Speed Changer Price in Iran - 2022
Contents:
- Speed Changer Price in Iran (CIF) - 2022
- Speed Changer Price in Iran (FOB) - 2022
- Speed Changer Imports in Iran
- Speed Changer Exports in Iran
Speed Changer Price in Iran (CIF) - 2022
The average speed changer import price stood at $12,262 per ton in 2022, reducing by -6.3% against the previous year. In general, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21%. Over the period under review, average import prices hit record highs at $15,888 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($30,197 per ton), while the price for Turkey ($6,713 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Speed Changer Price in Iran (FOB) - 2022
The average speed changer export price stood at $7,160 per ton in 2022, growing by 11% against the previous year. In general, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 608% against the previous year. The export price peaked at $16,830 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($15,656 per ton), while the average price for exports to Turkey ($4,790 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Speed Changer Imports in Iran
In 2022, after three years of growth, there was significant decline in purchases abroad of speed changers, industrial high-speed drives and gear, when their volume decreased by -18.2% to 8.8K tons. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 55%. As a result, imports reached the peak of 11K tons, and then declined dramatically in the following year.
In value terms, speed changer imports reduced remarkably to $107M in 2022. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 88%. As a result, imports reached the peak of $140M, and then contracted rapidly in the following year.
| Import of Speed Changer in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.8 | 51.2 | 95.1 | 75.7 | 59.1% |
| Germany | 13.8 | 5.9 | 7.9 | 6.4 | -22.6% |
| Turkey | 7.0 | 7.7 | 10.2 | 5.3 | -8.9% |
| Czech Republic | 1.3 | 0.1 | 0.5 | 1.7 | 9.4% |
| Italy | 2.4 | 2.6 | 2.5 | 1.6 | -12.6% |
| Netherlands | 4.6 | 1.9 | 0.3 | 1.4 | -32.7% |
| Others | 4.3 | 5.4 | 23.8 | 15.3 | 52.7% |
| Total | 52.2 | 74.7 | 140 | 107 | 27.0% |
Top Suppliers of Speed Changer to Iran in 2022:
- China (6.8K tons)
- Turkey (0.8K tons)
- Czech Republic (0.2K tons)
- Germany (0.2K tons)
- Netherlands (0.1K tons)
- Italy (0.1K tons)
Speed Changer Exports in Iran
Speed changer exports from Iran expanded slightly to 80 tons in 2022, with an increase of 4% compared with 2021. The total export volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, the exports attained the peak of 87 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, speed changer exports skyrocketed to $576K in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 127%. As a result, the exports reached the peak of $651K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Speed Changer in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 174 | 284 | 102 | 230 | 9.7% |
| Georgia | 21.1 | 0.5 | 40.1 | 129 | 82.9% |
| Germany | 2.6 | 181 | 35.6 | 43.8 | 156.4% |
| Azerbaijan | 30.8 | 12.3 | 41.9 | 42.9 | 11.7% |
| Armenia | N/A | 24.0 | 36.4 | 28.6 | 9.2% |
| Canada | 0.2 | N/A | N/A | 21.6 | 376.2% |
| Uzbekistan | 0.6 | 0.8 | 5.5 | 12.9 | 178.1% |
| Kazakhstan | 1.3 | 16.8 | N/A | N/A | 1192.3% |
| Sri Lanka | 0.6 | N/A | 147 | N/A | 1465.2% |
| United Arab Emirates | 1.1 | N/A | 27.2 | N/A | 397.3% |
| Others | 53.6 | 132 | 64.6 | 67.3 | 7.9% |
| Total | 286 | 651 | 500 | 576 | 26.3% |
Top Export Markets for Speed Changer from Iran in 2022:
- Turkey (47.9 tons)
- Georgia (11.7 tons)
- Azerbaijan (7.3 tons)
- Armenia (4.7 tons)
- Germany (2.9 tons)
- Uzbekistan (1.7 tons)
- Canada (1.4 tons)
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