Iran: Semi-Chemical Fluting Market 2024

Semi-Chemical Fluting Market Size in Iran

The Iranian semi-chemical fluting market rose significantly to $X in 2021, growing by 6.4% against the previous year. Over the period under review, the total consumption indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -3.8% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Semi-Chemical Fluting Production in Iran

In value terms, semi-chemical fluting production rose slightly to $X in 2021 estimated in export price. In general, the total production indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.2% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 58% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Semi-Chemical Fluting Exports

Exports from Iran

In 2021, shipments abroad of semi-chemical fluting decreased by -65.4% to X tons, falling for the third consecutive year after four years of growth. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 369%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, semi-chemical fluting exports fell dramatically to $X in 2021. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 353%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for semi-chemical fluting exports from Iran, accounting for a 53% share of total exports. Moreover, semi-chemical fluting exports to Turkey exceeded the volume sent to the second major destination, Azerbaijan (X tons), twofold. Iraq (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey totaled +39.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (-46.3% per year) and Iraq (+42.9% per year).

In value terms, Turkey ($X) remains the key foreign market for semi-chemical fluting exports from Iran, comprising 63% of total exports. The second position in the ranking was held by Azerbaijan ($X), with an 18% share of total exports. It was followed by Iraq, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value to Turkey amounted to +45.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (-38.5% per year) and Iraq (+44.9% per year).

Export Prices by Country

The average semi-chemical fluting export price stood at $X per ton in 2021, jumping by 29% against the previous year. In general, export price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, semi-chemical fluting export price increased by +68.2% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per ton), while the average price for exports to Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Semi-Chemical Fluting Imports

Imports into Iran

Semi-chemical fluting imports into Iran reduced rapidly to X tons in 2021, falling by -43.7% on 2020. Overall, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of 87%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, semi-chemical fluting imports fell significantly to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 176%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, South Korea (X tons) was the main semi-chemical fluting supplier to Iran, accounting for a 100% share of total imports. It was followed by China (X kg), with a 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from South Korea stood at -6.2%.

In value terms, South Korea ($X) constituted the largest supplier of semi-chemical fluting to Iran, comprising 99% of total imports. The second position in the ranking was held by China ($X), with a 0.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from South Korea amounted to +3.9%.

Import Prices by Country

The average semi-chemical fluting import price stood at $X per ton in 2021, jumping by 48% against the previous year. In general, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+33.0%).

Source: IndexBox Platform

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