Iran: Market for Ready-Mixed Concrete And Factory Made Mortars 2024

Market Size for Ready-Mixed Concrete And Factory Made Mortars in Iran

The Iranian market for ready-mixed concrete and factory made mortars was estimated at $X in 2022, approximately mirroring the previous year. Overall, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Ready-Mixed Concrete And Factory Made Mortars in Iran

In value terms, production of ready-mixed concrete and factory made mortars reached $X in 2022 estimated in export price. In general, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production of reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports from Iran

In 2022, overseas shipments of ready-mixed concrete and factory made mortars decreased by X% to X tons, falling for the second year in a row after four years of growth. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of ready-mixed concrete and factory made mortars soared to $X in 2022. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports of attained the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Oman (X tons), Qatar (X tons) and Iraq (X tons) were the main destinations of exports of ready-mixed concrete and factory made mortars from Iran, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iraq (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Oman ($X), Qatar ($X) and Iraq ($X) were the largest markets for ready-mixed concrete and factory made mortar exported from Iran worldwide, together accounting for X% of total exports.

Iraq, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for ready-mixed concrete and factory made mortars amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($X per ton), while the average price for exports to Iraq ($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 Afghanistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports into Iran

Imports of ready-mixed concrete and factory made mortars into Iran declined markedly to X tons in 2022, with a decrease of X% compared with 2021. Overall, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of ready-mixed concrete and factory made mortars dropped notably to $X in 2022. In general, imports showed a drastic downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X tons), Greece (X tons) and Italy (X tons) were the main suppliers of imports of ready-mixed concrete and factory made mortars to Iran, with a combined X% share of total imports. The Netherlands, India, the United Arab Emirates, Malaysia and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest ready-mixed concrete and factory made mortar suppliers to Iran were Greece ($X), Turkey ($X) and Italy ($X), together accounting for X% of total imports. India, the United Arab Emirates, Germany, Malaysia and the Netherlands lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for ready-mixed concrete and factory made mortars stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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