Iran: Non-Electric Bakery Oven Market 2024

Non-Electric Bakery Oven Market Size in Iran

The Iranian non-electric bakery oven market expanded sharply to $X in 2022, increasing by 6.1% against the previous year. In general, consumption, however, continues to indicate a deep downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Non-Electric Bakery Oven Production in Iran

In value terms, non-electric bakery oven production amounted to $X in 2022 estimated in export price. Overall, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +2.7% 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 -1.4% against 2020 indices. The growth pace was the most rapid in 2015 when the production volume increased by 29%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Non-Electric Bakery Oven Exports

Exports from Iran

Non-electric bakery oven exports from Iran dropped to X units in 2022, falling by -11.1% compared with 2021 figures. In general, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2013 when exports increased by 500% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-electric bakery oven exports rose modestly to $X in 2022. Over the period under review, exports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 693%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Bahrain (X units), Australia (X units) and Armenia (X units) were the main destinations of non-electric bakery oven exports from Iran, with a combined 59% 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 Bahrain (with a CAGR of +28.2%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Armenia ($X) and Germany ($X) appeared to be the largest markets for non-electric bakery oven exported from Iran worldwide, with a combined 58% share of total exports. Australia, Bahrain, Canada, the Netherlands, New Zealand and Azerbaijan lagged somewhat behind, together accounting for a further 23%.

The Netherlands, with a CAGR of +46.2%, recorded the highest growth rate of 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

In 2022, the average non-electric bakery oven export price amounted to $X per unit, growing by 17% against the previous year. Over the period under review, the export price saw pronounced growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 52% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while the average price for exports to Bahrain ($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 the Netherlands (+28.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Bakery Oven Imports

Imports into Iran

After two years of decline, overseas purchases of non-electric bakery ovens increased by 40% to X units in 2022. Over the period under review, imports, however, faced a dramatic downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 219%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, non-electric bakery oven imports stood at $X in 2022. In general, imports, however, continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2019 when imports increased by 268% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units) and Bulgaria (X units) were the main suppliers of non-electric bakery oven imports to Iran.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of 0.0%).

In value terms, Bulgaria ($X) constituted the largest supplier of non-electric bakery ovens to Iran, comprising 40% of total imports. The second position in the ranking was held by China ($X), with a 5.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Bulgaria amounted to +24.7%.

Import Prices by Country

The average non-electric bakery oven import price stood at $X per unit in 2022, with a decrease of -20.6% against the previous year. Overall, the import price, however, saw a strong increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 87% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 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 Bulgaria ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-8.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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