Iran: Market for Saturated Acyclic Monocarboxylic Acids 2025

Market Size for Saturated Acyclic Monocarboxylic Acids in Iran

The Iranian saturated acyclic monocarboxylic acids market was finally on the rise to reach $X in 2022, after four years of decline. Overall, consumption, however, continues to indicate a noticeable reduction. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Saturated Acyclic Monocarboxylic Acids in Iran

In value terms, saturated acyclic monocarboxylic acids production rose to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports from Iran

In 2022, the amount of saturated acyclic monocarboxylic acids exported from Iran rose notably to X tons, growing by X% against the year before. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, saturated acyclic monocarboxylic acids exports contracted to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for saturated acyclic monocarboxylic acids exports from Iran, accounting for a X% share of total exports. Moreover, saturated acyclic monocarboxylic acids exports to India exceeded the volume sent to the second major destination, Turkey (X tons), eightfold. Afghanistan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Afghanistan (X% per year).

In value terms, India ($X) emerged as the key foreign market for saturated acyclic monocarboxylic acids exports from Iran, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by Afghanistan, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to India totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Afghanistan (X% per year).

Export Prices by Country

In 2022, the average saturated acyclic monocarboxylic acids export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.

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 Turkey ($X per ton), while the average price for exports to India ($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 mixed trend patterns.

Imports of Saturated Acyclic Monocarboxylic Acids

Imports into Iran

After two years of decline, purchases abroad of saturated acyclic monocarboxylic acids increased by X% to X tons in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, saturated acyclic monocarboxylic acids imports surged to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

India (X tons), Malaysia (X tons) and China (X tons) were the main suppliers of saturated acyclic monocarboxylic acids imports to Iran, with a combined X% share of total imports. Indonesia, Thailand, Spain, the United Arab Emirates, Turkey, South Korea, Switzerland, Taiwan (Chinese), Hong Kong SAR and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), China ($X) and India ($X) constituted the largest saturated acyclic monocarboxylic acids suppliers to Iran, together accounting for X% of total imports. Turkey, the United Arab Emirates, Thailand, Taiwan (Chinese), Switzerland, Indonesia, Italy, Spain, South Korea and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

Thailand, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average saturated acyclic monocarboxylic acids import price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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