Iran - Unwrought Aluminium Alloys - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Iran - Unwrought Aluminium Alloys - Market Analysis, Forecast, Size, Trends And Insights

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Unwrought Aluminium Alloys Price in Iran - 2021

Contents:

  1. Unwrought Aluminium Alloys Price in Iran (CIF) - 2022
  2. Unwrought Aluminium Alloys Price in Iran (FOB) - 2022
  3. Unwrought Aluminium Alloys Imports in Iran
  4. Unwrought Aluminium Alloys Exports in Iran

Unwrought Aluminium Alloys Price in Iran (CIF) - 2022

In 2022, the average unwrought aluminium alloys import price amounted to $1,768 per ton, reducing by -3.7% against the previous year. Overall, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 an increase of 8%. The import price peaked at $2,380 per ton in 2012; however, from 2013 to 2022, 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 China ($5,401 per ton), while the price for Kazakhstan ($914 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Unwrought Aluminium Alloys Price in Iran (FOB) - 2022

In 2022, the average unwrought aluminium alloys export price amounted to $2,776 per ton, shrinking by -10.4% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unwrought aluminium alloys export price increased by +58.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 77%. As a result, the export price reached the peak level of $3,098 per ton, and then fell in the following year.

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 Turkey ($2,821 per ton), while the average price for exports to Malaysia totaled $1,267 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Unwrought Aluminium Alloys Imports in Iran

In 2022, supplies from abroad of unwrought aluminium alloys decreased by -0.9% to 39K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 9.2% against the previous year.

In value terms, unwrought aluminium alloys imports declined to $68M in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 10%. As a result, imports reached the peak of $72M, and then declined modestly in the following year.

Import of Unwrought Aluminium Alloys in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Armenia40.614.155.544.02.7%
KazakhstanN/AN/AN/A9.40%
China8.23.114.26.5-7.5%
Azerbaijan5.129.5N/A4.3-5.5%
United Arab EmiratesN/AN/AN/A4.10%
OmanN/A7.5N/AN/A0%
Turkey5.610.91.9N/A-41.8%
Others1.9N/AN/AN/A0%
Total61.565.171.668.43.6%

Top Suppliers of Unwrought Aluminium Alloys to Iran in 2022:

  1. Armenia (23.8K tons)
  2. Kazakhstan (10.3K tons)
  3. United Arab Emirates (1.7K tons)
  4. Azerbaijan (1.6K tons)
  5. China (1.2K tons)

Unwrought Aluminium Alloys Exports in Iran

In 2022, after three years of growth, there was significant decline in overseas shipments of unwrought aluminium alloys, when their volume decreased by -34.1% to 4.9K tons. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 212%. As a result, the exports reached the peak of 7.5K tons, and then reduced sharply in the following year.

In value terms, unwrought aluminium alloys exports contracted markedly to $14M in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 453% against the previous year. As a result, the exports reached the peak of $23M, and then contracted rapidly in the following year.

Export of Unwrought Aluminium Alloys in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2.43.822.713.176.1%
MalaysiaN/AN/AN/A0.10%
China0.80.2N/AN/A-75.0%
Others0.10.10.30.458.7%
Total3.34.223.113.660.3%

Top Export Markets for Unwrought Aluminium Alloys from Iran in 2022:

  1. Turkey (4.7K tons)
  2. Malaysia (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the unwrought aluminium alloys market in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

  • Prodcom 24421154 - Unwrought aluminium alloys (excluding aluminium powders and flakes)

Country coverage:

  • Iran

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Iran
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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