Iran: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in Iran

The Iranian plastic household ware market expanded rapidly to $X in 2021, with an increase of 13% against the previous year. In general, consumption recorded a relatively flat trend pattern. Plastic household ware consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Plastic Household Ware Production in Iran

In value terms, plastic household ware production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 23%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Plastic Household Ware Exports

Exports from Iran

Plastic household ware exports from Iran skyrocketed to X tons in 2021, rising by 54% compared with the previous year's figure. In general, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of 88% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, plastic household ware exports surged to $X in 2021. Overall, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 73%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

The United Arab Emirates (X tons), Azerbaijan (X tons) and Tajikistan (X tons) were the main destinations of plastic household ware exports from Iran, together accounting for 54% of total exports. Turkey, Armenia, Oman, Romania and Georgia lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of +45.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic household ware exported from Iran were the United Arab Emirates ($X), Azerbaijan ($X) and Armenia ($X), with a combined 55% share of total exports. These countries were followed by Turkey, Romania, Oman, Tajikistan and Georgia, which together accounted for a further 21%.

Oman, with a CAGR of +34.8%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic household ware export price stood at $X per ton in 2021, falling by -5.3% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 29%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Armenia ($X per ton), while the average price for exports to Tajikistan ($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 (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Ware Imports

Imports into Iran

Plastic household ware imports into Iran skyrocketed to X tons in 2021, growing by 63% against the previous year's figure. Over the period under review, imports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2013 when imports increased by 78% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, plastic household ware imports skyrocketed to $X in 2021. In general, imports, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2013 when imports increased by 197% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of plastic household ware to Iran, with a 81% share of total imports. Moreover, plastic household ware imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sixfold. The third position in this ranking was held by the United Arab Emirates (X tons), with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+4.5% per year) and the United Arab Emirates (-34.3% per year).

In value terms, China ($X) constituted the largest supplier of plastics household articles and toilet articles to Iran, comprising 79% of total imports. The second position in the ranking was held by Turkey ($X), with a 17% share of total imports. It was followed by the United Arab Emirates, with a 1.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+1.0% per year) and the United Arab Emirates (-32.6% per year).

Import Prices by Country

In 2021, the average plastic household ware import price amounted to $X per ton, which is down by -9.9% against the previous year. Overall, the import price, however, saw perceptible growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 96%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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