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Iran - Glycerol - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIran: Glycerol Market 2024
Glycerol Market Size in Iran
The Iranian glycerol market contracted modestly to $X in 2023, waning by X% against the previous year. Over the period under review, consumption, however, posted perceptible growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.
Glycerol Production in Iran
In value terms, glycerol production stood at $X in 2023 estimated in export price. Overall, the total production indicated a moderate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2023, production growth failed to regain momentum.
Glycerol Exports
Exports from Iran
In 2023, after two years of growth, there was significant decline in overseas shipments of glycerol, when their volume decreased by X% to X tons. Over the period under review, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X tons in 2022, and then reduced rapidly in the following year.
In value terms, glycerol exports dropped notably to $X in 2023. In general, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at $X in 2022, and then contracted significantly in the following year.
Exports by Country
Malaysia (X tons) was the main destination for glycerol exports from Iran, accounting for a X% share of total exports. Moreover, glycerol exports to Malaysia exceeded the volume sent to the second major destination, Pakistan (X tons), twofold. The third position in this ranking was held by Turkey (X tons), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Malaysia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (X% per year) and Turkey (X% per year).
In value terms, Malaysia ($X), Iraq ($X) and Pakistan ($X) constituted the largest markets for glycerol exported from Iran worldwide, with a combined X% share of total exports. Turkey, Armenia, Azerbaijan, Afghanistan and Turkmenistan lagged somewhat behind, together accounting for a further X%.
In terms of the main countries of destination, Afghanistan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the average glycerol export price amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2023, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Armenia ($X per ton), while the average price for exports to Pakistan ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (X%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Imports
Imports into Iran
Glycerol imports into Iran dropped to X tons in 2023, waning by X% compared with the year before. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.
In value terms, glycerol imports reached $X in 2023. In general, imports, however, continue to indicate a moderate expansion. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2023, the growth of imports remained at a lower figure.
Imports by Country
Malaysia (X tons), the United Arab Emirates (X tons) and South Korea (X tons) were the main suppliers of glycerol imports to Iran, together accounting for X% of total imports. Indonesia, Thailand, Turkey, Italy, Spain, India, Singapore, Bulgaria, Cyprus and the Philippines lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Indonesia ($X), Malaysia ($X) and the United Arab Emirates ($X) appeared to be the largest glycerol suppliers to Iran, with a combined X% share of total imports. India, South Korea, Thailand, Italy, Turkey, Singapore, Spain, Cyprus, Bulgaria and the Philippines lagged somewhat behind, together accounting for a further X%.
In terms of the main suppliers, Italy, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average glycerol import price amounted to $X per ton, surging by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was India ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the glycerol market in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20142360 - Glycerol (including synthetic, excluding crude, waters and lyes)
- Prodcom 20411000 - Glycerol (glycerine), crude, glycerol waters and glycerol lyes
Country coverage:
- Iran
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Iran
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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