Iran: Market for Vacuum Cleaners With Motor 2025

Market Size for Vacuum Cleaners With Motor in Iran

The Iranian vacuum cleaner with motor market shrank to $X in 2021, declining by -11.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a dramatic contraction. Vacuum cleaner with motor consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Vacuum Cleaners With Motor

Exports from Iran

In 2021, after three years of decline, there was significant growth in shipments abroad of vacuum cleaners with motor, when their volume increased by 221% to X tons. Overall, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 861% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, vacuum cleaner with motor exports soared to $X in 2021. Over the period under review, exports enjoyed a notable expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 699%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Armenia (X tons) was the main destination for vacuum cleaner with motor exports from Iran, with a 69% share of total exports. Moreover, vacuum cleaner with motor exports to Armenia exceeded the volume sent to the second major destination, Oman (X kg), fourfold. Pakistan (X kg) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume to Armenia totaled +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+37.7% per year) and Pakistan (0.0% per year).

In value terms, Armenia ($X) emerged as the key foreign market for vacuum cleaners with motor exports from Iran, comprising 57% of total exports. The second position in the ranking was held by Pakistan ($X), with an 18% share of total exports. It was followed by Oman, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Armenia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (0.0% per year) and Oman (-13.5% per year).

Export Prices by Country

In 2021, the average vacuum cleaner with motor export price amounted to $X per ton, waning by -34.1% against the previous year. Over the period under review, the export price showed a pronounced downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 84%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while the average price for exports to Austria ($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 Canada (+16.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vacuum Cleaners With Motor

Imports into Iran

Vacuum cleaner with motor imports into Iran fell to X tons in 2021, dropping by -11.4% compared with the year before. Overall, imports faced a dramatic decrease. The pace of growth appeared the most rapid in 2019 when imports increased by 96% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, vacuum cleaner with motor imports reduced to $X in 2021. In general, imports recorded a significant curtailment. The growth pace was the most rapid in 2014 when imports increased by 74% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Turkey (X tons) and Oman (X tons) were the main suppliers of vacuum cleaner with motor imports to Iran, with a combined 88% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Oman (with a CAGR of +24.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Turkey ($X) and Germany ($X) appeared to be the largest vacuum cleaner with motor suppliers to Iran, together accounting for 79% of total imports. The United Arab Emirates and Oman lagged somewhat behind, together comprising a further 7.6%.

Oman, with a CAGR of +22.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average vacuum cleaner with motor import price stood at $X per ton in 2021, flattening at the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 18%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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