Iran: Smoothing Iron Market 2024

Smoothing Iron Market Size in Iran

The Iranian smoothing iron market was finally on the rise to reach $X in 2022, after four years of decline. Over the period under review, consumption, however, continues to indicate a dramatic shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Smoothing Iron Exports

Exports from Iran

In 2022, after two years of decline, there was significant growth in shipments abroad of electric smoothing irons, when their volume increased by X% to X units. In general, exports posted a perceptible expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, smoothing iron exports surged to $X in 2022. Overall, exports posted a modest expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Iraq (X units) was the main destination for smoothing iron exports from Iran, with a X% share of total exports. Moreover, smoothing iron exports to Iraq exceeded the volume sent to the second major destination, Georgia (X units), twofold. The third position in this ranking was taken by Tajikistan (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iraq amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Tajikistan (X% per year).

In value terms, Iraq ($X) remains the key foreign market for electric smoothing irons exports from Iran, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Georgia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Iraq totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Georgia (X% per year).

Export Prices by Country

The average smoothing iron export price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, showed a mild setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Azerbaijan ($X per unit), while the average price for exports to Kenya ($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 Azerbaijan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Smoothing Iron Imports

Imports into Iran

In 2022, supplies from abroad of electric smoothing irons was finally on the rise to reach X units after four years of decline. Over the period under review, imports, however, saw a precipitous decline. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, smoothing iron imports expanded markedly to $X in 2022. In general, imports, however, saw a sharp reduction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey (X units), the United Arab Emirates (X units) and China (X units) were the main suppliers of smoothing iron imports to Iran, with a combined X% share of total imports. Hong Kong SAR, Japan, France and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, Turkey ($X) constituted the largest supplier of electric smoothing irons to Iran, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and China (X% per year).

Import Prices by Country

The average smoothing iron import price stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

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 Turkey ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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