Iran - Baking Soda - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBaking Soda Price in Iran - 2021
Contents:
- Baking Soda Price in Iran (FOB) - 2022
- Baking Soda Price in Iran (CIF) - 2022
- Baking Soda Exports in Iran
- Baking Soda Imports in Iran
Baking Soda Price in Iran (FOB) - 2022
The average baking soda export price stood at $331 per ton in 2022, rising by 25% against the previous year. Overall, the export price posted a prominent expansion. The pace of growth was the most pronounced in 2017 an increase of 109% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($519 per ton), while the average price for exports to the United Arab Emirates ($129 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+46.0%), while the prices for the other major destinations experienced more modest paces of growth.
Baking Soda Price in Iran (CIF) - 2022
In 2022, the average baking soda import price amounted to $642 per ton, with an increase of 16% against the previous year. In general, the import price recorded a pronounced expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 48%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
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 France ($8,455 per ton), while the price for China ($491 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+33.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Baking Soda Exports in Iran
In 2022, after three years of growth, there was significant decline in overseas shipments of baking soda, when their volume decreased by -31.6% to 9.8K tons. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 111%.
In value terms, baking soda exports reduced to $3.2M in 2022. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 87%.
Export of Baking Soda in Iran (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | N/A | 237 | 178 | 747 | 77.5% |
Azerbaijan | 86.4 | 945 | 623 | 514 | 81.2% |
China | N/A | N/A | N/A | 485 | 0% |
Turkey | N/A | N/A | N/A | 296 | 0% |
Kuwait | N/A | 17.6 | 8.1 | 230 | 261.5% |
United Arab Emirates | N/A | N/A | 101 | 229 | 126.7% |
Armenia | 124 | 653 | 223 | 149 | 6.3% |
Georgia | N/A | N/A | 69.2 | 107 | 54.6% |
Uzbekistan | 29.1 | 146 | 683 | 78.2 | 39.0% |
Russia | 129 | N/A | N/A | N/A | 0% |
India | N/A | 833 | 1,747 | N/A | 109.7% |
Afghanistan | 1,134 | N/A | N/A | N/A | 0% |
Others | 37.5 | 43.2 | 161 | 405 | 121.0% |
Total | 1,540 | 2,875 | 3,794 | 3,240 | 28.1% |
Top Export Markets for Baking Soda from Iran in 2022:
- Ukraine (1937.0 tons)
- United Arab Emirates (1779.5 tons)
- China (1497.5 tons)
- Azerbaijan (1486.8 tons)
- Turkey (792.4 tons)
- Kuwait (442.7 tons)
- Armenia (432.5 tons)
- Uzbekistan (323.3 tons)
- Georgia (288.0 tons)
Baking Soda Imports in Iran
In 2022, the amount of baking soda imported into Iran rose sharply to 2.6K tons, increasing by 5.7% on the year before. Overall, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 110% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, baking soda imports surged to $1.7M in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 154%. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Baking Soda in Iran (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 296 | 380 | 1,212 | 1,324 | 64.8% |
China | 194 | 1.8 | N/A | 126 | -13.4% |
Germany | 16.6 | 70.6 | N/A | N/A | 325.3% |
Others | 18.5 | 80.8 | 143 | 208 | 124.0% |
Total | 525 | 533 | 1,355 | 1,657 | 46.7% |
Top Suppliers of Baking Soda to Iran in 2022:
- Turkey (2320.5 tons)
- China (255.4 tons)
This report provides an in-depth analysis of the baking soda market 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 20134320 - Sodium hydrogencarbonate (sodium bicarbonate)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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