Iran: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Iran

The Iranian market for self-adhesive plastic tape in rolls of a width under 20cm was finally on the rise to reach $X in 2022, after four years of decline. Over the period under review, consumption, however, recorded a abrupt contraction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Iran

In 2022, approx. X tons of self-adhesive plastic tape in rolls of a width under 20cm were exported from Iran; with a decrease of -52.4% against the year before. In general, exports, however, continue to indicate a perceptible increase. The growth pace was the most rapid in 2021 when exports increased by 125% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm fell notably to $X in 2022. Overall, exports, however, posted a strong increase. The growth pace was the most rapid in 2021 with an increase of 84% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Armenia (X tons) was the main destination for exports of self-adhesive plastic tape in rolls of a width under 20cm from Iran, accounting for a 54% share of total exports. Moreover, exports of self-adhesive plastic tape in rolls of a width under 20cm to Armenia exceeded the volume sent to the second major destination, Turkey (X tons), fourfold. Poland (X tons) ranked third in terms of total exports with an 8.7% share.

From 2012 to 2022, the average annual growth rate of volume to Armenia stood at +10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-7.7% per year) and Poland (+185.0% per year).

In value terms, Poland ($X), Armenia ($X) and Turkey ($X) constituted the largest markets for self-adhesive plastic tape in rolls of a width under 20cm exported from Iran worldwide, with a combined 74% share of total exports. Georgia, Kyrgyzstan, Uzbekistan and Azerbaijan lagged somewhat behind, together comprising a further 18%.

In terms of the main countries of destination, Uzbekistan, with a CAGR of +241.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, picking up by 62% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Armenia ($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 Azerbaijan (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Iran

In 2022, overseas purchases of self-adhesive plastic tape in rolls of a width under 20cm were finally on the rise to reach X tons after four years of decline. Overall, imports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2017 with an increase of 187%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm skyrocketed to $X in 2022. In general, imports, however, saw a deep slump. The pace of growth appeared the most rapid in 2017 when imports increased by 162%. Over the period under review, imports of hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Iran, accounting for a 77% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under 20cm from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold. Germany (X tons) ranked third in terms of total imports with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-19.9% per year) and Germany (-8.7% per year).

In value terms, China ($X) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Iran, comprising 62% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by Turkey, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-12.0% per year) and Turkey (-22.2% per year).

Import Prices by Country

The average import price for self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, with an increase of 2.6% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 23%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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