Iran: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Iran

The Iranian market for plastic plates, sheets, film, foil and strip was finally on the rise to reach $X in 2021, after three years of decline. In general, consumption continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2017 when the market value increased by 7.5% against the previous year. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Plastic Plates, Sheets, Film, Foil And Strip in Iran

In value terms, production of plastic plates, sheets, film, foil and strip expanded significantly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt slump. Production of peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from Iran

After two years of decline, shipments abroad of plastic plates, sheets, film, foil and strip increased by 70% to X tons in 2021. Overall, exports showed a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of 82% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, exports of plastic plates, sheets, film, foil and strip surged to $X in 2021. Over the period under review, exports posted a measured expansion. The most prominent rate of growth was recorded in 2015 with an increase of 115% against the previous year. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Turkey (X tons) was the main destination for exports of plastic plates, sheets, film, foil and strip from Iran, with a 54% share of total exports. Moreover, exports of plastic plates, sheets, film, foil and strip to Turkey exceeded the volume sent to the second major destination, Azerbaijan (X tons), threefold. The third position in this ranking was held by Tajikistan (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey amounted to +14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+14.1% per year) and Tajikistan (+231.0% per year).

In value terms, the largest markets for plastic plate, sheet, film, foil and strip exported from Iran were Turkey ($X), Azerbaijan ($X) and Armenia ($X), with a combined 78% share of total exports. Tajikistan, the United Arab Emirates, Kazakhstan and Russia lagged somewhat behind, together accounting for a further 6.6%.

Among the main countries of destination, Tajikistan, with a CAGR of +182.4%, recorded the highest growth rate of 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 export price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, shrinking by -13.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The growth pace was the most rapid in 2015 an increase of 18% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, 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 Russia ($X per ton), while the average price for exports to Tajikistan ($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 (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into Iran

In 2021, purchases abroad of plastic plates, sheets, film, foil and strip decreased by -6.2% to X tons, falling for the fourth year in a row after four years of growth. Over the period under review, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2014 when imports increased by 35% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, imports of plastic plates, sheets, film, foil and strip rose remarkably to $X in 2021. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of 42%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest plastic plate, sheet, film, foil and strip supplier to Iran, accounting for a 44% share of total imports. Moreover, imports of plastic plates, sheets, film, foil and strip from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was held by the United Arab Emirates (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+0.3% per year) and the United Arab Emirates (-2.3% per year).

In value terms, China ($X) constituted the largest supplier of plastic plates, sheets, film, foil and strip to Iran, comprising 41% of total imports. The second position in the ranking was taken by Turkey ($X), with an 18% share of total imports. It was followed by the United Arab Emirates, with a 9% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+1.0% per year) and the United Arab Emirates (-7.2% per year).

Import Prices by Country

In 2021, the average import price for plastic plates, sheets, film, foil and strip amounted to $X per ton, with an increase of 15% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 18%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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