Iran: Assembled Parquet Panels Market 2024

Assembled Parquet Panels Market Size in Iran

In 2021, the Iranian assembled parquet panels market increased by 90% to $X, rising for the third consecutive year after four years of decline. Over the period under review, consumption, however, continues to indicate a noticeable contraction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Assembled Parquet Panels Exports

Exports from Iran

In 2021, overseas shipments of assembled parquet panels decreased by -23.7% to X kg, falling for the third year in a row after two years of growth. In general, exports showed a sharp decrease. The pace of growth appeared the most rapid in 2018 when exports increased by 1,510%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, assembled parquet panels exports dropped remarkably to $X in 2021. Overall, exports recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by 420% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Iraq (X kg) was the main destination for assembled parquet panels exports from Iran, accounting for a 96% share of total exports. Moreover, assembled parquet panels exports to Iraq exceeded the volume sent to the second major destination, Azerbaijan (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Iraq stood at -24.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (-45.6% per year) and Oman (-97.9% per year).

In value terms, Iraq ($X) remains the key foreign market for assembled parquet panels exports from Iran, comprising 99% of total exports. The second position in the ranking was taken by Azerbaijan ($X), with a 1.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Iraq stood at -23.9%.

Export Prices by Country

The average assembled parquet panels export price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Overall, the export price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2019 an increase of 215% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Iraq ($X per ton), while the average price for exports to Azerbaijan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+25.2%), while the prices for the other major destinations experienced mixed trend patterns.

Assembled Parquet Panels Imports

Imports into Iran

In 2021, overseas purchases of assembled parquet panels increased by 131% to X tons, rising for the second consecutive year after five years of decline. Over the period under review, imports, however, saw a deep reduction. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, assembled parquet panels imports skyrocketed to $X in 2021. Overall, imports, however, recorded a perceptible reduction. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest assembled parquet panels supplier to Iran, accounting for a 41% share of total imports. Moreover, assembled parquet panels imports from Turkey exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), threefold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+13.5% per year) and the United Arab Emirates (-14.6% per year).

In value terms, Turkey ($X) constituted the largest supplier of assembled parquet panels to Iran, comprising 46% of total imports. The second position in the ranking was taken by Austria ($X), with a 10% share of total imports. It was followed by Indonesia, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value from Turkey totaled -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+3.6% per year) and Indonesia (+12.1% per year).

Import Prices by Country

In 2021, the average assembled parquet panels import price amounted to $X per ton, waning by -21.9% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 an increase of 24% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined notably in the following year.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+16.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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