Iran: Prepared Drier Market 2024

Prepared Drier Market Size in Iran

The Iranian prepared drier market shrank markedly to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a deep setback. Prepared drier consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Prepared Drier Exports

Exports from Iran

In 2022, shipments abroad of prepared driers increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, prepared drier exports shrank to $X in 2022. Over the period under review, exports posted a resilient increase. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X tons) was the main destination for prepared drier exports from Iran, accounting for a X% share of total exports. Moreover, prepared drier exports to Kazakhstan exceeded the volume sent to the second major destination, Georgia (X tons), fourfold. Turkey (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Turkey (X% per year).

In value terms, Turkey ($X), Kazakhstan ($X) and Georgia ($X) were the largest markets for prepared drier exported from Iran worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Turkey, with a CAGR of X%, 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

The average prepared drier export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Drier Imports

Imports into Iran

In 2022, imports of prepared driers into Iran declined rapidly to X tons, waning by X% compared with 2021 figures. Over the period under review, imports faced a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, prepared drier imports contracted remarkably to $X in 2022. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest prepared drier supplier to Iran, with a X% share of total imports. Moreover, prepared drier imports from Turkey exceeded the figures recorded by the second-largest supplier, India (X tons), sixfold. The third position in this ranking was taken by China (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and China (X% per year).

In value terms, the largest prepared drier suppliers to Iran were Turkey ($X), South Korea ($X) and India ($X), together accounting for X% of total imports.

Among the main suppliers, South Korea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average prepared drier import price amounted to $X per ton, waning by X% against the previous year. Overall, the import price, however, saw a noticeable expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then plummeted 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 South Korea ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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