Iran: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2024

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Iran

In 2021, after five years of growth, there was decline in the Iranian cement prefabricated structural components market, when its value decreased by -0.6% to $X. Overall, consumption recorded a perceptible downturn. The pace of growth appeared the most rapid in 2019 when the market value increased by 6.7%. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Iran

In value terms, cement prefabricated structural components production declined modestly to $X in 2021 estimated in export price. In general, production continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2019 when the production volume increased by 6.1%. Cement prefabricated structural components production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports from Iran

In 2021, approx. X tons of prefabricated structural components of cement, concrete or artificial stone were exported from Iran; growing by 20% on 2020. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 4,223% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, cement prefabricated structural components exports rose notably to $X in 2021. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2015 with an increase of 2,665% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Turkmenistan (X tons) was the main destination for cement prefabricated structural components exports from Iran, accounting for a 57% share of total exports. Moreover, cement prefabricated structural components exports to Turkmenistan exceeded the volume sent to the second major destination, Azerbaijan (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to Turkmenistan amounted to +93.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+234.3% per year) and Switzerland (0.0% per year).

In value terms, Turkmenistan ($X) remains the key foreign market for prefabricated structural components of cement, concrete or artificial stone exports from Iran, comprising 80% of total exports. The second position in the ranking was taken by Azerbaijan ($X), with a 10% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkmenistan stood at +66.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+196.7% per year) and Switzerland (0.0% per year).

Export Prices by Country

The average cement prefabricated structural components export price stood at $X per ton in 2021, falling by -6.6% against the previous year. In general, the export price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2019 an increase of 45%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Turkmenistan ($X per ton), while the average price for exports to Azerbaijan ($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 (-11.6%).

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports into Iran

In 2021, overseas purchases of prefabricated structural components of cement, concrete or artificial stone decreased by -66.5% to X tons, falling for the fourth year in a row after two years of growth. Overall, imports showed a precipitous setback. The growth pace was the most rapid in 2016 when imports increased by 507% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, cement prefabricated structural components imports dropped remarkably to $X in 2021. In general, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2016 with an increase of 751%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Greece (X tons) constituted the largest supplier of cement prefabricated structural components to Iran, accounting for a 86% share of total imports. Moreover, cement prefabricated structural components imports from Greece exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Greece totaled -21.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-45.7% per year) and Germany (-12.1% per year).

In value terms, Greece ($X) constituted the largest supplier of prefabricated structural components of cement, concrete or artificial stone to Iran, comprising 83% of total imports. The second position in the ranking was taken by Germany ($X), with a 2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Greece stood at -10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-13.1% per year) and Malaysia (-44.3% per year).

Import Prices by Country

In 2021, the average cement prefabricated structural components import price amounted to $X per ton, picking up by 11% against the previous year. Overall, the import price saw buoyant growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 59% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Greece ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+14.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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