Iran: Pliers And Pincers Market 2025

Pliers And Pincers Market Size in Iran

In 2021, after two years of growth, there was significant decline in the Iranian pliers and pincers market, when its value decreased by -31.4% to $X. Overall, consumption saw a deep setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Pliers And Pincers Exports

Exports from Iran

In 2021, overseas shipments of pliers, pincers and tweezers for nonmedical use decreased by -17.6% to X tons, falling for the second year in a row after four years of growth. Over the period under review, exports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2016 with an increase of 686% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, pliers and pincers exports reduced markedly to $X in 2021. In general, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 614% against the previous year. The exports peaked at $X in 2020, and then shrank markedly in the following year.

Exports by Country

Turkey (X tons) was the main destination for pliers and pincers exports from Iran, with a 78% share of total exports. Moreover, pliers and pincers exports to Turkey exceeded the volume sent to the second major destination, Tajikistan (X kg), more than tenfold. The United Arab Emirates (X kg) ranked third in terms of total exports with a 4.5% share.

From 2012 to 2021, the average annual growth rate of volume to Turkey stood at +64.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (-12.5% per year) and the United Arab Emirates (+84.5% per year).

In value terms, Turkey ($X) emerged as the key foreign market for pliers, pincers and tweezers for nonmedical use exports from Iran, comprising 89% of total exports. The second position in the ranking was held by Finland ($X), with a 2.2% share of total exports. It was followed by Tajikistan, with a 2.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey stood at +26.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+7.8% per year) and Tajikistan (-7.1% per year).

Export Prices by Country

In 2021, the average pliers and pincers export price amounted to $X per ton, reducing by -47% against the previous year. Over the period under review, the export price, however, saw a measured expansion. The growth pace was the most rapid in 2020 when the average export price increased by 380%. As a result, the export price attained the peak level of $X per ton, and then shrank dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.

Pliers And Pincers Imports

Imports into Iran

In 2021, after two years of growth, there was significant decline in overseas purchases of pliers, pincers and tweezers for nonmedical use, when their volume decreased by -35.8% to X tons. Over the period under review, imports faced a deep contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 318% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, pliers and pincers imports contracted notably to $X in 2021. Overall, imports saw a deep reduction. The growth pace was the most rapid in 2019 with an increase of 289%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main pliers and pincers supplier to Iran, with a 97% share of total imports. It was followed by Turkey (X tons), with a 1.5% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+10.9% per year) and the United Arab Emirates (-61.1% per year).

In value terms, China ($X) constituted the largest supplier of pliers, pincers and tweezers for nonmedical use to Iran, comprising 93% of total imports. The second position in the ranking was held by Turkey ($X), with a 2.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled -8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+12.0% per year) and the United Arab Emirates (-65.1% per year).

Import Prices by Country

In 2021, the average pliers and pincers import price amounted to $X per ton, increasing by 12% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 an increase of 44%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, 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 China (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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