Iran: Cement Clinker Market 2024

Cement Clinker Market Size in Iran

The Iranian cement clinker market totaled $X in 2022, picking up by X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Cement clinker consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Cement Clinker Production in Iran

In value terms, cement clinker production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Cement Clinker Exports

Exports from Iran

In 2022, exports of cement clinker from Iran dropped remarkably to X tons, shrinking by X% on 2021 figures. Overall, exports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, cement clinker exports dropped significantly to $X in 2022. Over the period under review, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then dropped notably in the following year.

Exports by Country

Kuwait (X tons) was the main destination for cement clinker exports from Iran, accounting for a X% share of total exports. Moreover, cement clinker exports to Kuwait exceeded the volume sent to the second major destination, Iraq (X tons), twofold. The third position in this ranking was taken by Bangladesh (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Kuwait stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and Bangladesh (X% per year).

In value terms, the largest markets for cement clinker exported from Iran were Kuwait ($X), Iraq ($X) and Bangladesh ($X), with a combined X% share of total exports. China, the United Arab Emirates, Sri Lanka and Azerbaijan lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Sri Lanka, 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

The average cement clinker export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, export price indicated a measured increase 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, cement clinker export price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to China ($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 Sri Lanka (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cement Clinker Imports

Imports into Iran

In 2022, after three years of growth, there was significant decline in overseas purchases of cement clinker, when their volume decreased by X% to X tons. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, cement clinker imports dropped remarkably to $X in 2022. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons) and the United Arab Emirates (X tons) were the main suppliers of cement clinker imports to Iran.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%).

In value terms, China ($X) constituted the largest supplier of cement clinker to Iran, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest.

Import Prices by Country

In 2022, the average cement clinker import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 ($X per ton), while the price for the United Arab Emirates totaled $X per ton.

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

Source: IndexBox Platform