Iran: Plastic Packaging Market 2024

Plastic Packaging Market Size in Iran

In 2022, the Iranian plastic packaging market was finally on the rise to reach $X after four years of decline. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Plastic Packaging Production in Iran

In value terms, plastic packaging production stood at $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by X%. Plastic packaging production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Plastic Packaging Exports

Exports from Iran

After two years of growth, shipments abroad of plastic packaging decreased by X% to X tons in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, plastic packaging exports reduced to $X in 2022. Over the period under review, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Pakistan (X tons), Azerbaijan (X tons) and Iraq (X tons) were the main destinations of plastic packaging exports from Iran, with a combined X% share of total exports. Armenia, Kazakhstan, Afghanistan and Lebanon lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Lebanon (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X), Azerbaijan ($X) and Iraq ($X) constituted the largest markets for plastic packaging exported from Iran worldwide, with a combined X% share of total exports. Armenia, Afghanistan, Kazakhstan and Lebanon lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Lebanon, with a CAGR of X%, 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 more modest paces of growth.

Export Prices by Country

The average plastic packaging export price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the export price, however, saw a abrupt setback. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

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

Plastic Packaging Imports

Imports into Iran

In 2022, plastic packaging imports into Iran fell to X tons, which is down by X% compared with the previous year. In general, imports showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, plastic packaging imports contracted slightly to $X in 2022. Over the period under review, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X tons), the United Arab Emirates (X tons) and China (X tons) were the main suppliers of plastic packaging imports to Iran, with a combined X% share of total imports. Japan and Bulgaria lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic packaging suppliers to Iran were the United Arab Emirates ($X), Turkey ($X) and China ($X), with a combined X% share of total imports. Japan and Bulgaria lagged somewhat behind, together comprising a further X%.

Japan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average plastic packaging import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, continues to indicate a slight shrinkage. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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