Iran: Market for Straw Or Fodder Balers, Including Pickup Balers 2024

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Iran

In 2021, after four years of growth, there was significant decline in the Iranian straw for fodder balers market, when its value decreased by -8.6% to $X. The market value increased at an average annual rate of +1.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then fell in the following year.

Production of Straw Or Fodder Balers, Including Pickup Balers in Iran

In value terms, straw for fodder balers production shrank to $X in 2021 estimated in export price. Overall, the total production indicated a modest expansion 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, production increased by +57.2% against 2016 indices. The most prominent rate of growth was recorded in 2019 with an increase of 25%. Straw for fodder balers production peaked at $X in 2020, and then dropped in the following year.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports from Iran

In 2021, overseas shipments of straw or fodder balers, including pickup balers were finally on the rise to reach X units after three years of decline. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 591%. Over the period under review, the exports attained the peak figure at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, straw for fodder balers exports skyrocketed to $X in 2021. In general, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 550%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Tajikistan (X units), Armenia (X units) and Georgia (X units) were the main destinations of straw for fodder balers exports from Iran, with a combined 99% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Armenia (with a CAGR of +20.4%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Tajikistan ($X) remains the key foreign market for straw or fodder balers, including pickup balers exports from Iran, comprising 70% of total exports. The second position in the ranking was held by Armenia ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Tajikistan totaled +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (+15.0% per year) and Georgia (+6.7% per year).

Export Prices by Country

The average straw for fodder balers export price stood at $X per unit in 2021, reducing by -15.5% against the previous year. In general, the export price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2019 an increase of 67%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tajikistan ($X per unit), while the average price for exports to Georgia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+39.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports into Iran

In 2021, after two years of decline, there was significant growth in overseas purchases of straw or fodder balers, including pickup balers, when their volume increased by 29% to X units. In general, imports, however, showed a significant contraction. The pace of growth was the most pronounced in 2018 when imports increased by 204% against the previous year. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, straw for fodder balers imports totaled $X in 2021. Over the period under review, imports, however, faced a dramatic curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by 224% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of straw for fodder balers to Iran, accounting for a 44% share of total imports. Moreover, straw for fodder balers imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -17.7%.

In value terms, Germany ($X) constituted the largest supplier of straw or fodder balers, including pickup balers to Iran, comprising 42% of total imports. The second position in the ranking was taken by Poland ($X), with a 5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled -26.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-36.6% per year) and Turkey (-54.1% per year).

Import Prices by Country

The average straw for fodder balers import price stood at $X per unit in 2021, falling by -23.3% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 6.7% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-8.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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