Iran: Non-Cellular Polyethylene Film Market 2024

Non-Cellular Polyethylene Film Market Size in Iran

In 2021, the Iranian non-cellular polyethylene film market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, showed a perceptible setback. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Non-Cellular Polyethylene Film Production in Iran

In value terms, non-cellular polyethylene film production rose remarkably to $X in 2021 estimated in export price. In general, production, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 25% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Non-Cellular Polyethylene Film Exports

Exports from Iran

In 2021, approx. X tons of non-cellular polyethylene films, sheets, foil and strip were exported from Iran; rising by 117% against the previous year's figure. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-cellular polyethylene film exports skyrocketed to $X in 2021. Overall, exports saw a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by 84% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

Exports by Country

Turkey (X tons) was the main destination for non-cellular polyethylene film exports from Iran, accounting for a 57% share of total exports. Moreover, non-cellular polyethylene film exports to Turkey exceeded the volume sent to the second major destination, Tajikistan (X tons), fourfold. Azerbaijan (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey amounted to +38.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+229.2% per year) and Azerbaijan (+49.2% per year).

In value terms, Turkey ($X), Azerbaijan ($X) and Armenia ($X) were the largest markets for non-cellular polyethylene film exported from Iran worldwide, with a combined 80% share of total exports. These countries were followed by Tajikistan and the United Arab Emirates, which together accounted for a further 10%.

Among the main countries of destination, Tajikistan, with a CAGR of +169.2%, saw 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

In 2021, the average non-cellular polyethylene film export price amounted to $X per ton, which is down by -25.3% against the previous year. In general, the export price showed a deep reduction. The growth pace was the most rapid in 2017 an increase of 26%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Tajikistan ($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 (+13.4%), while the prices for the other major destinations experienced a decline.

Non-Cellular Polyethylene Film Imports

Imports into Iran

In 2021, supplies from abroad of non-cellular polyethylene films, sheets, foil and strip decreased by -13.6% to X tons, falling for the fourth consecutive year after six years of growth. Over the period under review, imports recorded a noticeable descent. The growth pace was the most rapid in 2016 with an increase of 40%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, non-cellular polyethylene film imports stood at $X in 2021. In general, imports recorded a slight setback. The pace of growth was the most pronounced in 2014 with an increase of 43% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), China (X tons) and the United Arab Emirates (X tons) were the main suppliers of non-cellular polyethylene film imports to Iran, together accounting for 79% of total imports. Italy, Belgium and Germany lagged somewhat behind, together accounting for a further 8.6%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +57.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-cellular polyethylene film suppliers to Iran were Turkey ($X), China ($X) and the United Arab Emirates ($X), with a combined 80% share of total imports. Italy, Belgium and Germany lagged somewhat behind, together comprising a further 8%.

In terms of the main suppliers, Belgium, with a CAGR of +50.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average non-cellular polyethylene film import price amounted to $X per ton, jumping by 26% against the previous year. Overall, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 35%. The import price peaked in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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