Life-Jackets and Life-Belts Price in Iran - 2022

Contents:

  1. Life-Jackets and Life-Belts Price in Iran (CIF) - 2022
  2. Life-Jackets and Life-Belts Price in Iran (FOB) - 2022
  3. Life-Jackets and Life-Belts Imports in Iran
  4. Life-Jackets and Life-Belts Exports in Iran

Life-Jackets and Life-Belts Price in Iran (CIF) - 2022

The average life-jackets and life-belts import price stood at $10,790 per ton in 2022, with an increase of 27% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, life-jackets and life-belts import price increased by +61.1% against 2019 indices. The growth pace was the most rapid in 2015 when the average import price increased by 49% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($61,370 per ton), while the price for India ($6,915 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Life-Jackets and Life-Belts Price in Iran (FOB) - 2022

The average life-jackets and life-belts export price stood at $11,697 per ton in 2022, increasing by 3.8% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 24% against the previous year. Over the period under review, the average export prices hit record highs at $24,731 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($106,000 per ton), while the average price for exports to Tajikistan ($4,692 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 Azerbaijan (+17.9%), while the prices for the other major destinations experienced a decline.

Life-Jackets and Life-Belts Imports in Iran

In 2022, the amount of life-jackets and life-beltses imported into Iran fell dramatically to 13 tons, which is down by -57.8% on the year before. Overall, imports faced a sharp setback. The smallest decline of -34.6% was in 2021.

In value terms, life-jackets and life-belts imports plummeted to $144K in 2022. In general, imports recorded a sharp descent. The smallest decline of -26.9% was in 2021.

Import of Life-Jackets and Life-Belts in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15021617031.1-40.8%
India32.335.424.521.1-13.2%
Turkey1.81.81.115.1103.2%
United Arab Emirates41.337.020.914.5-29.5%
Taiwan (Chinese)27.624.013.29.0-31.2%
Georgia3.68.25.74.910.8%
Poland7.47.64.94.4-15.9%
Others23937.728.543.5-43.3%
Total503368269144-34.1%

Top Suppliers of Life-Jackets and Life-Belts to Iran in 2022:

  1. China (3.6 tons)
  2. India (3.1 tons)
  3. United Arab Emirates (0.4 tons)
  4. Turkey (0.2 tons)
  5. Georgia (0.2 tons)
  6. Taiwan (Chinese) (0.2 tons)
  7. Poland (0.2 tons)

Life-Jackets and Life-Belts Exports in Iran

After two years of decline, overseas shipments of life-jackets and life-beltses increased by 350% to 198 kg in 2022. Overall, exports enjoyed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, life-jackets and life-belts exports soared to $2.3K in 2022. Over the period under review, exports, however, saw a abrupt descent.

Export of Life-Jackets and Life-Belts in Iran (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia63982222597715.2%
ChinaN/AN/AN/A7420%
Portugal57439972.0291-20.3%
Azerbaijan32118120.0105-31.1%
Sweden26215624.083.0-31.8%
TajikistanN/AN/AN/A61.00%
Others93254.015557.0-60.6%
Total2,7281,6124962,316-5.3%

Top Export Markets for Life-Jackets and Life-Belts from Iran in 2022:

  1. Georgia (157.0 kg)
  2. Tajikistan (13.0 kg)
  3. Azerbaijan (12.0 kg)
  4. China (7.0 kg)
  5. Portugal (5.0 kg)
  6. Sweden (3.0 kg)

Source: IndexBox Market Intelligence Platform

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