Iran: Enamels And Glazes Market 2024

Enamels And Glazes Market Size in Iran

The Iranian enamels and glazes market skyrocketed to $X in 2021, growing by 129% 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). In general, consumption, however, continues to indicate a perceptible decrease. Enamels and glazes consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Enamels And Glazes Exports

Exports from Iran

Enamels and glazes exports from Iran declined modestly to X tons in 2021, reducing by -3.6% on 2020. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2018 with an increase of 26,086% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, enamels and glazes exports skyrocketed to $X in 2021. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2018 with an increase of 23,080% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Uzbekistan (X tons) was the main destination for enamels and glazes exports from Iran, accounting for a 93% share of total exports. Moreover, enamels and glazes exports to Uzbekistan exceeded the volume sent to the second major destination, Turkey (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uzbekistan amounted to +89.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (0.0% per year) and Iraq (+30.9% per year).

In value terms, Uzbekistan ($X) remains the key foreign market for vitrifiable enamels and glazes for ceramics, enamelling or glass exports from Iran, comprising 80% of total exports. The second position in the ranking was held by Turkey ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Uzbekistan amounted to +115.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (0.0% per year) and Iraq (+18.8% per year).

Export Prices by Country

In 2021, the average enamels and glazes export price amounted to $X per ton, jumping by 66% against the previous year. Over the period under review, the export price continues to indicate tangible growth. 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 Turkey ($X per ton), while the average price for exports to Uzbekistan ($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 Uzbekistan (+13.9%), while the prices for the other major destinations experienced mixed trend patterns.

Enamels And Glazes Imports

Imports into Iran

In 2021, enamels and glazes imports into Iran soared to X tons, jumping by 94% against the previous year's figure. Overall, imports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2019 when imports increased by 95%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, enamels and glazes imports surged to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), China (X tons) and Spain (X tons) were the main suppliers of enamels and glazes imports to Iran, together accounting for 55% of total imports. These countries were followed by the UK and Italy, which together accounted for a further 2.8%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +27.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Turkey ($X) constituted the largest supplier of vitrifiable enamels and glazes for ceramics, enamelling or glass to Iran, comprising 29% of total imports. The second position in the ranking was held by China ($X), with a 14% share of total imports. It was followed by Spain, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey totaled +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.4% per year) and Spain (-17.5% per year).

Import Prices by Country

In 2021, the average enamels and glazes import price amounted to $X per ton, picking up by 10% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +9.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, enamels and glazes import price increased by +91.3% against 2017 indices. The growth pace was the most rapid in 2018 when the average import price increased by 60%. The import price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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