Report Update Nov 1, 2024

Iran - O-Xylene - Market Analysis, Forecast, Size, Trends and Insights

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Iran: O-Xylene Market 2024

O-Xylene Market Size in Iran

The Iranian o-xylene market reduced to $X in 2022, declining by -7.9% against the previous year. Overall, consumption showed a mild setback. O-xylene consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

O-Xylene Production in Iran

In value terms, o-xylene production contracted to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

O-Xylene Exports

Exports from Iran

After six years of decline, shipments abroad of o-xylene increased by 114% to X tons in 2022. Overall, exports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2015 when exports increased by 341%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, o-xylene exports surged to $X in 2022. Over the period under review, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2015 when exports increased by 172%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for o-xylene exports from Iran, accounting for a 80% share of total exports. Moreover, o-xylene exports to China exceeded the volume sent to the second major destination, India (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled -3.0%.

In value terms, China ($X) remains the key foreign market for o-xylene exports from Iran, comprising 72% of total exports. The second position in the ranking was held by India ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China totaled -11.5%.

Export Prices by Country

In 2022, the average o-xylene export price amounted to $X per ton, declining by -28.9% against the previous year. Overall, the export price saw a abrupt slump. The growth pace was the most rapid in 2021 when the average export price increased by 23%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-5.5%), while the prices for the other major destinations experienced a decline.

O-Xylene Imports

Imports into Iran

In 2022, after two years of growth, there was decline in supplies from abroad of o-xylene, when their volume decreased by -5% to X tons. In general, imports, however, showed a measured expansion. The most prominent rate of growth was recorded in 2018 with an increase of 111%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, o-xylene imports reduced dramatically to $X in 2022. Over the period under review, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of 119%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of o-xylene to Iran, with a 86% share of total imports. Moreover, o-xylene imports from India exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume from India stood at +2.4%.

In value terms, India ($X) constituted the largest supplier of o-xylene to Iran, comprising 84% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to +15.8%.

Import Prices by Country

In 2022, the average o-xylene import price amounted to $X per ton, falling by -12.5% against the previous year. Over the period under review, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 80%. The import price peaked at $X per ton in 2021, and then reduced in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for India stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for o-xylene in the world?

The countries with the highest volumes of in 2021 were the UK, China and Singapore, together comprising 33% of global consumption. These countries were followed by Germany, Italy, the United States, Russia, Belgium, South Korea, India, Iran, the Netherlands and Indonesia, which together accounted for a further 45%.

What are the largest producers of o-xylene in the world?

The countries with the highest volumes of in 2021 were India, Singapore and the UK, together accounting for 45% of global production.

What are the leading suppliers of o-xylene to Iran?

In value terms, India and Germany appeared to be the largest o-xylene suppliers to Iran.

What are the leading importers of o-xylene from Iran?

In value terms, China remains the key foreign market for o-xylene exports from Iran, comprising 81% of total exports. The second position in the ranking was occupied by India, with a 19% share of total exports.

What is the average export price for o-xylene in Iran?

In 2021, the average o-xylene export price amounted to $762 per ton, growing by 2% against the previous year.

What is the average import price for o-xylene in Iran?

The average o-xylene import price stood at $753 per ton in 2021, reducing by -7.5% against the previous year.

This report provides an in-depth analysis of the o-xylene market in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20141243 - o-Xylene

Country coverage:

Iran

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iran
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023