Iran: Non-Hydraulic Press Market 2024

Non-Hydraulic Press Market Size in Iran

The Iranian non-hydraulic press market soared to $X in 2021, increasing by 17% against the previous year. In general, consumption, however, saw a noticeable shrinkage. Non-hydraulic press consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Non-Hydraulic Press Production in Iran

In value terms, non-hydraulic press production soared to $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2018 with an increase of 38% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Non-Hydraulic Press Exports

Exports from Iran

In 2021, the amount of non-hydraulic presses for working metal exported from Iran contracted rapidly to X units, waning by -91.3% compared with 2020 figures. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by 2,333%. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, non-hydraulic press exports shrank markedly to $X in 2021. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2015 when exports increased by 2,310% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Armenia (X units) was the main destination for non-hydraulic press exports from Iran, accounting for a 75% share of total exports. Moreover, non-hydraulic press exports to Armenia exceeded the volume sent to the second major destination, Azerbaijan (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Armenia was relatively modest.

In value terms, Armenia ($X) emerged as the key foreign market for non-hydraulic presses for working metal exports from Iran, comprising 72% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a 28% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Armenia amounted to +728.0%.

Export Prices by Country

The average non-hydraulic press export price stood at $X per unit in 2021, surging by 29% against the previous year. Over the period under review, the export price, however, saw a deep reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 125% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the 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 Azerbaijan ($X per unit), while the average price for exports to Armenia stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Hydraulic Press Imports

Imports into Iran

In 2021, after two years of decline, there was significant growth in overseas purchases of non-hydraulic presses for working metal, when their volume increased by 159% to X units. In general, imports, however, recorded a deep contraction. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, non-hydraulic press imports declined significantly to $X in 2021. Overall, imports, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2014 when imports increased by 111%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Turkey (X units), China (X units) and France (X units) were the main suppliers of non-hydraulic press imports to Iran, together accounting for 53% of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +55.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of non-hydraulic presses for working metal to Iran, comprising 63% of total imports. The second position in the ranking was taken by Turkey ($X), with a 7.6% share of total imports. It was followed by France, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +36.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+7.3% per year) and France (+55.8% per year).

Import Prices by Country

In 2021, the average non-hydraulic press import price amounted to $X per unit, waning by -72.8% against the previous year. In general, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 123% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2020, and then declined rapidly in the following year.

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 China ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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