Iran: Plant-Growth Regulators Market 2024

Plant-Growth Regulators Market Size in Iran

In 2023, the Iranian plant-growth regulators market was finally on the rise to reach $X after two years of decline. In general, consumption saw moderate growth. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Plant-Growth Regulators Exports

Exports from Iran

In 2023, shipments abroad of plant-growth regulators was finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt contraction. The exports peaked at X tons in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

In value terms, plant-growth regulators exports skyrocketed to $X in 2023. In general, exports, however, showed a abrupt decline. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

Afghanistan (X tons) was the main destination for plant-growth regulators exports from Iran, accounting for a X% share of total exports. Moreover, plant-growth regulators exports to Afghanistan exceeded the volume sent to the second major destination, France (X tons), fourfold. Iraq (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Afghanistan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Iraq (X% per year).

In value terms, the largest markets for plant-growth regulators exported from Iran were Afghanistan ($X), Turkey ($X) and France ($X), together accounting for X% of total exports. Armenia, Iraq, Uzbekistan and Azerbaijan lagged somewhat behind, together comprising a further X%.

Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average plant-growth regulators export price stood at $X per ton in 2023, with an increase of X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Azerbaijan ($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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plant-Growth Regulators Imports

Imports into Iran

In 2023, supplies from abroad of plant-growth regulators was finally on the rise to reach X tons after two years of decline. In general, imports saw a mild increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, plant-growth regulators imports rose notably to $X in 2023. Over the period under review, imports recorded a tangible increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, China (X tons) constituted the largest supplier of plant-growth regulators to Iran, with a X% share of total imports. Moreover, plant-growth regulators imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold. The third position in this ranking was taken by India (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of plant-growth regulators to Iran, comprising X% of total imports. The second position in the ranking was held by Switzerland ($X), with a X% share of total imports. It was followed by Turkey, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2023, the average plant-growth regulators import price amounted to $X per ton, declining by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2022 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then fell dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform