Iran: Market for Plastic Baths, Shower-Baths, Sinks And Wash-Basins 2024

Market Size for Plastic Baths, Shower-Baths, Sinks And Wash-Basins in Iran

The Iranian plastic bath or sink market totaled $X in 2022, remaining constant against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Plastic Baths, Shower-Baths, Sinks And Wash-Basins in Iran

In value terms, plastic bath or sink production shrank to $X in 2022 estimated in export price. In general, production, however, showed a mild slump. The most prominent rate of growth was recorded in 2017 with an increase of 28%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Plastic Baths, Shower-Baths, Sinks And Wash-Basins

Exports from Iran

In 2022, shipments abroad of plastic baths, shower-baths, sinks and wash-basins increased by 3.9% to X units, rising for the second consecutive year after three years of decline. Overall, exports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2015 with an increase of 4,242% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, plastic bath or sink exports declined to $X in 2022. In general, exports, however, showed a drastic downturn. The growth pace was the most rapid in 2015 with an increase of 3,053% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Georgia (X units) was the main destination for plastic bath or sink exports from Iran, with a 61% share of total exports. Moreover, plastic bath or sink exports to Georgia exceeded the volume sent to the second major destination, Turkey (X units), fourfold. The UK (X units) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Georgia totaled -2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-2.4% per year) and the UK (0.0% per year).

In value terms, the largest markets for plastic bath or sink exported from Iran were Georgia ($X), Turkey ($X) and Azerbaijan ($X), together accounting for 84% of total exports. These countries were followed by Armenia, Uzbekistan and the UK, which together accounted for a further 14%.

In terms of the main countries of destination, the UK, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average plastic bath or sink export price stood at $X per unit in 2022, with a decrease of -12.3% against the previous year. Over the period under review, the export price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2017 an increase of 38% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, 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 ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+44.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Baths, Shower-Baths, Sinks And Wash-Basins

Imports into Iran

In 2022, approx. X units of plastic baths, shower-baths, sinks and wash-basins were imported into Iran; which is down by -31.7% compared with the year before. Over the period under review, imports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 144% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, plastic bath or sink imports declined remarkably to $X in 2022. In general, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 156%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of plastic bath or sink to Iran, accounting for a 68% share of total imports. Moreover, plastic bath or sink imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-1.8% per year) and Georgia (+81.8% per year).

In value terms, China ($X) constituted the largest supplier of plastic baths, shower-baths, sinks and wash-basins to Iran, comprising 66% of total imports. The second position in the ranking was taken by Turkey ($X), with a 26% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled -12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-4.8% per year) and Georgia (+72.4% per year).

Import Prices by Country

The average plastic bath or sink import price stood at $X per unit in 2022, increasing by 1.8% against the previous year. Over the period under review, the import price, however, saw a slight decrease. The pace of growth was the most pronounced in 2013 when the average import price increased by 51%. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for Georgia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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