Iran: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in Iran

The Iranian market for rigid tubes, pipes and hoses, of other polymers was estimated at $X in 2022, stabilizing at the previous year. Overall, consumption, however, showed a noticeable descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in Iran

In value terms, production of rigid tubes, pipes and hoses, of other polymers shrank to $X in 2022 estimated in export price. In general, production, however, saw a mild curtailment. The pace of growth appeared the most rapid in 2019 when the production volume increased by 25%. Over the period under review, production of reached the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports from Iran

In 2022, overseas shipments of rigid tubes, pipes and hoses, of other polymers decreased by -43% to X tons for the first time since 2014, thus ending a seven-year rising trend. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 278%. As a result, the exports reached the peak of X tons, and then reduced sharply in the following year.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers fell dramatically to $X in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 245%. As a result, the exports reached the peak of $X, and then shrank remarkably in the following year.

Exports by Country

Armenia (X tons) was the main destination for exports of rigid tubes, pipes and hoses, of other polymers from Iran, with a 47% share of total exports. Moreover, exports of rigid tubes, pipes and hoses, of other polymers to Armenia exceeded the volume sent to the second major destination, Romania (X tons), threefold. The third position in this ranking was taken by Kyrgyzstan (X tons), with an 8.6% share.

From 2012 to 2022, the average annual growth rate of volume to Armenia totaled +107.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+231.4% per year) and Kyrgyzstan (+25.5% per year).

In value terms, the largest markets for rigid tubes, pipes and hoses, of other polymers exported from Iran were Armenia ($X), Romania ($X) and Kyrgyzstan ($X), together comprising 69% of total exports.

Romania, with a CAGR of +200.0%, recorded the highest rates of growth with regard to the value of exports, among 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 rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, increasing by 13% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 35%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 Romania ($X per ton), while the average price for exports to Kazakhstan ($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 Qatar (+8.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports into Iran

In 2022, imports of rigid tubes, pipes and hoses, of other polymers into Iran dropped dramatically to X tons, declining by -53.9% on the previous year. Over the period under review, imports saw a dramatic decrease. The pace of growth was the most pronounced in 2019 with an increase of 76% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers reduced modestly to $X in 2022. Overall, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2019 when imports increased by 31% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X tons), China (X tons) and Italy (X tons) were the main suppliers of imports of rigid tubes, pipes and hoses, of other polymers to Iran, together accounting for 87% of total imports. India and Germany lagged somewhat behind, together accounting for a further 3.8%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +14.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Turkey ($X), China ($X) and Italy ($X) constituted the largest rigid tubes, pipes and hoses, of other polymers suppliers to Iran, together accounting for 77% of total imports. Germany and India lagged somewhat behind, together accounting for a further 7%.

Among the main suppliers, India, with a CAGR of +8.6%, 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 a decline.

Import Prices by Country

In 2022, the average import price for rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, increasing by 109% against the previous year. Overall, the import price showed a tangible increase. The import price peaked at $X per ton in 2014; however, from 2015 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 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 Turkey (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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