Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iran - 2022
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iran (CIF) - 2022
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iran (FOB) - 2022
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iran
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iran
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iran (CIF) - 2022
The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $1,859 per ton in 2022, with an increase of 17% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $2,062 per ton in 2014; however, from 2015 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 the United Arab Emirates ($6,484 per ton), while the price for China ($1,721 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.2%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iran (FOB) - 2022
The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $1,835 per ton in 2022, with an increase of 81% against the previous year. In general, the export price, however, saw a abrupt slump. The export price peaked at $8,708 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Tajikistan ($2,488 per ton), while the average price for exports to Pakistan ($872 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 Croatia (+83.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iran
In 2022, purchases abroad of iron or steel cast fittings, other than of non-malleable cast ira decreased by -62.2% to 2.6K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2020 when imports increased by 321% against the previous year. As a result, imports reached the peak of 12K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira plummeted to $4.8M in 2022. Over the period under review, imports showed a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of 257% against the previous year. As a result, imports reached the peak of $19M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.7 | 17.5 | 9.7 | 4.2 | -3.7% |
| Turkey | 0.2 | 1.0 | 0.8 | 0.3 | 14.5% |
| Others | 0.3 | 0.4 | 0.3 | 0.2 | -12.6% |
| Total | 5.3 | 18.9 | 10.8 | 4.8 | -3.2% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Iran in 2022:
- China (2465.4 tons)
- Turkey (79.0 tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iran
After two years of decline, overseas shipments of iron or steel cast fittings, other than of non-malleable cast ira increased by 49% to 633 tons in 2022. In general, exports, however, continue to indicate a abrupt contraction.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira surged to $1.2M in 2022. Overall, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 60.6 | 410 | 204 | 860 | 142.1% |
| Croatia | N/A | N/A | 16.1 | 82.2 | 410.6% |
| Bosnia and Herzegovina | 97.7 | 92.7 | 31.9 | 78.6 | -7.0% |
| Cyprus | N/A | N/A | N/A | 28.9 | 0% |
| Azerbaijan | 50.7 | 26.7 | 1.7 | 9.4 | -43.0% |
| United Arab Emirates | 0.4 | N/A | 49.1 | 5.3 | 136.6% |
| Oman | 109 | 26.6 | 26.2 | 4.9 | -64.4% |
| Pakistan | 504 | N/A | N/A | 1.7 | -85.0% |
| Qatar | N/A | N/A | 76.8 | N/A | 0% |
| Others | 75.0 | 12.4 | 25.8 | 90.7 | 6.5% |
| Total | 898 | 568 | 431 | 1,161 | 8.9% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Iran in 2022:
- Spain (471.4 tons)
- Bosnia and Herzegovina (49.2 tons)
- Croatia (41.8 tons)
- Cyprus (14.4 tons)
- Azerbaijan (8.1 tons)
- United Arab Emirates (5.8 tons)
- Oman (4.3 tons)
- Pakistan (2.0 tons)
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