Iran: Market for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in Iran

The Iranian market for non-plasticised mixed polyvinyl chloride in primary forms contracted to $X in 2022, reducing by -2.7% against the previous year. The market value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in Iran

In value terms, production of non-plasticised mixed polyvinyl chloride in primary forms shrank slightly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 26% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth failed to regain momentum.

Exports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Iran

In 2022, exports of non-plasticised mixed polyvinyl chloride in primary forms from Iran contracted to X tons, shrinking by -14.7% against the previous year. In general, exports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 3,688%. Over the period under review, the exports of attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of non-plasticised mixed polyvinyl chloride in primary forms declined rapidly to $X in 2022. Overall, exports faced a dramatic downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 3,424%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for exports of non-plasticised mixed polyvinyl chloride in primary forms from Iran, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to India amounted to -40.1%.

In value terms, India ($X) also remains the key foreign market for non-plasticised mixed polyvinyl chloride in primary forms exports from Iran.

From 2012 to 2022, the average annual growth rate of value to India totaled -38.0%.

Export Prices by Country

The average export price for non-plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, shrinking by -6.4% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for non-plasticised mixed polyvinyl chloride in primary forms increased by +66.2% against 2016 indices. The pace of growth appeared the most rapid in 2020 an increase of 21% against the previous year. The export price peaked at $X per ton in 2021, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +3.4% per year.

Imports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Iran

In 2022, purchases abroad of non-plasticised mixed polyvinyl chloride in primary forms increased by 222% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, continue to indicate a precipitous contraction. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of non-plasticised mixed polyvinyl chloride in primary forms surged to $X in 2022. In general, imports, however, continue to indicate a abrupt decline. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of imports of non-plasticised mixed polyvinyl chloride in primary forms to Iran, together accounting for 67% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +2.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-plasticised mixed polyvinyl chloride in primary forms suppliers to Iran were China ($X), Germany ($X) and Taiwan (Chinese) ($X), with a combined 60% share of total imports.

In terms of the main suppliers, China, with a CAGR of +8.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for non-plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, dropping by -23.6% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for non-plasticised mixed polyvinyl chloride in primary forms increased by +25.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 73% against the previous year. The import price peaked at $X per ton in 2021, and then shrank significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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