Iran: Fuse And Detonator Market 2025

Fuse And Detonator Market Size in Iran

After seven years of growth, the Iranian fuse and detonator market decreased by -3.4% to $X in 2021. In general, consumption, however, posted buoyant growth. Fuse and detonator consumption peaked at $X in 2020, and then contracted modestly in the following year.

Fuse And Detonator Production in Iran

In value terms, fuse and detonator production shrank slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a resilient increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 28%. Fuse and detonator production peaked at $X in 2020, and then fell slightly in the following year.

Fuse And Detonator Exports

Exports from Iran

In 2019, overseas shipments of safety fuses, detonating fuses and electric detonators increased by 24% to X tons, rising for the second consecutive year after three years of decline. Overall, exports, however, recorded a sharp decline. The pace of growth appeared the most rapid in 2014 with an increase of 160% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2019, the growth of the exports remained at a lower figure.

In value terms, fuse and detonator exports surged to $X in 2019. In general, exports enjoyed a prominent increase. The growth pace was the most rapid in 2014 when exports increased by 160% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2019, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Tajikistan (X tons) was the main destination for fuse and detonator exports from Iran, accounting for a approx. 100% share of total exports.

From 2013 to 2019, the average annual rate of growth in terms of volume to Tajikistan amounted to +24.8%.

In value terms, Tajikistan ($X) also remains the key foreign market for safety fuses, detonating fuses and electric detonators exports from Iran.

From 2013 to 2019, the average annual growth rate of value to Tajikistan totaled +18.1%.

Export Prices by Country

In 2019, the average fuse and detonator export price amounted to $X per ton, shrinking by -6.1% against the previous year. Overall, the export price, however, recorded significant growth. The growth pace was the most rapid in 2016 when the average export price increased by 52%. The export price peaked at $X per ton in 2018, and then declined in the following year.

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

From 2013 to 2019, the rate of growth in terms of prices for Turkey amounted to +8.8% per year.

Fuse And Detonator Imports

Imports into Iran

In 2021, purchases abroad of safety fuses, detonating fuses and electric detonators increased by 18% to X tons, rising for the third consecutive year after four years of decline. Overall, imports, however, continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2019 with an increase of 644%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, fuse and detonator imports expanded modestly to $X in 2021. In general, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of 582% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) was the main fuse and detonator supplier to Iran, accounting for a 96% share of total imports. Moreover, fuse and detonator imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey totaled -19.5%.

In value terms, China ($X) constituted the largest supplier of safety fuses, detonating fuses and electric detonators to Iran, comprising 67% of total imports. The second position in the ranking was held by Turkey ($X), with a 29% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest.

Import Prices by Country

In 2021, the average fuse and detonator import price amounted to $X per ton, waning by -11.7% against the previous year. In general, the import price, however, posted a notable increase. The growth pace was the most rapid in 2018 when the average import price increased by 72% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Turkey stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+13.3%).

Source: IndexBox Platform

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