Report Update Nov 1, 2024

Iran - Ride-On Compaction Equipment - Market Analysis, Forecast, Size, Trends and Insights

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Iran: Ride-On Compaction Equipment Market 2024

Ride-On Compaction Equipment Market Size in Iran

After two years of decline, the Iranian ride-on compaction equipment market increased by 137% to $X in 2022. Over the period under review, consumption, however, saw a abrupt shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Ride-On Compaction Equipment Exports

Exports from Iran

In 2022, approx. X units of ride-on compaction equipment were exported from Iran; with a decrease of -33.3% compared with the year before. In general, exports showed a deep setback. The growth pace was the most rapid in 2017 with an increase of 67% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, ride-on compaction equipment exports expanded slightly to $X in 2022. Overall, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2018 when exports increased by 88% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X units) and Venezuela (X units) were the main destinations of ride-on compaction equipment exports from Iran.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of -10.4%).

In value terms, Venezuela ($X) remains the key foreign market for ride-on compaction equipment exports from Iran, comprising 76% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Venezuela totaled -39.5%.

Export Prices by Country

The average ride-on compaction equipment export price stood at $X per unit in 2022, with an increase of 54% against the previous year. Over the period under review, the export price, however, showed a significant curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 88%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($X per unit), while the average price for exports to Kazakhstan totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (-0.6%), while the prices for the other major destinations experienced a decline.

Ride-On Compaction Equipment Imports

Imports into Iran

In 2022, purchases abroad of ride-on compaction equipment was finally on the rise to reach X units after two years of decline. Over the period under review, imports, however, saw a deep setback. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, ride-on compaction equipment imports surged to $X in 2022. In general, imports, however, continue to indicate a abrupt shrinkage. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X units), China (X units) and Oman (X units) were the main suppliers of ride-on compaction equipment imports to Iran, together accounting for 62% of total imports. India, Austria, Italy, Malaysia, Greece, Sri Lanka, Japan, Germany, South Korea and the UK lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of 0.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of ride-on compaction equipment to Iran, comprising 35% of total imports. The second position in the ranking was held by Greece ($X), with an 11% share of total imports. It was followed by Japan, with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+11.5% per year) and Japan (+19.0% per year).

Import Prices by Country

In 2022, the average ride-on compaction equipment import price amounted to $X per unit, increasing by 84% against the previous year. In general, the import price, however, showed a deep reduction. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ride-on compaction equipment in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, with a combined 77% share of global consumption.

What are the largest producers of ride-on compaction equipment in the world?

China remains the largest ride-on compaction equipment producing country worldwide, comprising approx. 66% of total volume. Moreover, ride-on compaction equipment production in China exceeded the figures recorded by the second-largest producer, the Czech Republic, more than tenfold. Germany ranked third in terms of total production with a 5.4% share.

What are the leading suppliers of ride-on compaction equipment to Iran?

In value terms, the largest ride-on compaction equipment suppliers to Iran were China, Germany and Greece, with a combined 81% share of total imports.

What are the leading importers of ride-on compaction equipment from Iran?

In value terms, Venezuela remains the key foreign market for ride-on compaction equipment exports from Iran.

What is the average export price for ride-on compaction equipment in Iran?

The average ride-on compaction equipment export price stood at $3,668 per unit in 2021, flattening at the previous year.

What is the average import price for ride-on compaction equipment in Iran?

The average ride-on compaction equipment import price stood at $61,644 per unit in 2021, increasing by 27% against the previous year.

This report provides an in-depth analysis of the ride-on compaction equipment 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 28922400 - Ride-on compaction equipment and the like

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