Report Update Nov 1, 2024

Iran - Plastic Parts for Lamps and Lighting Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Iran: Lamp Plastic Parts Market 2024

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

Frequently Asked Questions (FAQ) :

What are the largest markets for plastic parts for lamps and lighting fittings in the world?

The countries with the highest volumes of lamp plastic parts consumption in 2020 were China, the United States and Japan, together accounting for 58% of global consumption.

What are the largest producers of plastic parts for lamps and lighting fittings in the world?

The country with the largest volume of lamp plastic parts production was China, comprising approx. 51% of total volume. Moreover, lamp plastic parts production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Japan ranked third in terms of total production with a 5.6% share.

What are the leading suppliers of plastic parts for lamps and lighting fittings to Iran?

In value terms, China constituted the largest supplier of lamp plastic parts to Iran, comprising 92% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 5.8% share of total imports.

What are the leading importers of plastic parts for lamps and lighting fittings from Iran?

In value terms, France remains the key foreign market for lamp plastic parts exports from Iran, comprising 70% of total exports. The second position in the ranking was occupied by Armenia $931), with a 12% share of total exports. It was followed by Azerbaijan, with a 4.7% share.

What is the average export price for plastic parts for lamps and lighting fittings in Iran?

In 2020, the average lamp plastic parts export price amounted to $3,412 per ton, remaining stable against the previous year.

What is the average import price for plastic parts for lamps and lighting fittings in Iran?

The average lamp plastic parts import price stood at $7,938 per ton in 2020, reducing by -9.1% against the previous year.

This report provides an in-depth analysis of the lamp plastic parts market in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22292400 - Plastic parts for lamps, lighting fittings and illuminated signs and name-plates

Country coverage:

Iran

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iran
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023