Iran: Wood-Based Panels Market 2024

Wood-Based Panels Market Size in Iran

The Iranian wood-based panels market rose slightly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Wood-based panels consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Wood-Based Panels Production in Iran

In value terms, wood-based panels production reduced to $X in 2022 estimated in export price. Over the period under review, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Wood-Based Panels Exports

Exports from Iran

Wood-based panels exports from Iran contracted to X cubic meters in 2022, shrinking by X% on the previous year. Over the period under review, exports, however, showed a resilient increase. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at X cubic meters in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood-based panels exports rose modestly to $X in 2022. In general, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Iraq (X cubic meters) was the main destination for wood-based panels exports from Iran, with a X% share of total exports. Moreover, wood-based panels exports to Iraq exceeded the volume sent to the second major destination, Afghanistan (X cubic meters), twofold. Turkey (X cubic meters) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iraq totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (X% per year) and Turkey (X% per year).

In value terms, the largest markets for wood-based panels exported from Iran were Iraq ($X), Afghanistan ($X) and Turkey ($X), together comprising X% of total exports. India, Armenia, Uzbekistan, Turkmenistan and Azerbaijan lagged somewhat behind, together comprising a further X%.

Armenia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wood-based panels export price amounted to $X per cubic meter, growing by X% against the previous year. Over the period under review, the export price, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per cubic meter), while the average price for exports to Azerbaijan ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood-Based Panels Imports

Imports into Iran

In 2022, approx. X cubic meters of wood-based panels were imported into Iran; increasing by X% on the previous year's figure. In general, imports, however, showed a abrupt setback. Imports peaked at X cubic meters in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, wood-based panels imports skyrocketed to $X in 2022. Over the period under review, imports, however, faced a abrupt contraction. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X cubic meters), Indonesia (X cubic meters) and China (X cubic meters) were the main suppliers of wood-based panels imports to Iran, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, Turkey ($X), Indonesia ($X) and China ($X) constituted the largest wood-based panels suppliers to Iran, with a combined X% share of total imports.

Indonesia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average wood-based panels import price amounted to $X per cubic meter, approximately mirroring the previous year. In general, the import price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per cubic meter), while the price for Malaysia ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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