Iran: Petroleum-Engine Cargo Trucks Market 2024

Petroleum-Engine Cargo Trucks Market Size in Iran

The Iranian petroleum-engine cargo trucks market surged to $X in 2022, with an increase of 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). Overall, consumption, however, showed a deep contraction. Petroleum-engine cargo trucks consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Petroleum-Engine Cargo Trucks Exports

Exports from Iran

In 2022, after two years of growth, there was significant decline in overseas shipments of goods vehicles, with spark-ignition internal combustion piston engine, when their volume decreased by X% to X units. In general, exports showed a slight shrinkage. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, petroleum-engine cargo trucks exports fell markedly to $X in 2022. Over the period under review, exports recorded a perceptible decline. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units), Lebanon (X units) and Taiwan (Chinese) (X units) were the main destinations of petroleum-engine cargo trucks exports from Iran, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lebanon (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) remains the key foreign market for goods vehicles, with spark-ignition internal combustion piston engine exports from Iran, comprising X% of total exports. The second position in the ranking was held by Lebanon ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lebanon (X% per year) and Germany (X% per year).

Export Prices by Country

The average petroleum-engine cargo trucks export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price recorded a noticeable slump. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

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Petroleum-Engine Cargo Trucks Imports

Imports into Iran

Petroleum-engine cargo trucks imports into Iran totaled X units in 2022, growing by X% on 2021 figures. Overall, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, petroleum-engine cargo trucks imports soared to $X in 2022. In general, imports, however, showed a abrupt slump. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the United Arab Emirates (X units) and France (X units) were the main suppliers of petroleum-engine cargo trucks imports to Iran, with a combined X% share of total imports.

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

In value terms, the largest petroleum-engine cargo trucks suppliers to Iran were the United Arab Emirates ($X), China ($X) and France ($X), with a combined X% share of total imports.

Among the main suppliers, France, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average petroleum-engine cargo trucks import price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, showed a deep contraction. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 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 the United Arab Emirates ($X per unit), while the price for China ($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 a decline.

Source: IndexBox Platform

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