Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Iran - 2022
Contents:
- Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Iran (FOB) - 2022
- Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Iran (CIF) - 2022
- Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Iran
- Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Iran
Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Iran (FOB) - 2022
In 2022, the average export price for lac; natural gums, resins, gum-resins and balsamses amounted to $12,915 per ton, falling by -15.5% against the previous year. Overall, the export price recorded a perceptible decline. The pace of growth was the most pronounced in 2014 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices attained the maximum at $18,836 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($64,136 per ton), while the average price for exports to Tunisia ($3,526 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 France (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Lac; Natural Gums, Resins, Gum-Resins and Balsams in Iran (CIF) - 2022
In 2022, the average import price for lac; natural gums, resins, gum-resins and balsamses amounted to $6,516 per ton, rising by 31% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 47% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 India ($10,461 per ton), while the price for Germany ($2,990 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Iran
In 2022, the amount of lac; natural gums, resins, gum-resins and balsamses exported from Iran surged to 1.1K tons, rising by 22% against 2021. Over the period under review, exports continue to indicate pronounced growth. The growth pace was the most rapid in 2021 when exports increased by 72% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of lac; natural gums, resins, gum-resins and balsamses rose slightly to $15M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 87%.
| Export of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.1 | 0.5 | 1.3 | 5.1 | 270.8% |
| Germany | 4.5 | 2.4 | 4.7 | 2.4 | -18.9% |
| United Kingdom | 0.9 | 0.6 | 0.8 | 1.5 | 18.6% |
| Austria | 0.1 | N/A | N/A | 0.5 | 71.0% |
| France | 1.7 | 0.5 | 0.4 | 0.4 | -38.3% |
| Tunisia | N/A | N/A | N/A | 0.1 | 0% |
| Afghanistan | 0.2 | N/A | N/A | N/A | 0% |
| Others | 7.6 | 3.7 | 7.2 | 4.9 | -13.6% |
| Total | 15.1 | 7.7 | 14.4 | 14.8 | -0.7% |
Top Export Markets for Lac; Natural Gums, Resins, Gum-Resins and Balsams from Iran in 2022:
- India (583.9 tons)
- Germany (197.2 tons)
- United Kingdom (60.3 tons)
- Austria (17.4 tons)
- Tunisia (14.5 tons)
- France (10.7 tons)
Imports of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Iran
In 2022, the amount of lac; natural gums, resins, gum-resins and balsamses imported into Iran fell notably to 553 tons, reducing by -22% compared with the year before. Overall, imports recorded a abrupt setback. The smallest decline of -0.7% was in 2021.
In value terms, imports of lac; natural gums, resins, gum-resins and balsamses rose to $3.6M in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 7.5%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Lac; Natural Gums, Resins, Gum-Resins and Balsams in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 929 | 597 | 539 | 973 | 1.6% |
| India | 323 | 578 | 1,356 | 813 | 36.0% |
| United Arab Emirates | 370 | 660 | 425 | 353 | -1.6% |
| Turkey | 86.6 | 88.2 | 127 | 137 | 16.5% |
| Germany | 247 | 136 | 117 | 84.7 | -30.0% |
| Indonesia | N/A | 163 | 34.0 | N/A | -79.1% |
| Italy | 67.6 | 144 | 97.5 | N/A | 20.1% |
| Others | 1,303 | 921 | 836 | 1,245 | -1.5% |
| Total | 3,326 | 3,287 | 3,532 | 3,605 | 2.7% |
Top Suppliers of Lac; Natural Gums, Resins, Gum-Resins and Balsams to Iran in 2022:
- France (148.0 tons)
- United Arab Emirates (85.6 tons)
- India (77.7 tons)
- Germany (28.3 tons)
- Turkey (25.0 tons)
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