
Iran - Mounted Piezo-Electric Crystals - Market Analysis, Forecast, Size, Trends and Insights
Iran: Mounted Piezo-Electric Crystals Market 2023
Mounted Piezo-Electric Crystals Market Size in Iran
In 2021, the Iranian mounted piezo-electric crystals market increased by 123% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, continues to indicate a noticeable decline. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.
Mounted Piezo-Electric Crystals Exports
Exports from Iran
After three years of growth, shipments abroad of mounted piezo-electric crystals decreased by -48.2% to X units in 2021. Overall, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 699%. The exports peaked at X units in 2020, and then contracted sharply in the following year.
In value terms, mounted piezo-electric crystals exports contracted notably to $X in 2021. In general, exports saw a perceptible decline. The most prominent rate of growth was recorded in 2014 with an increase of 424% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
China (X units) was the main destination for mounted piezo-electric crystals exports from Iran, accounting for a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to China amounted to +45.0%.
In value terms, China ($X) emerged as the key foreign market for mounted piezo-electric crystals exports from Iran.
From 2012 to 2021, the average annual growth rate of value to China amounted to +33.1%.
Export Prices by Country
The average mounted piezo-electric crystals export price stood at $X per unit in 2021, picking up by 18% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 403% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to +89.9% per year.
Mounted Piezo-Electric Crystals Imports
Imports into Iran
In 2021, purchases abroad of mounted piezo-electric crystals increased by 74% to X units, rising for the second consecutive year after three years of decline. Overall, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2016 when imports increased by 302%. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.
In value terms, mounted piezo-electric crystals imports soared to $X in 2021. Over the period under review, imports, however, recorded a slight downturn. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, China (X units) constituted the largest mounted piezo-electric crystals supplier to Iran, accounting for a 72% share of total imports. Moreover, mounted piezo-electric crystals imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), ninefold. The third position in this ranking was taken by Turkey (X units), with an 8% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+17.5% per year) and Turkey (+19.3% per year).
In value terms, China ($X) constituted the largest supplier of mounted piezo-electric crystals to Iran, comprising 77% of total imports. The second position in the ranking was taken by Germany ($X), with a 6.8% share of total imports. It was followed by Turkey, with a 5.6% share.
From 2012 to 2021, the average annual growth rate of value from China totaled +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-13.8% per year) and Turkey (+19.3% per year).
Import Prices by Country
In 2021, the average mounted piezo-electric crystals import price amounted to $X per unit, jumping by 43% against the previous year. Overall, the import price enjoyed a temperate expansion. The growth pace was the most rapid in 2018 when the average import price increased by 48% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for Malaysia (less than $X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+15.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the mounted piezo-electric crystals market in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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