Iran: Festive Articles Market 2024

Festive Articles Market Size in Iran

After five years of growth, the Iranian festive articles market decreased by X% to $X in 2022. Overall, the total consumption indicated strong growth from 2012 to 2022: its value 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. Over the period under review, the market hit record highs at $X in 2021, and then declined slightly in the following year.

Festive Articles Production in Iran

In value terms, festive articles production fell modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a buoyant expansion from 2012 to 2022: its value 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, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Festive articles production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Festive Articles Exports

Exports from Iran

In 2022, after six years of growth, there was significant decline in shipments abroad of festive or carnival articles, when their volume decreased by X% to X tons. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then shrank in the following year.

In value terms, festive articles exports declined to $X in 2022. Overall, exports, however, saw a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Iraq (X tons) was the main destination for festive articles exports from Iran, accounting for a X% share of total exports. Moreover, festive articles exports to Iraq exceeded the volume sent to the second major destination, Afghanistan (X tons), fourfold. Pakistan (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Iraq ($X) remains the key foreign market for festive or carnival articles exports from Iran, comprising X% of total exports. The second position in the ranking was taken by Afghanistan ($X), with a X% share of total exports. It was followed by Pakistan, with a X% share.

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

Export Prices by Country

The average festive articles export price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price recorded a perceptible decline. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Niger ($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 Niger (X%), while the prices for the other major destinations experienced mixed trend patterns.

Festive Articles Imports

Imports into Iran

In 2022, overseas purchases of festive or carnival articles decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, festive articles imports shrank sharply to $X in 2022. Over the period under review, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2021, and then declined markedly in the following year.

Imports by Country

In 2022, China (X tons) was the main supplier of festive articles to Iran, with a X% share of total imports. Moreover, festive articles imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Free Zones (X% per year).

In value terms, China ($X) constituted the largest supplier of festive or carnival articles to Iran, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Free Zones (X% per year).

Import Prices by Country

The average festive articles import price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price, however, saw a mild increase. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Free Zones ($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 a decline.

Source: IndexBox Platform

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