Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Iran - 2022

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Iran (FOB) - 2022
  2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Iran (CIF) - 2022
  3. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Iran
  4. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Iran

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Iran (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $3,390 per unit, picking up by 19% against the previous year. Over the last one-year period, it increased at an average annual rate of +18.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2021 to 2022, the rate of growth in terms of prices for Bahrain amounted to +18.5% per year.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Iran (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $683 per unit, with an increase of 143% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. Over the period under review, average import prices hit record highs at $1,570 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Spain ($881 per unit), while the price for China ($10 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-2.8%), while the prices for the other major suppliers experienced a decline.

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Iran

In 2022, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses from Iran declined remarkably to 5 units, waning by -80% against the previous year's figure. Over the period under review, exports faced a sharp downturn. Over the period under review, the exports of reached the peak figure at 25 units in 2021, and then fell markedly in the following year.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses contracted notably to $17K in 2022. In general, exports faced a dramatic curtailment. The exports peaked at $72K in 2021, and then shrank rapidly in the following year.

Export of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Iran (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Bahrain71.517.0-76.2%
OthersN/AN/A0%
Total71.517.0-76.2%

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from Iran in 2022:

  1. Bahrain (5.0 units)

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Iran

In 2022, after two years of decline, there was significant growth in overseas purchases of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses, when their volume increased by 150% to 10 units. Over the period under review, imports, however, continue to indicate a noticeable decrease. Imports peaked at 11 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses surged to $6.8K in 2022. Overall, imports, however, continue to indicate a precipitous shrinkage. Imports peaked at $13K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain12.45.41.06.2-20.6%
Turkey0.70.40.10.6-5.0%
Italy0.30.1N/A0.1-30.7%
ChinaN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total13.55.91.16.8-20.4%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Iran in 2022:

  1. Spain (7.0 units)
  2. Turkey (1.0 units)
  3. Italy (1.0 units)
  4. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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