Iran: Disc Harrow Market 2022

Disc Harrow Market Size in Iran

The Iranian disc harrow market shrank to $X in 2021, dropping by -X% against the previous year. Overall, consumption, however, recorded perceptible growth. Disc harrow consumption peaked at $X in 2020, and then fell in the following year.

Disc Harrow Production in Iran

In value terms, disc harrow production fell to $X in 2021 estimated in export price. In general, production, however, recorded temperate growth. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2020, and then declined in the following year.

Disc Harrow Exports

Exports from Iran

In 2021, overseas shipments of disc harrows increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports, however, faced a dramatic slump. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, disc harrow exports contracted to $X in 2021. Over the period under review, exports, however, continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Venezuela (X units) was the main destination for disc harrow exports from Iran, accounting for a X% share of total exports. Moreover, disc harrow exports to Venezuela exceeded the volume sent to the second major destination, Kazakhstan (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Venezuela amounted to -X%.

In value terms, Venezuela ($X) remains the key foreign market for disc harrow exports from Iran, comprising X% of total exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Venezuela amounted to -X%.

Export Prices by Country

In 2021, the average disc harrow export price amounted to $X per unit, shrinking by -X% against the previous year. Over the period under review, the export price saw a pronounced reduction. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then declined remarkably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Venezuela ($X per unit), while the average price for exports to Kazakhstan amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (-X%).

Disc Harrow Imports

Imports into Iran

In 2021, purchases abroad of disc harrows increased by X% to X units for the first time since 2016, thus ending a four-year declining trend. Over the period under review, imports, however, faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, disc harrow imports surged to $X in 2021. In general, imports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

China (X units), Turkey (X units) and Germany (X units) were the main suppliers of disc harrow imports to Iran, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +X%), while purchases for the other leaders experienced a decline.

In value terms, the largest disc harrow suppliers to Iran were Italy ($X), China ($X) and Turkey ($X), with a combined X% share of total imports.

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

Import Prices by Country

In 2021, the average disc harrow import price amounted to $X per unit, flattening at the previous year. Overall, the import price, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform