Iran: Market for Parts Of Harvester And Threshers 2024

Market Size for Parts Of Harvester And Threshers in Iran

In 2021, the Iranian market for parts of harvester and threshers decreased by -2.4% to $X, falling for the fourth year in a row after four years of growth. Over the period under review, consumption, however, saw a mild increase. Parts of harvester and threshers consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Exports of Parts Of Harvester And Threshers

Exports from Iran

In 2021, approx. X units of parts of harvester and threshers were exported from Iran; growing by 39% compared with the previous year. In general, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 156% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, parts of harvester and threshers exports soared to $X in 2021. Overall, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 141% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey (X units) was the main destination for parts of harvester and threshers exports from Iran, with a 68% share of total exports. Moreover, parts of harvester and threshers exports to Turkey exceeded the volume sent to the second major destination, Tajikistan (X units), fourfold. The third position in this ranking was held by Poland (X units), with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey totaled +28.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (-7.7% per year) and Poland (+25.6% per year).

In value terms, Turkey ($X) emerged as the key foreign market for parts of harvester and threshers exports from Iran, comprising 72% of total exports. The second position in the ranking was held by Poland ($X), with a 15% share of total exports. It was followed by Georgia, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value to Turkey stood at +35.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+25.8% per year) and Georgia (-2.8% per year).

Export Prices by Country

The average export price for parts of harvester and threshers stood at $X per unit in 2021, shrinking by -9.4% against the previous year. In general, the export price showed a deep contraction. The pace of growth was the most pronounced in 2015 an increase of 23%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, 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 Poland ($X per unit), while the average price for exports to Tajikistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts Of Harvester And Threshers

Imports into Iran

Parts of harvester and threshers imports into Iran contracted significantly to X units in 2021, declining by -22.3% on the previous year. Over the period under review, imports, however, posted moderate growth. The pace of growth appeared the most rapid in 2014 with an increase of 167%. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, parts of harvester and threshers imports rose notably to $X in 2021. In general, imports, however, saw a moderate expansion. The pace of growth was the most pronounced in 2014 with an increase of 126% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Turkey (X units) and Germany (X units) were the main suppliers of parts of harvester and threshers imports to Iran, together accounting for 83% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +7.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest parts of harvester and threshers suppliers to Iran were China ($X), Turkey ($X) and Germany ($X), with a combined 74% share of total imports.

Turkey, with a CAGR of +10.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for parts of harvester and threshers stood at $X per unit in 2021, rising by 40% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($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 (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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