Report Update Nov 1, 2024

Iran - Prepared Explosives - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Iran: Explosives Market 2024

Explosives Market Size in Iran

In 2021, the Iranian explosives market was finally on the rise to reach $X after two years of decline. Overall, the total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -18.5% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Explosives Production in Iran

In value terms, explosives production rose slightly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -28.2% against 2018 indices. The growth pace was the most rapid in 2018 when the production volume increased by 52% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Explosives Exports

Exports from Iran

In 2021, shipments abroad of prepared explosives increased by 3.4% to X tons, rising for the third year in a row after six years of decline. In general, exports, however, continue to indicate a precipitous setback. The growth pace was the most rapid in 2019 with an increase of 860% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, explosives exports contracted to $X in 2021. Over the period under review, exports, however, saw a sharp slump. The pace of growth appeared the most rapid in 2019 with an increase of 402% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Armenia (X tons) was the main destination for explosives exports from Iran, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Armenia amounted to -25.5%.

In value terms, Armenia ($X) also remains the key foreign market for prepared explosives exports from Iran.

From 2012 to 2021, the average annual rate of growth in terms of value to Armenia amounted to -23.4%.

Export Prices by Country

In 2021, the average explosives export price amounted to $X per ton, with a decrease of -12.8% against the previous year. In general, the export price, however, posted tangible growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 70% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Armenia amounted to +2.8% per year.

Explosives Imports

Imports into Iran

For the ninth consecutive year, Iran recorded decline in supplies from abroad of prepared explosives, which decreased by -20% to X kg in 2021. In general, imports saw a significant contraction. The smallest decline of -20% was in 2019. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, explosives imports rose slightly to $X in 2021. Overall, imports saw a sharp setback. The pace of growth was the most pronounced in 2020 when imports increased by 4.5%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X kg) was the main explosives supplier to Iran, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey amounted to -44.3%.

In value terms, Turkey ($X) constituted the largest supplier of prepared explosives to Iran.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey amounted to -36.0%.

Import Prices by Country

The average explosives import price stood at $X per ton in 2021, rising by 31% against the previous year. Overall, the import price saw prominent growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 31% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to +14.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for prepared explosives in the world?

The countries with the highest volumes of explosives consumption in 2020 were China, Norway and the United States, together comprising 41% of global consumption.

What are the largest producers of prepared explosives in the world?

The countries with the highest volumes of explosives production in 2020 were China, Norway and the United States, together accounting for 42% of global production.

What are the leading suppliers of prepared explosives to Iran?

In value terms, Greece constituted the largest supplier of explosives to Iran.

What are the leading importers of prepared explosives from Iran?

In value terms, Greece remains the key foreign market for explosives exports from Iran, comprising 84% of total exports. The second position in the ranking was occupied by Serbia, with a 15% share of total exports.

What is the average export price for prepared explosives in Iran?

In 2020, the average explosives export price amounted to $2,000 per ton, standing approx. at the previous year.

What is the average import price for prepared explosives in Iran?

In 2020, the average explosives import price amounted to $1,047 per ton, reducing by -69.4% against the previous year.

This report provides an in-depth analysis of the explosives market in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20511150 - Prepared explosives (excluding propellant powders)

Country coverage:

Iran

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iran
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023