulating glass unit to Iran, accounting for a 50% share of total imports. It was followed by Turkey (X square meters), with a 0.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to -21.4%.

In value terms, Italy ($X) constituted the largest supplier of multiple-walled insulating units of glass to Iran, comprising 50% of total imports. The second position in the ranking was held by Turkey ($X), with a 0.4% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy stood at -17.4%.

Import Prices by Country

The average multiple-walled insulating glass unit import price stood at $X per square meter in 2021, flattening at the previous year. Overall, the import price showed a buoyant expansion. The pace of growth was the most pronounced in 2019 an increase of 90%. As a result, import price attained the peak level of $X per square meter. From 2020 to 2021, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per square meter), while the price for Italy totaled $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+35.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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