Iran: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Iran

After two years of growth, the Iranian oxygen-function amino-compound market decreased by -1.8% to $X in 2021. The market value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020, and then reduced slightly in the following year.

Oxygen-Function Amino-Compound Production in Iran

In value terms, oxygen-function amino-compound production contracted slightly to $X in 2021 estimated in export price. Overall, production, however, showed slight growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 8.8%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Oxygen-Function Amino-Compound Exports

Exports from Iran

In 2021, approx. X tons of oxygen-function amino-compounds were exported from Iran; dropping by -10.3% compared with the previous year. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of 41%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, oxygen-function amino-compound exports reached $X in 2021. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons), Turkey (X tons) and India (X tons) were the main destinations of oxygen-function amino-compound exports from Iran, together comprising 79% of total exports. Syrian Arab Republic, Ukraine, Kuwait and the United Arab Emirates lagged somewhat behind, together comprising a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of +14.8%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), India ($X) and China ($X) appeared to be the largest markets for oxygen-function amino-compound exported from Iran worldwide, with a combined 82% share of total exports. Ukraine, the United Arab Emirates, Syrian Arab Republic and Kuwait lagged somewhat behind, together accounting for a further 12%.

Among the main countries of destination, Ukraine, with a CAGR of +14.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average oxygen-function amino-compound export price stood at $X per ton in 2021, growing by 13% against the previous year. In general, the export price, however, showed a pronounced descent. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Kuwait ($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 India (+0.2%), while the prices for the other major destinations experienced a decline.

Oxygen-Function Amino-Compound Imports

Imports into Iran

In 2021, approx. X tons of oxygen-function amino-compounds were imported into Iran; growing by 8.5% compared with the year before. Over the period under review, imports, however, continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2019 with an increase of 26% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, oxygen-function amino-compound imports expanded sharply to $X in 2021. The total import value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 33%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest oxygen-function amino-compound supplier to Iran, with a 47% share of total imports. Moreover, oxygen-function amino-compound imports from China exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), fourfold. The third position in this ranking was taken by India (X tons), with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+7.3% per year) and India (-16.0% per year).

In value terms, China ($X) constituted the largest supplier of oxygen-function amino-compounds to Iran, comprising 42% of total imports. The second position in the ranking was taken by India ($X), with a 20% share of total imports. It was followed by Slovakia, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+1.1% per year) and Slovakia (+14.2% per year).

Import Prices by Country

In 2021, the average oxygen-function amino-compound import price amounted to $X per ton, stabilizing at the previous year. Overall, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, oxygen-function amino-compound import price increased by +11.8% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of 24%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

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 India ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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