Cerium Compounds Price in Iran - 2022
Contents:
Cerium Compounds Price in Iran (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $23,895 per ton, rising by 11% against the previous year. Over the period under review, the import price continues to indicate a mild expansion. The pace of growth appeared the most rapid in 2018 an increase of 107% against the previous year. As a result, import price reached the peak level of $48,198 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($24,842 per ton), while the price for the United Arab Emirates ($15,348 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Cerium Compounds Imports in Iran
After three years of growth, supplies from abroad of cerium compoundses decreased by -7.5% to 16 tons in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 160%.
In value terms, cerium compounds imports rose to $382K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 104% against the previous year. As a result, imports attained the peak of $392K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cerium Compounds in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 165 | 351 | 345 | 354 | 29.0% |
| China | 15.0 | 25.6 | 15.1 | 15.9 | 2.0% |
| Others | 11.4 | 15.4 | 11.8 | 11.9 | 1.4% |
| Total | 192 | 392 | 372 | 382 | 25.8% |
Top Suppliers of Cerium Compounds to Iran in 2022:
- United Kingdom (14.9 tons)
- China (0.6 tons)
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