Report Update Nov 1, 2024

Iran - Sodium Hydroxide in Aqueous Solution (Soda Lye or Liquid Soda) - Market Analysis, Forecast, Size, Trends and Insights

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Iran: Market for Caustic Soda in Aqueous Solution (Soda Lye) 2024

Market Size for Caustic Soda in Aqueous Solution (Soda Lye) in Iran

In 2021, after two years of decline, there was significant growth in the Iranian market for caustic soda in aqueous solution (soda lye), when its value increased by 316% to $X. Over the period under review, consumption, however, showed a noticeable decrease. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Caustic Soda in Aqueous Solution (Soda Lye) in Iran

In value terms, production of caustic soda in aqueous solution (soda lye) stood at less than $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern.

Exports of Caustic Soda in Aqueous Solution (Soda Lye)

Exports from Iran

In 2021, approx. X tons of caustic soda in aqueous solution (soda lye) were exported from Iran; reducing by -12.7% against the previous year's figure. The total export volume increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 34% against the previous year. As a result, the exports reached the peak of X tons, and then reduced in the following year.

In value terms, exports of caustic soda in aqueous solution (soda lye) declined to $X in 2021. In general, exports recorded a pronounced slump. The growth pace was the most rapid in 2020 when exports increased by 3% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Africa (X tons) was the main destination for exports of caustic soda in aqueous solution (soda lye) from Iran, with a 53% share of total exports. Moreover, exports of caustic soda in aqueous solution (soda lye) to South Africa exceeded the volume sent to the second major destination, Italy (X tons), threefold. Thailand (X tons) ranked third in terms of total exports with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to South Africa stood at +25.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+7.3% per year) and Thailand (+1.2% per year).

In value terms, South Africa ($X) remains the key foreign market for caustic soda in aqueous solution (soda lye) exports from Iran, comprising 80% of total exports. The second position in the ranking was taken by Italy ($X), with a 7.6% share of total exports. It was followed by India, with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to South Africa totaled +27.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-4.3% per year) and India (-28.5% per year).

Export Prices by Country

In 2021, the average export price for caustic soda in aqueous solution (soda lye) amounted to $X per ton, with an increase of 13% against the previous year. In general, the export price, however, saw a pronounced decline. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to Thailand ($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 South Africa (+1.2%), while the prices for the other major destinations experienced a decline.

Imports of Caustic Soda in Aqueous Solution (Soda Lye)

Imports into Iran

In 2021, approx. less than X kg of caustic soda in aqueous solution (soda lye) were imported into Iran; flattening at 2020 figures. Overall, imports continue to indicate a relatively flat trend pattern.

In value terms, imports of caustic soda in aqueous solution (soda lye) amounted to less than $X in 2021. In general, imports saw a relatively flat trend pattern.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for caustic soda in aqueous solution (soda lye) in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 36% of global consumption. These countries were followed by Germany, Brazil, Russia, Pakistan, Indonesia, Bangladesh, Japan, Mexico, Turkey and the UK, which together accounted for a further 32%.

What are the largest producers of caustic soda in aqueous solution (soda lye) in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 44% of global production.

What are the leading importers of caustic soda in aqueous solution (soda lye) from Iran?

In value terms, South Africa remains the key foreign market for caustic soda in aqueous solution soda lye) exports from Iran, comprising 79% of total exports. The second position in the ranking was occupied by Italy, with a 7.6% share of total exports. It was followed by India, with a 4.3% share.

What is the average export price for caustic soda in aqueous solution (soda lye) in Iran?

The average export price for caustic soda in aqueous solution soda lye) stood at $223 per ton in 2021, surging by 13% against the previous year.

This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20132527 - Sodium hydroxide in aqueous solution (soda lye or liquid soda)

Country coverage:

Iran

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iran
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023