Iran: Lamp Plastic Parts Market 2025

Lamp Plastic Parts Market Size in Iran

The Iranian lamp plastic parts market soared to $X in 2021, growing by 53% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Lamp Plastic Parts Exports

Exports from Iran

In 2021, shipments abroad of plastic parts for lamps and lighting fittings decreased by -9% to X tons, falling for the second year in a row after six years of growth. Overall, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by 562% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, lamp plastic parts exports surged to $X in 2021. Over the period under review, exports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2016 with an increase of 780%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X kg), the United Arab Emirates (X kg) and Armenia (X kg) were the main destinations of lamp plastic parts exports from Iran, together comprising 71% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +222.2%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) emerged as the key foreign market for plastic parts for lamps and lighting fittings exports from Iran, comprising 74% of total exports. The second position in the ranking was held by Armenia ($X), with a 10% share of total exports. It was followed by the United Arab Emirates, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada stood at +220.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (-11.3% per year) and the United Arab Emirates (-4.1% per year).

Export Prices by Country

In 2021, the average lamp plastic parts export price amounted to $X per ton, jumping by 134% against the previous year. Over the period under review, the export price, however, continues to indicate a slight slump. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Canada ($X per ton), while the average price for exports to Tajikistan ($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 Azerbaijan (+13.6%), while the prices for the other major destinations experienced mixed trend patterns.

Lamp Plastic Parts Imports

Imports into Iran

In 2021, lamp plastic parts imports into Iran soared to X tons, increasing by 37% against the year before. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of 58%. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, lamp plastic parts imports skyrocketed to $X in 2021. Over the period under review, imports posted a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main supplier of lamp plastic parts to Iran, accounting for a 95% share of total imports. Moreover, lamp plastic parts imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +7.1%.

In value terms, China ($X) constituted the largest supplier of plastic parts for lamps and lighting fittings to Iran, comprising 94% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 3.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +8.3%.

Import Prices by Country

The average lamp plastic parts import price stood at $X per ton in 2021, picking up by 24% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for the United Arab Emirates stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.2%).

Source: IndexBox Platform

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