Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Iran - 2022

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Iran (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Iran (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Iran
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Iran

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Iran (CIF) - 2022

The average import price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $99,005 per ton in 2022, picking up by 180% against the previous year. In general, the import price, however, saw a slight contraction. Over the period under review, average import prices attained the peak figure at $118,098 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($162,596 per ton), while the price for China ($22,769 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.7%), while the prices for the other major suppliers experienced a decline.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Iran (FOB) - 2022

The average export price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $139,000 per ton in 2022, dropping by -6.2% against the previous year. Over the period under review, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices reached the peak figure at $319,448 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($95,500 per ton), while the average price for exports to France ($1,000 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 Iraq (-13.2%), while the prices for the other major destinations experienced a decline.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Iran

In 2022, after three years of growth, there was significant decline in supplies from abroad of balances; of a sensitivity of 5cg or better, with or without weightses, when their volume decreased by -16.5% to 10 tons. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 43% against the previous year. As a result, imports reached the peak of 12 tons, and then contracted remarkably in the following year.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses soared to $1M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 73%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Iran in 2022:

1. Poland (3.1 tons)
2. United Arab Emirates (2.4 tons)
3. Turkey (1.5 tons)
4. Germany (1.1 tons)
5. China (0.7 tons)
6. France (0.5 tons)
7. Italy (0.4 tons)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Iran

In 2022, exports of balances; of a sensitivity of 5cg or better, with or without weightses from Iran reduced markedly to 5 kg, with a decrease of -94.8% on 2021. Over the period under review, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 540% against the previous year. As a result, the exports reached the peak of 96 kg, and then reduced markedly in the following year.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses dropped sharply to $279 in 2022. In general, exports faced a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 780%. As a result, the exports reached the peak of $14K, and then fell significantly in the following year.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Iran in 2022:

1. Iraq (2.0 kg)
2. Canada (1.0 kg)
3. Kazakhstan (1.0 kg)
4. France (1.0 kg)

Source: IndexBox Market Intelligence Platform