Iran: Ophthalmic Instruments Market 2024

Ophthalmic Instruments Market Size in Iran

The Iranian ophthalmic instruments market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption showed notable growth. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Ophthalmic Instruments Exports

Exports from Iran

In 2021, the amount of ophthalmic instruments and appliances exported from Iran reduced dramatically to X kg, waning by -56.3% against the previous year's figure. In general, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 1,863% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, ophthalmic instruments exports reduced notably to $X in 2021. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 555%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X kg), Switzerland (X kg) and Germany (X kg) were the main destinations of ophthalmic instruments exports from Iran, together accounting for 51% of total exports. These countries were followed by the Netherlands, the United Arab Emirates and Turkey, which together accounted for a further 13%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +36.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for ophthalmic instruments and appliances exports from Iran, comprising 35% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 5.6% share of total exports. It was followed by Turkey, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France totaled +9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-37.6% per year) and Turkey (-20.2% per year).

Export Prices by Country

In 2021, the average ophthalmic instruments export price amounted to $X per ton, growing by 94% against the previous year. Over the period under review, the export price, however, continues to indicate a deep contraction. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Turkey ($X per ton), while the average price for exports to Germany ($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 Turkey (+11.7%), while the prices for the other major destinations experienced mixed trend patterns.

Ophthalmic Instruments Imports

Imports into Iran

In 2021, after three years of decline, there was significant growth in overseas purchases of ophthalmic instruments and appliances, when their volume increased by 82% to X tons. Over the period under review, total imports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, ophthalmic instruments imports soared to $X in 2021. In general, imports recorded a buoyant increase. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X tons), Germany (X tons) and China (X tons) were the main suppliers of ophthalmic instruments imports to Iran, together accounting for 46% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +13.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Germany ($X) and the United States ($X) were the largest ophthalmic instruments suppliers to Iran, together comprising 57% of total imports.

The United Arab Emirates, with a CAGR of +29.9%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average ophthalmic instruments import price amounted to $X per ton, jumping by 22% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. 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, the country with the highest price was Switzerland ($X per ton), while the price for China ($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 (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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