Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iran - 2022

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iran (CIF) - 2022
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iran (FOB) - 2022
  3. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iran
  4. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iran

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iran (CIF) - 2022

The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $4,103 per ton in 2022, surging by 5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 18%. Over the period under review, average import prices attained the peak figure at $4,328 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +9.3% per year.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iran (FOB) - 2022

The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $3,137 per ton in 2022, with an increase of 8.4% against the previous year. Overall, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 77%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($9,723 per ton), while the average price for exports to Kazakhstan ($1,174 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 Cote d'Ivoire (+58.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iran

In 2022, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) into Iran shrank modestly to 2.8K tons, with a decrease of -3% compared with 2021. In general, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 6.3% against the previous year.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) expanded to $11M in 2022. Over the period under review, imports showed a abrupt decrease.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1.81.11.711.384.5%
Spain0.80.60.7N/A-6.5%
China4.01.71.2N/A-45.2%
Switzerland1.41.11.8N/A13.4%
Germany1.81.91.4N/A-11.8%
Italy1.10.80.5N/A-32.6%
Turkey7.13.43.1N/A-33.9%
Others1.30.90.7N/A-26.6%
Total19.311.511.011.3-16.3%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Iran in 2022:

  1. United Arab Emirates (2.8K tons)

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iran

In 2022, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) from Iran fell rapidly to 269 tons, reducing by -27.4% against the previous year's figure. In general, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 85% against the previous year. As a result, the exports attained the peak of 370 tons, and then contracted sharply in the following year.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) dropped significantly to $842K in 2022. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 74%. As a result, the exports reached the peak of $1.1M, and then fell rapidly in the following year.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan24022059461336.7%
Turkey3.819412.2101198.4%
Azerbaijan62.017691.478.78.3%
Armenia38.55.04.58.0-40.8%
Spain0.1N/A295N/A5331.4%
Others14.318.873.441.342.4%
Total3596141,07084232.9%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Iran in 2022:

  1. Uzbekistan (224.3 tons)
  2. Turkey (21.0 tons)
  3. Azerbaijan (15.7 tons)
  4. Armenia (1.7 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Adhesives; prepared, based on rubber or plastics (including artificial resins) - Iran