Report Update: May 1, 2024

Iran - Sanitary Ware And Parts Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Price for Iron or Steel Sanitary Ware in Iran - 2022

Price for Iron or Steel Sanitary Ware in Iran (CIF) - 2022

The average import price for sanitary ware and parts of iron or steel stood at $4.5 per unit in 2022, surging by 3.3% against the previous year. In general, the import price recorded a pronounced expansion. The most prominent rate of growth was recorded in 2013 an increase of 141% against the previous year. The import price peaked at $8.5 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($6.4 per unit), while the price for the United Arab Emirates ($2.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Sanitary Ware in Iran (FOB) - 2022

In 2022, the average export price for sanitary ware and parts of iron or steel amounted to $1.6 per unit, falling by -2.4% against the previous year. Overall, the export price saw a perceptible descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 63%. Over the period under review, the average export prices attained the maximum at $2.5 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 Azerbaijan ($2.3 per unit), while the average price for exports to Kyrgyzstan ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Sanitary Ware in Iran

After three years of growth, overseas purchases of sanitary ware and parts of iron or steel decreased by -12.4% to 1.2M units in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of 1.4M units, and then shrank in the following year.

In value terms, iron or steel sanitary ware imports dropped to $5.5M in 2022. The total import value increased at an average annual rate of +9.1% 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 2021 when imports increased by 24% against the previous year. As a result, imports attained the peak of $6.1M, and then fell in the following year.

Import of Iron or Steel Sanitary Ware in Iran (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2.5	3.4	4.4	4.8	24.3%
United Arab Emirates	0.2	0.3	0.8	0.3	14.5%
Turkey	0.5	0.5	0.1	N/A	-55.3%
Others	1.0	0.7	0.7	0.3	-33.1%
Total	4.2	4.9	6.1	5.5	9.4%

Top Suppliers of Iron or Steel Sanitary Ware to Iran in 2022:

China (1053.9K units)
United Arab Emirates (115.4K units)
Turkey (7.5K units)

Exports of Iron or Steel Sanitary Ware in Iran

In 2022, approx. 195K units of sanitary ware and parts of iron or steel were exported from Iran; jumping by 46% compared with 2021. Over the period under review, total exports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -23.9% against 2020 indices. Over the period under review, the exports hit record highs at 256K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, iron or steel sanitary ware exports skyrocketed to $303K in 2022. In general, exports saw a relatively flat trend pattern. The exports peaked at $392K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Iron or Steel Sanitary Ware in Iran (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Iraq	214	295	112	196	-2.9%
United Arab Emirates	21.9	0.9	26.8	25.2	4.8%
Azerbaijan	2.7	6.0	2.5	21.5	99.7%
Turkey	41.6	48.1	23.6	20.2	-21.4%
Armenia	0.6	0.8	0.6	11.7	169.2%
Afghanistan	5.0	8.9	4.6	5.8	5.1%
Oman	0.6	0.9	0.9	4.6	97.2%
Others	16.4	32.2	41.6	17.3	1.8%
Total	302	392	213	303	0.1%

Top Export Markets for Iron or Steel Sanitary Ware from Iran in 2022:

Iraq (124.5K units)
Turkey (20.9K units)
United Arab Emirates (15.2K units)
Azerbaijan (9.2K units)
Armenia (6.4K units)
Oman (5.1K units)
Afghanistan (3.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for iron or steel sanitary ware 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 25991131 - Sanitary ware and parts of sanitary ware of iron or steel

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023