Waxes; Artificial, Prepared Price in Iran - 2021
Contents:
- Waxes; Artificial, Prepared Price in Iran (CIF) - 2022
- Waxes; Artificial, Prepared Price in Iran (FOB) - 2022
- Waxes; Artificial, Prepared Imports in Iran
- Waxes; Artificial, Prepared Exports in Iran
Waxes; Artificial, Prepared Price in Iran (CIF) - 2022
The average waxes; artificial, prepared import price stood at $3,489 per ton in 2022, falling by -8.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2018 an increase of 23%. Over the period under review, average import prices attained the peak figure at $3,805 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,535 per ton), while the price for Spain ($1,938 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Waxes; Artificial, Prepared Price in Iran (FOB) - 2022
The average waxes; artificial, prepared export price stood at $867 per ton in 2022, declining by -11.3% against the previous year. In general, the export price saw a noticeable descent. The most prominent rate of growth was recorded in 2021 an increase of 30% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,278 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($965 per ton), while the average price for exports to China ($500 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 Italy (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.
Waxes; Artificial, Prepared Imports in Iran
In 2022, approx. 2.8K tons of waxes; artificial, prepared were imported into Iran; growing by 86% on 2021. Over the period under review, imports, however, showed a abrupt shrinkage.
In value terms, waxes; artificial, prepared imports skyrocketed to $9.8M in 2022. Overall, imports, however, continue to indicate a perceptible contraction.
| Import of Waxes; Artificial, Prepared in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,485 | 1,823 | 877 | 2,741 | 22.7% |
| Germany | 1,397 | 3,030 | 1,027 | 1,774 | 8.3% |
| United Arab Emirates | 1,722 | 866 | 237 | 888 | -19.8% |
| China | 791 | 2,512 | 766 | 516 | -13.3% |
| Belgium | 197 | 69.0 | 98.4 | 309 | 16.2% |
| Italy | 356 | 437 | 230 | 262 | -9.7% |
| Poland | 248 | 284 | 139 | 134 | -18.6% |
| Malaysia | 128 | 10.9 | 149 | 69.6 | -18.4% |
| India | 1,265 | 136 | N/A | 35.2 | -69.7% |
| South Korea | 305 | 75.6 | 57.1 | N/A | -56.7% |
| Others | 3,162 | 4,594 | 2,157 | 3,057 | -1.1% |
| Total | 11,056 | 13,838 | 5,736 | 9,787 | -4.0% |
Top Suppliers of Waxes; Artificial, Prepared to Iran in 2022:
- Turkey (917.3 tons)
- Germany (391.2 tons)
- United Arab Emirates (247.5 tons)
- China (183.6 tons)
- Belgium (112.2 tons)
- Italy (77.0 tons)
- Poland (38.5 tons)
- Malaysia (36.6 tons)
- India (15.1 tons)
Waxes; Artificial, Prepared Exports in Iran
In 2022, approx. 10K tons of waxes; artificial, prepared were exported from Iran; flattening at the previous year. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -1.0% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 49%. As a result, the exports reached the peak of 10K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, waxes; artificial, prepared exports contracted to $9M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year.
| Export of Waxes; Artificial, Prepared in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 3.3 | 3.2 | 4.9 | 6.3 | 24.1% |
| Italy | N/A | N/A | N/A | 0.6 | 0% |
| Poland | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Uzbekistan | N/A | N/A | 0.2 | 0.4 | 100.0% |
| Thailand | 0.4 | 0.2 | 0.8 | 0.1 | -37.0% |
| China | 1.8 | 4.1 | 2.9 | N/A | 26.9% |
| Others | 0.3 | 0.3 | 1.2 | 1.2 | 58.7% |
| Total | 5.8 | 7.9 | 10.1 | 9.0 | 15.8% |
Top Export Markets for Waxes; Artificial, Prepared from Iran in 2022:
- China (undefinedK tons)
- Turkey (7.2K tons)
- Italy (0.7K tons)
- Uzbekistan (0.5K tons)
- Poland (0.4K tons)
- Thailand (0.1K tons)
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