Iran: Aniline Market 2024

Aniline Market Size in Iran

In 2022, the Iranian aniline market was finally on the rise to reach $X after five years of decline. Overall, consumption, however, showed a noticeable reduction. Aniline consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Aniline Production in Iran

In value terms, aniline production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 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 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Aniline Exports

Exports from Iran

In 2022, after ten years of growth, there was significant decline in overseas shipments of aniline and its salts (excluding derivatives), when their volume decreased by X% to X tons. Overall, exports, however, continue to indicate strong growth. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then declined notably in the following year.

In value terms, aniline exports contracted sharply to $X in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then declined markedly in the following year.

Exports by Country

India (X tons), Kazakhstan (X tons) and Iraq (X tons) were the main destinations of aniline exports from Iran, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iraq (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aniline exported from Iran were Kazakhstan ($X), India ($X) and Iraq ($X).

In terms of the main countries of destination, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average aniline export price amounted to $X per ton, picking up by X% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aniline export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Iraq ($X 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 India (X%).

Aniline Imports

Imports into Iran

In 2022, supplies from abroad of aniline and its salts (excluding derivatives) increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, aniline imports soared to $X in 2022. Over the period under review, imports, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of aniline to Iran, accounting for a X% share of total imports. Moreover, aniline imports from India exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), twofold. Turkey (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

In value terms, the largest aniline suppliers to Iran were India ($X), the United Arab Emirates ($X) and Turkey ($X), together comprising X% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average aniline import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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