Price for Aluminium; Tubes and Pipes in Iran - 2022

Contents:

  1. Price for Aluminium; Tubes and Pipes in Iran (CIF) - 2022
  2. Price for Aluminium; Tubes and Pipes in Iran (FOB) - 2022
  3. Imports of Aluminium; Tubes and Pipes in Iran
  4. Exports of Aluminium; Tubes and Pipes in Iran

Price for Aluminium; Tubes and Pipes in Iran (CIF) - 2022

The average aluminium; tubes and pipes import price stood at $5,475 per ton in 2022, reducing by -3.4% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 15%. The import price peaked at $7,052 per ton in 2014; however, from 2015 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 Singapore ($10,235 per ton), while the price for South Korea ($858 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Tubes and Pipes in Iran (FOB) - 2022

In 2022, the average aluminium; tubes and pipes export price amounted to $2,339 per ton, growing by 27% against the previous year. Over the period under review, the export price, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by 56% against the previous year. The export price peaked at $3,202 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($4,381 per ton), while the average price for exports to Turkey ($1,138 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 Azerbaijan (+11.7%), while the prices for the other major destinations experienced a decline.

Imports of Aluminium; Tubes and Pipes in Iran

In 2022, the amount of aluminium; tubes and pipeses imported into Iran surged to 1.1K tons, picking up by 37% against the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern.

In value terms, aluminium; tubes and pipes imports surged to $5.9M in 2022. In general, imports, however, showed a noticeable shrinkage.

Import of Aluminium; Tubes and Pipes in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,8921,2731,1272,1915.0%
United Arab Emirates2,0182,9661,8192,1011.4%
Singapore1,2171,322800919-8.9%
Spain2883612523345.1%
Italy19117589.186.1-23.3%
Turkey35283016637.7-52.5%
Others382369172190-20.8%
Total6,3417,2954,4245,860-2.6%

Top Suppliers of Aluminium; Tubes and Pipes to Iran in 2022:

  1. China (515.7 tons)
  2. United Arab Emirates (323.7 tons)
  3. Singapore (89.8 tons)
  4. Spain (48.3 tons)
  5. Italy (38.2 tons)
  6. Turkey (18.2 tons)

Exports of Aluminium; Tubes and Pipes in Iran

In 2022, overseas shipments of aluminium; tubes and pipeses decreased by -11.3% to 112 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 265%.

In value terms, aluminium; tubes and pipes exports expanded significantly to $263K in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 297%. As a result, the exports attained the peak of $292K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Aluminium; Tubes and Pipes in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq49.519420623066.9%
Armenia11.163.716.921.123.9%
Azerbaijan1.27.45.56.777.4%
Turkey1.24.71.52.018.6%
Afghanistan3.89.91.31.1-33.8%
Others6.613.02.31.7-36.4%
Total73.529223326353.0%

Top Export Markets for Aluminium; Tubes and Pipes from Iran in 2022:

  1. Iraq (102.6 tons)
  2. Armenia (4.8 tons)
  3. Azerbaijan (1.8 tons)
  4. Turkey (1.7 tons)
  5. Afghanistan (0.5 tons)

Source: IndexBox Market Intelligence Platform

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