Iran - Electric Accumulators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAccumulator Price in Iran - 2021
Contents:
- Accumulator Price in Iran (FOB) - 2022
- Accumulator Price in Iran (CIF) - 2022
- Accumulator Exports in Iran
- Accumulator Imports in Iran
Accumulator Price in Iran (FOB) - 2022
In 2022, the average accumulator export price amounted to $50 per unit, falling by -2.8% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 21% against the previous year. Over the period under review, the average export prices hit record highs at $54 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($59 per unit) and Syrian Arab Republic ($52 per unit), while the average price for exports to Tajikistan ($50 per unit) and Turkmenistan ($50 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Accumulator Price in Iran (CIF) - 2022
In 2022, the average accumulator import price amounted to $25 per unit, surging by 30% against the previous year. In general, the import price, however, continues to indicate a perceptible setback. The import price peaked at $34 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($53 per unit), while the price for China ($8.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+2.4%), while the prices for the other major suppliers experienced a decline.
Accumulator Exports in Iran
In 2022, shipments abroad of electric accumulators decreased by -3.4% to 397K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 28%. The exports peaked at 411K units in 2021, and then dropped modestly in the following year.
In value terms, accumulator exports fell to $20M in 2022. The total export value increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 30%. The exports peaked at $21M in 2021, and then dropped in the following year.
| Export of Accumulator in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 10.2 | 14.6 | 15.9 | 16.0 | 16.2% |
| Syrian Arab Republic | 0.5 | 0.5 | 1.5 | 1.4 | 40.9% |
| United Arab Emirates | 2.3 | 1.6 | 1.7 | 0.7 | -32.7% |
| Tajikistan | N/A | 0.4 | 0.5 | 0.5 | 11.8% |
| Turkmenistan | 0.2 | 0.5 | 0.4 | 0.4 | 26.0% |
| Others | 1.0 | 0.9 | 1.2 | 0.8 | -7.2% |
| Total | 14.2 | 18.4 | 21.1 | 19.9 | 11.9% |
Top Export Markets for Accumulator from Iran in 2022:
- Afghanistan (321.3K units)
- Syrian Arab Republic (27.4K units)
- United Arab Emirates (11.4K units)
- Tajikistan (11.0K units)
- Turkmenistan (8.3K units)
Accumulator Imports in Iran
For the third consecutive year, Iran recorded decline in purchases abroad of electric accumulators, which decreased by -24.3% to 2M units in 2022. Overall, imports recorded a sharp shrinkage. The smallest decline of -11% was in 2021. Imports peaked at 4.9M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, accumulator imports reduced modestly to $50M in 2022. Over the period under review, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 2.2% against the previous year. Over the period under review, imports attained the maximum at $73M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Accumulator in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 8.3 | 7.6 | 6.7 | 10.5 | 8.2% |
| China | 13.1 | 10.2 | 14.3 | 9.3 | -10.8% |
| United Arab Emirates | 34.9 | 17.9 | 13.7 | 8.0 | -38.8% |
| Indonesia | 0.5 | 1.4 | 1.9 | 3.7 | 94.9% |
| South Korea | 0.6 | 1.6 | 0.5 | 2.1 | 51.8% |
| Turkey | 1.5 | 1.1 | 1.7 | 1.9 | 8.2% |
| Kuwait | 0.2 | 0.6 | 0.9 | 1.3 | 86.6% |
| Others | 13.6 | 9.5 | 11.3 | 13.6 | 0.0% |
| Total | 72.7 | 49.8 | 51.0 | 50.3 | -11.6% |
Top Suppliers of Accumulator to Iran in 2022:
- China (1045.8K units)
- Thailand (288.8K units)
- United Arab Emirates (152.0K units)
- Indonesia (102.4K units)
- Turkey (91.6K units)
- South Korea (63.1K units)
- Kuwait (31.9K units)
This report provides an in-depth analysis of the accumulator 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 27202100 - Lead-acid accumulators for starting piston engines
- Prodcom 27202210 -
- Prodcom 27202250 -
- Prodcom 27202300 - Nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer, nickel-iron and other electric accumulators
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
-
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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