Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Iran - 2022
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Iran (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Iran (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Iran
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Iran
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Iran (CIF) - 2022
In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $12,373 per ton, surging by 34% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +11.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel; non-threaded cotters and cotter-pinses increased by +85.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 80% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($58,043 per ton), while the price for Romania ($7,020 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Iran (FOB) - 2022
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $2,683 per ton in 2022, rising by 20% against the previous year. Over the period under review, the export price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 128% against the previous year. As a result, the export price reached the peak level of $31,109 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($3,622 per ton), while the average price for exports to Iraq amounted to $1,584 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (-0.1%), while the prices for the other major destinations experienced a decline.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Iran
Imports of iron or steel; non-threaded cotters and cotter-pinses into Iran dropped to 72 tons in 2022, which is down by -3.2% against 2021 figures. Overall, imports recorded a precipitous shrinkage.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses skyrocketed to $888K in 2022. Over the period under review, imports recorded a pronounced shrinkage.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 143 | 215 | 155 | 205 | 12.8% |
| Turkey | 4.4 | 19.4 | 7.1 | 83.1 | 166.3% |
| United Arab Emirates | 129 | 56.8 | 92.8 | 70.9 | -18.1% |
| South Korea | 50.8 | 12.6 | 19.2 | 27.0 | -19.0% |
| Taiwan (Chinese) | 15.5 | 9.5 | 8.4 | 21.9 | 12.2% |
| France | 50.3 | 10.8 | 4.3 | 21.4 | -24.8% |
| Romania | 14.8 | 13.2 | 15.8 | 16.1 | 2.8% |
| Bulgaria | 29.7 | 18.0 | N/A | N/A | -39.4% |
| Others | 539 | 464 | 384 | 442 | -6.4% |
| Total | 976 | 820 | 686 | 888 | -3.1% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Iran in 2022:
- China (27.9 tons)
- Turkey (7.9 tons)
- United Arab Emirates (3.9 tons)
- Romania (2.3 tons)
- South Korea (2.2 tons)
- France (2.0 tons)
- Taiwan (Chinese) (1.1 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Iran
Exports of iron or steel; non-threaded cotters and cotter-pinses from Iran expanded rapidly to 7.6 tons in 2022, surging by 7.3% compared with 2021. Overall, exports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 115%.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses soared to $20K in 2022. In general, exports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Armenia | 15.7 | 6.1 | 0.8 | 11.2 | -10.6% |
| Iraq | 11.3 | 0.3 | 0.8 | 7.0 | -14.8% |
| Azerbaijan | N/A | 1.9 | N/A | N/A | 0% |
| Turkmenistan | N/A | N/A | 5.0 | N/A | 0% |
| Afghanistan | N/A | N/A | 0.8 | N/A | 0% |
| Others | 1.2 | 3.0 | 8.4 | 2.3 | 24.2% |
| Total | 28.2 | 11.3 | 15.8 | 20.4 | -10.2% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Iran in 2022:
- Iraq (4.4 tons)
- Armenia (3.1 tons)
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