Iran - Glycerol - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlycerol Price in Iran - 2021
Contents:
- Glycerol Price in Iran (CIF) - 2022
- Glycerol Price in Iran (FOB) - 2022
- Glycerol Imports in Iran
- Glycerol Exports in Iran
Glycerol Price in Iran (CIF) - 2022
In 2022, the average glycerol import price amounted to $832 per ton, dropping by -10.1% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27%. As a result, import price reached the peak level of $926 per ton, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,315 per ton), while the price for Bulgaria ($182 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Price in Iran (FOB) - 2022
In 2022, the average glycerol export price amounted to $968 per ton, waning by -5.9% against the previous year. Over the period under review, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2016 an increase of 230%. As a result, the export price attained the peak level of $3,481 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
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 Turkey ($1,975 per ton), while the average price for exports to Turkmenistan ($522 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 Poland (+39.7%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Imports in Iran
In 2022, the amount of glycerol imported into Iran skyrocketed to 27K tons, picking up by 29% compared with the previous year. In general, imports, however, saw a perceptible descent.
In value terms, glycerol imports soared to $23M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 25% against the previous year. As a result, imports attained the peak of $26M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Glycerol in Iran (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 1.6 | 5.1 | 3.0 | 3.4 | 28.6% |
Indonesia | 1.2 | 0.8 | 1.7 | 3.3 | 40.1% |
Malaysia | 4.6 | 6.2 | 2.2 | 2.6 | -17.3% |
United Arab Emirates | 3.4 | 3.8 | 2.4 | 2.4 | -11.0% |
Italy | 2.2 | 1.9 | 2.6 | 2.0 | -3.1% |
India | 0.9 | 1.3 | 1.2 | 1.6 | 21.1% |
South Korea | 1.5 | 1.3 | 1.8 | 1.1 | -9.8% |
Thailand | 0.8 | 1.1 | 0.6 | 0.8 | 0.0% |
Singapore | 1.0 | 1.2 | 0.5 | 0.4 | -26.3% |
Spain | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
Cyprus | 0.6 | 0.4 | 0.3 | 0.2 | -30.7% |
Philippines | 0.2 | 0.1 | N/A | 0.1 | -20.6% |
Bulgaria | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
Others | 2.3 | 2.3 | 3.1 | 4.5 | 25.1% |
Total | 20.7 | 25.9 | 19.7 | 22.8 | 3.3% |
Top Suppliers of Glycerol to Iran in 2022:
- Malaysia (3.2K tons)
- Indonesia (3.1K tons)
- Turkey (3.0K tons)
- Italy (2.3K tons)
- South Korea (2.3K tons)
- United Arab Emirates (1.9K tons)
- India (1.2K tons)
- Thailand (1.2K tons)
- Singapore (1.0K tons)
- Spain (0.8K tons)
- Cyprus (0.5K tons)
- Bulgaria (0.5K tons)
- Philippines (0.4K tons)
Glycerol Exports in Iran
Glycerol exports from Iran contracted significantly to 38 tons in 2022, reducing by -28.7% on 2021. In general, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 172%.
In value terms, glycerol exports declined significantly to $37K in 2022. Over the period under review, exports showed a precipitous setback. The pace of growth appeared the most rapid in 2021 when exports increased by 193% against the previous year.
Export of Glycerol in Iran (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iraq | 45.3 | 10.4 | 27.0 | 16.8 | -28.2% |
Malaysia | N/A | N/A | N/A | 3.8 | 0% |
Poland | N/A | N/A | N/A | 2.2 | 0% |
Turkey | N/A | N/A | N/A | 2.0 | 0% |
Afghanistan | 23.4 | 5.1 | 4.4 | 1.7 | -58.3% |
Pakistan | 1.7 | 0.8 | 11.7 | 1.6 | -2.0% |
Turkmenistan | 10.6 | 0.2 | 0.5 | 0.4 | -66.5% |
Azerbaijan | 6.4 | 0.8 | 1.1 | 0.3 | -63.9% |
Lebanon | N/A | N/A | 4.5 | N/A | 0% |
Others | 5.7 | 1.3 | 5.2 | 7.6 | 10.1% |
Total | 93.1 | 18.6 | 54.5 | 36.5 | -26.8% |
Top Export Markets for Glycerol from Iran in 2022:
- Iraq (12.4 tons)
- Malaysia (5.8 tons)
- Poland (2.8 tons)
- Pakistan (2.7 tons)
- Afghanistan (2.2 tons)
- Turkey (1.0 tons)
- Turkmenistan (0.8 tons)
- Azerbaijan (0.3 tons)
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
-
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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