Price for Cutlery; Other than Plated with Precious Metal in Iran - 2022
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in Iran (CIF) - 2022
- Price for Cutlery; Other than Plated with Precious Metal in Iran (FOB) - 2022
- Imports of Cutlery; Other than Plated with Precious Metal in Iran
- Exports of Cutlery; Other than Plated with Precious Metal in Iran
Price for Cutlery; Other than Plated with Precious Metal in Iran (CIF) - 2022
In 2022, the average import price for cutlery; other than plated with precious metals amounted to $5,417 per ton, shrinking by -10.8% against the previous year. In general, the import price, however, posted resilient growth. The growth pace was the most rapid in 2018 an increase of 53%. Over the period under review, average import prices hit record highs at $6,073 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,516 per ton), while the price for the United Arab Emirates totaled $2,923 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%).
Price for Cutlery; Other than Plated with Precious Metal in Iran (FOB) - 2022
The average export price for cutlery; other than plated with precious metals stood at $6,810 per ton in 2022, picking up by 74% against the previous year. Overall, export price indicated a resilient expansion 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. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($15,294 per ton), while the average price for exports to Kyrgyzstan ($723 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 Oman (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cutlery; Other than Plated with Precious Metal in Iran
In 2022, imports of cutlery; other than plated with precious metals into Iran expanded notably to 815 tons, increasing by 14% on the previous year. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 72% against the previous year. As a result, imports attained the peak of 833 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cutlery; other than plated with precious metals reached $4.4M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 -9.9% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 74% against the previous year. As a result, imports attained the peak of $4.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Cutlery; Other than Plated with Precious Metal in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.4 | 4.5 | 4.1 | 4.2 | 20.5% |
| United Arab Emirates | 0.2 | 0.3 | 0.2 | 0.1 | -20.6% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 2.8 | 4.9 | 4.4 | 4.4 | 16.3% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to Iran in 2022:
- China (758.2 tons)
- United Arab Emirates (36.3 tons)
Exports of Cutlery; Other than Plated with Precious Metal in Iran
In 2022, approx. 11 tons of cutlery; other than plated with precious metals were exported from Iran; with an increase of 50% compared with the previous year. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 863% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of cutlery; other than plated with precious metals surged to $73K in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 833%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Cutlery; Other than Plated with Precious Metal in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 2.1 | 0.2 | 6.2 | 26.3 | 132.2% |
| Iraq | 0.8 | 0.1 | 6.1 | 14.4 | 162.1% |
| Germany | N/A | 0.1 | N/A | 6.7 | 718.5% |
| Azerbaijan | 0.6 | 0.2 | 0.5 | 5.4 | 108.0% |
| Georgia | 0.3 | N/A | 1.0 | 4.4 | 144.8% |
| United Arab Emirates | 0.1 | 0.1 | 1.1 | 2.0 | 171.4% |
| Qatar | 0.9 | 0.1 | 0.4 | 1.7 | 23.6% |
| Bahrain | 0.4 | N/A | 2.1 | 1.3 | 48.1% |
| Oman | 0.8 | 0.4 | 4.0 | 1.2 | 14.5% |
| United Kingdom | 3.4 | 0.7 | 0.6 | 0.9 | -35.8% |
| Canada | 0.1 | 0.1 | 1.6 | 0.8 | 100.0% |
| Kyrgyzstan | 0.3 | 0.1 | 0.4 | 0.5 | 18.6% |
| Others | 6.0 | 0.6 | 3.8 | 7.0 | 5.3% |
| Total | 15.8 | 3.0 | 27.8 | 72.6 | 66.2% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from Iran in 2022:
- Iraq (3592.0 kg)
- Australia (2000.0 kg)
- United Kingdom (907.0 kg)
- Germany (835.0 kg)
- Azerbaijan (804.0 kg)
- Kyrgyzstan (665.0 kg)
- United Arab Emirates (326.0 kg)
- Georgia (323.0 kg)
- Bahrain (293.0 kg)
- Qatar (287.0 kg)
- Oman (114.0 kg)
- Canada (51.0 kg)
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