Iran: Folding Boxboard Market 2024

Folding Boxboard Market Size in Iran

In 2022, the Iranian folding boxboard market decreased by X% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption, however, saw a noticeable decline. Folding boxboard consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Folding Boxboard Production in Iran

In value terms, folding boxboard production dropped to $X in 2022 estimated in export price. Overall, production recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Folding boxboard production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Folding Boxboard Exports

Exports from Iran

In 2022, approx. X tons of folding boxboard were exported from Iran; growing by X% against the year before. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, folding boxboard exports totaled $X in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Armenia (X tons) was the main destination for folding boxboard exports from Iran, with a X% share of total exports. Moreover, folding boxboard exports to Armenia exceeded the volume sent to the second major destination, Iraq (X tons), twofold. The third position in this ranking was held by Turkey (X tons), with a X% share.

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

In value terms, the largest markets for folding boxboard exported from Iran were Armenia ($X), Iraq ($X) and Turkey ($X), together comprising X% of total exports.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average folding boxboard export price stood at $X per ton in 2022, flattening at the previous year. Overall, the export price, however, recorded a deep reduction. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the 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 Azerbaijan ($X per ton), while the average price for exports to Armenia ($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 Azerbaijan (X%), while the prices for the other major destinations experienced a decline.

Folding Boxboard Imports

Imports into Iran

After two years of decline, purchases abroad of folding boxboard increased by X% to X tons in 2022. Over the period under review, imports recorded a measured expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, folding boxboard imports soared to $X in 2022. Overall, total imports indicated a pronounced increase 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. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of folding boxboard to Iran, with a X% share of total imports. Moreover, folding boxboard imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was taken by South Korea (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and South Korea (X% per year).

In value terms, the largest folding boxboard suppliers to Iran were Turkey ($X), China ($X) and Finland ($X), with a combined X% share of total imports. Austria, South Korea, Germany and Thailand lagged somewhat behind, together comprising a further X%.

Thailand, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers 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 folding boxboard import price amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 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 Turkey ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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