Iran: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in Iran

The Iranian graphite non-electrical articles market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption, however, recorded a abrupt setback. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Graphite Non-Electrical Articles Exports

Exports from Iran

In 2021, exports of non-electrical articles of graphite or other carbon from Iran skyrocketed to X kg, surging by 333% on 2020. In general, exports recorded significant growth. The growth pace was the most rapid in 2019 when exports increased by 829% against the previous year. As a result, the exports reached the peak of X kg. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, graphite non-electrical articles exports skyrocketed to $X in 2021. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 622% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Australia (X kg), Austria (X kg) and Oman (X kg) were the main destinations of graphite non-electrical articles exports from Iran, together comprising 84% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +71.1%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the key foreign market for graphite non-electrical articles exports from Iran, comprising 77% of total exports. The second position in the ranking was taken by Austria ($X), with an 11% share of total exports. It was followed by Malaysia, with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia totaled +40.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+60.0% per year) and Malaysia (0.0% per year).

Export Prices by Country

In 2021, the average graphite non-electrical articles export price amounted to $X per ton, declining by -18.5% against the previous year. In general, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2018 when the average export price increased by 128% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Australia ($X per ton), while the average price for exports to Oman ($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 Austria (+2.2%), while the prices for the other major destinations experienced a decline.

Graphite Non-Electrical Articles Imports

Imports into Iran

In 2021, supplies from abroad of non-electrical articles of graphite or other carbon was finally on the rise to reach X tons after three years of decline. In general, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 when imports increased by 278%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, graphite non-electrical articles imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2016 with an increase of 409%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest graphite non-electrical articles supplier to Iran, accounting for a 64% share of total imports. Moreover, graphite non-electrical articles imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), sixfold. The third position in this ranking was taken by Italy (X tons), with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+34.4% per year) and Italy (+15.3% per year).

In value terms, China ($X), Italy ($X) and the United Arab Emirates ($X) appeared to be the largest graphite non-electrical articles suppliers to Iran, with a combined 54% share of total imports.

Italy, with a CAGR of +17.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average graphite non-electrical articles import price amounted to $X per ton, reducing by -15.9% against the previous year. Over the period under review, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 47%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Taiwan (Chinese) ($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 (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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