Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Iran - 2022

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Iran (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Iran (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Iran
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Iran

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Iran (CIF) - 2022

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $6,413 per ton in 2022, stabilizing at the previous year. Overall, the import price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20%. Over the period under review, average import prices reached the peak figure at $8,994 per ton in 2012; however, from 2013 to 2022, 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 Switzerland ($12,177 per ton), while the price for the United Arab Emirates ($2,192 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Iran (FOB) - 2022

In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $24,737 per ton, flattening at the previous year. In general, the export price, however, posted a prominent increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 59% against the previous year. Over the period under review, the average export prices hit record highs at $24,953 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Burkina Faso ($24,886 per ton), while the average price for exports to Democratic Republic of the Congo amounted to $24,606 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+13.4%).

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Iran

Imports of polymers, natural; alginic acid, its salts and esters, in primary formses into Iran surged to 44 tons in 2022, growing by 147% on the previous year's figure. In general, imports, however, saw a pronounced setback.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses skyrocketed to $285K in 2022. Over the period under review, imports, however, saw a abrupt slump.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Iran in 2022:

1. China (17.5 tons)
2. Italy (8.5 tons)
3. Turkey (5.5 tons)
4. United Arab Emirates (4.6 tons)
5. Austria (2.7 tons)
6. Germany (2.3 tons)
7. Switzerland (1.6 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Iran

In 2022, after three years of growth, there was significant decline in overseas shipments of polymers, natural; alginic acid, its salts and esters, in primary formses, when their volume decreased by -43.4% to 4.5 tons. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 655% against the previous year. As a result, the exports reached the peak of 7.9 tons, and then fell significantly in the following year.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses contracted sharply to $110K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 673% against the previous year. As a result, the exports attained the peak of $195K, and then reduced rapidly in the following year.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Iran in 2022:

1. Democratic Republic of the Congo (2.5 tons)
2. Burkina Faso (1.9 tons)

Source: IndexBox Market Intelligence Platform