Price for Railway or Tramway Track Constructions of Iron or Steel in Iran - 2022

Contents:

  1. Price for Railway or Tramway Track Constructions of Iron or Steel in Iran (CIF) - 2022
  2. Price for Railway or Tramway Track Constructions of Iron or Steel in Iran (FOB) - 2022
  3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Iran
  4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Iran

Price for Railway or Tramway Track Constructions of Iron or Steel in Iran (CIF) - 2022

The average import price for railway or tramway track constructions of iron or steel stood at $1,191 per ton in 2022, which is down by -4.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2019 an increase of 38% against the previous year. As a result, import price attained the peak level of $1,377 per ton. From 2020 to 2022, the average 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 Ukraine ($3,035 per ton), while the price for Georgia ($204 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Iran (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $1,214 per ton in 2022, growing by 9.9% against the previous year. Over the period under review, the export price, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2014 when the average export price increased by 44%. As a result, the export price attained the peak level of $3,615 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($3,880 per ton), while the average price for exports to Afghanistan ($780 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 Pakistan (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Iran

Imports of railway or tramway track constructions of iron or steel into Iran fell sharply to 1.3K tons in 2022, waning by -66.1% compared with 2021 figures. Over the period under review, imports showed a sharp descent. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of 3.7K tons, and then shrank sharply in the following year.

In value terms, imports of railway or tramway track constructions of iron or steel fell rapidly to $1.5M in 2022. In general, imports continue to indicate a significant curtailment. The growth pace was the most rapid in 2021 with an increase of 39%. As a result, imports reached the peak of $4.7M, and then contracted dramatically in the following year.

Import of Railway or Tramway Track Constructions of Iron or Steel in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France793555717322-25.9%
Japan590376439178-32.9%
Ukraine11614416364.0-18.0%
Bulgaria75.179.012851.6-11.8%
Russia21977.281.543.9-41.5%
China3206181,11935.5-52.0%
Poland54.367.180.133.2-15.1%
Turkey29919523531.7-52.7%
Austria15132.865.028.3-42.8%
Slovenia32413310117.4-62.3%
Armenia5.73.146.813.433.0%
Spain60.85.814.18.6-47.9%
Georgia23.918.130.46.5-35.2%
Others1,6131,0761,464678-25.1%
Total4,6433,3804,6831,512-31.2%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Iran in 2022:

  1. Japan (534.3 tons)
  2. France (151.8 tons)
  3. Russia (91.0 tons)
  4. Austria (83.0 tons)
  5. Bulgaria (74.5 tons)
  6. Armenia (58.9 tons)
  7. Poland (47.2 tons)
  8. Turkey (42.2 tons)
  9. Georgia (31.6 tons)
  10. China (28.9 tons)
  11. Ukraine (21.1 tons)
  12. Slovenia (19.4 tons)
  13. Spain (19.3 tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Iran

After three years of growth, shipments abroad of railway or tramway track constructions of iron or steel decreased by -20% to 29 tons in 2022. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 135% against the previous year.

In value terms, exports of railway or tramway track constructions of iron or steel reduced to $35K in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -22.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 66% against the previous year. As a result, the exports reached the peak of $45K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Railway or Tramway Track Constructions of Iron or Steel in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan10.016.116.816.317.7%
Turkey4.46.15.54.61.5%
Azerbaijan3.75.35.04.35.1%
Iraq1.09.06.34.160.1%
Sri Lanka2.23.23.02.77.1%
United Arab Emirates2.22.41.70.9-25.8%
Armenia0.40.60.60.720.5%
Others3.42.51.01.4-25.6%
Total27.345.239.835.08.6%

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Iran in 2022:

  1. Afghanistan (20.9 tons)
  2. Iraq (2.7 tons)
  3. Turkey (2.1 tons)
  4. Azerbaijan (1.1 tons)
  5. Sri Lanka (0.7 tons)
  6. Armenia (0.3 tons)
  7. United Arab Emirates (0.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Railway or tramway track constructions of iron or steel - Iran