Iran: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in Iran

The Iranian market for mechanical appliances for projecting, dispersing or spraying soared to $X in 2023, growing by X% 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 enjoyed strong growth. Consumption of peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports from Iran

For the fifth consecutive year, Iran recorded growth in overseas shipments of mechanical appliances for projecting, dispersing or spraying, which increased by X% to X units in 2023. In general, exports, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying surged to $X in 2023. Overall, exports, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

Iraq (X units), Georgia (X units) and Malaysia (X units) were the main destinations of exports of mechanical appliances for projecting, dispersing or spraying from Iran, with a combined X% share of total exports. Afghanistan, Turkey, Ethiopia, Tajikistan, Kazakhstan, Azerbaijan, Turkmenistan, Uzbekistan, the United Arab Emirates and Australia lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ethiopia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X) remains the key foreign market for mechanical appliances for projecting, dispersing or spraying exports from Iran, comprising X% of total exports. The second position in the ranking was held by Afghanistan ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Iraq stood at 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).

Export Prices by Country

In 2023, the average export price for mechanical appliances for projecting, dispersing or spraying amounted to $X per unit, picking up by X% against the previous year. Overall, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Georgia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports into Iran

In 2023, approx. X units of mechanical appliances for projecting, dispersing or spraying were imported into Iran; rising by X% against 2022 figures. Overall, imports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports of reached the peak figure at X units in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying skyrocketed to $X in 2023. Over the period under review, imports, however, showed a mild reduction. Imports peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Italy (X units) and Turkey (X units) were the main suppliers of imports of mechanical appliances for projecting, dispersing or spraying to Iran, with a combined X% share of total imports. The United Arab Emirates, Bulgaria, Australia and Germany lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Australia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mechanical appliances for projecting, dispersing or spraying suppliers to Iran were China ($X), Italy ($X) and Turkey ($X), together comprising X% of total imports. The United Arab Emirates, Bulgaria, Australia and Germany lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Australia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for mechanical appliances for projecting, dispersing or spraying stood at $X per unit in 2023, with a decrease of X% against the previous year. Overall, the import price showed a abrupt curtailment. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Bulgaria ($X per unit) and Australia ($X per unit), while the price for the United Arab Emirates ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform