Iran: Market for Continuous-Action Elevators And Conveyors 2024

Market Size for Continuous-Action Elevators And Conveyors in Iran

The Iranian continuous-action elevators and conveyors market skyrocketed to $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a perceptible expansion. Continuous-action elevators and conveyors consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Exports of Continuous-Action Elevators And Conveyors

Exports from Iran

In 2022, shipments abroad of continuous-action elevators and conveyors increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports posted strong growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, continuous-action elevators and conveyors exports shrank slightly to $X in 2022. Overall, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Canada (X units), Australia (X units) and Armenia (X units) were the main destinations of continuous-action elevators and conveyors exports from Iran, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Armenia ($X) and Australia ($X) constituted the largest markets for continuous-action elevators and conveyors exported from Iran worldwide, together accounting for X% of total exports.

Australia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination 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 continuous-action elevators and conveyors export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price saw a deep contraction. The pace of growth appeared the most rapid in 2017 an increase of X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Uzbekistan ($X per unit) was amongst the lowest.

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

Imports of Continuous-Action Elevators And Conveyors

Imports into Iran

In 2022, the amount of continuous-action elevators and conveyors imported into Iran skyrocketed to X units, with an increase of X% on the year before. Overall, imports enjoyed buoyant growth. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, continuous-action elevators and conveyors imports soared to $X in 2022. In general, imports enjoyed temperate growth. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X units) constituted the largest continuous-action elevators and conveyors supplier to Iran, accounting for a X% share of total imports. Moreover, continuous-action elevators and conveyors imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. China (X units) 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 Belgium amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

In value terms, Belgium ($X), Germany ($X) and China ($X) constituted the largest continuous-action elevators and conveyors suppliers to Iran, together accounting for X% of total imports. Italy, France, Turkey and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

Among the main suppliers, France, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average continuous-action elevators and conveyors import price amounted to $X per unit, growing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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