Price for Poly(Lactic Acid); in Primary Forms in Iran - 2021

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Iran (CIF) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in Iran (FOB) - 2022
  3. Imports of Poly(Lactic Acid); in Primary Forms in Iran
  4. Exports of Poly(Lactic Acid); in Primary Forms in Iran

Price for Poly(Lactic Acid); in Primary Forms in Iran (CIF) - 2022

In 2022, the average import price for poly(lactic acid); in primary formses amounted to $4,590 per ton, growing by 3.8% against the previous year. In general, the import price posted strong growth. The most prominent rate of growth was recorded in 2018 an increase of 86% against the previous year. As a result, import price reached the peak level of $5,576 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 ($7,503 per ton), while the price for Belgium ($3,730 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Poly(Lactic Acid); in Primary Forms in Iran (FOB) - 2022

In 2021, the average export price for poly(lactic acid); in primary formses amounted to $1,413 per ton, jumping by 22% against the previous year. Over the period under review, the export price, however, recorded a perceptible decrease. The export price peaked at $1,824 per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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

From 2013 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Poly(Lactic Acid); in Primary Forms in Iran

In 2022, poly(lactic acid); in primary forms imports into Iran skyrocketed to 87 tons, rising by 57% compared with the previous year. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 113%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, poly(lactic acid); in primary forms imports soared to $399K in 2022. In general, imports showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 170%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Poly(Lactic Acid); in Primary Forms in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/A16731789.8%
Belgium1.327.448.430.1185.0%
Turkey0.20.94.421.4374.7%
Austria12.218.620.712.20.0%
China4.32.33.96.011.7%
Others26.441.50.112.2-22.7%
Total44.490.7245399107.9%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Iran in 2022:

  1. Switzerland (69.6 tons)
  2. Belgium (8.1 tons)
  3. Turkey (2.9 tons)
  4. Austria (2.7 tons)
  5. China (1.1 tons)

Exports of Poly(Lactic Acid); in Primary Forms in Iran

In 2021, approx. 10 tons of poly(lactic acid); in primary formses were exported from Iran; waning by -38.3% against the year before. In general, exports showed a sharp descent.

In value terms, poly(lactic acid); in primary forms exports declined notably to $14K in 2021. Overall, exports saw a sharp setback.

Export of Poly(Lactic Acid); in Primary Forms in Iran (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
AfghanistanN/A14.20%
Tajikistan18.9N/A0%
OthersN/AN/A0%
Total18.914.2-24.9%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from Iran in 2022:

  1. Afghanistan (10.1 tons)

Source: IndexBox Market Intelligence Platform

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