Price for Mineral Substances Not Elsewhere Specified or Included in Iran - 2022
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Iran (FOB) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Iran (CIF) - 2022
- Exports of Mineral Substances Not Elsewhere Specified or Included in Iran
- Imports of Mineral Substances Not Elsewhere Specified or Included in Iran
Price for Mineral Substances Not Elsewhere Specified or Included in Iran (FOB) - 2022
The average export price for mineral substances not elsewhere specified or includeds stood at $160 per ton in 2022, growing by 12% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for mineral substances not elsewhere specified or includeds decreased by -2.0% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 36% against the previous year. As a result, the export price reached the peak level of $164 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
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 Spain ($348 per ton), while the average price for exports to China ($89 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 Uzbekistan (+3.4%), while the prices for the other major destinations experienced a decline.
Price for Mineral Substances Not Elsewhere Specified or Included in Iran (CIF) - 2022
The average import price for mineral substances not elsewhere specified or includeds stood at $288 per ton in 2022, which is down by -9% against the previous year. In general, the import price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2013 when the average import price increased by 68%. As a result, import price attained the peak level of $1,504 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,809 per ton), while the price for Tajikistan ($12 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced a decline.
Exports of Mineral Substances Not Elsewhere Specified or Included in Iran
In 2022, after two years of decline, there was significant growth in overseas shipments of mineral substances not elsewhere specified or includeds, when their volume increased by 65% to 15K tons. In general, exports, however, faced a dramatic decline.
In value terms, exports of mineral substances not elsewhere specified or includeds soared to $2.4M in 2022. Overall, exports, however, recorded a sharp decline.
| Export of Mineral Substances Not Elsewhere Specified or Included in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 1.0 | 1.0 | 0.2 | 0.7 | -11.2% |
| China | 11.5 | 1.6 | 0.8 | 0.7 | -60.7% |
| Spain | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Uzbekistan | N/A | N/A | N/A | N/A | 0% |
| Others | 1.1 | 1.0 | 0.3 | 0.9 | -6.5% |
| Total | 13.6 | 3.6 | 1.3 | 2.4 | -43.9% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Iran in 2022:
- China (7.8K tons)
- Austria (3.0K tons)
- Uzbekistan (0.3K tons)
- Spain (0.2K tons)
Imports of Mineral Substances Not Elsewhere Specified or Included in Iran
In 2022, the amount of mineral substances not elsewhere specified or includeds imported into Iran soared to 5.8K tons, with an increase of 24% compared with the previous year. Over the period under review, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +4.5% 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 -16.4% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 36% against the previous year. As a result, imports attained the peak of 6.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of mineral substances not elsewhere specified or includeds totaled $1.7M in 2022. Overall, imports, however, recorded a deep contraction.
| Import of Mineral Substances Not Elsewhere Specified or Included in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 29.6 | 104 | 251 | 415 | 141.1% |
| Spain | 615 | 312 | 115 | 299 | -21.4% |
| Italy | 273 | 413 | 368 | 144 | -19.2% |
| Turkey | 84.4 | 212 | 154 | 116 | 11.2% |
| Slovenia | 3.4 | 21.0 | 31.4 | 76.5 | 182.3% |
| Czech Republic | 3.8 | 6.6 | 7.0 | 9.0 | 33.3% |
| Tajikistan | N/A | N/A | N/A | 3.3 | 0% |
| Others | 1,028 | 796 | 547 | 606 | -16.2% |
| Total | 2,037 | 1,864 | 1,473 | 1,669 | -6.4% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Iran in 2022:
- China (2272.8 tons)
- Turkey (1762.3 tons)
- Tajikistan (276.7 tons)
- Spain (267.1 tons)
- Czech Republic (178.8 tons)
- Slovenia (160.9 tons)
- Italy (107.3 tons)
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