
Iran - Propellant Powders - Market Analysis, Forecast, Size, Trends and Insights
Iran: Propellant Powders Market 2023
Propellant Powders Market Size in Iran
The Iranian propellant powders market fell slightly to $X in 2021, remaining constant against the previous year. Overall, consumption, however, showed a noticeable decrease. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.
Propellant Powders Production in Iran
In value terms, propellant powders production dropped to $X in 2021 estimated in export price. In general, production, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2013 with an increase of 17%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.
Propellant Powders Exports
Exports from Iran
For the fourth year in a row, Iran recorded growth in overseas shipments of propellant powders, which increased by 18% to X tons in 2021. In general, exports showed resilient growth. The growth pace was the most rapid in 2013 with an increase of 88% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.
In value terms, propellant powders exports soared to $X in 2021. Overall, exports recorded strong growth. The most prominent rate of growth was recorded in 2013 when exports increased by 84% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.
Exports by Country
Turkey (X tons) was the main destination for propellant powders exports from Iran, accounting for a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Turkey stood at +10.7%.
In value terms, Turkey ($X) also remains the key foreign market for propellant powders exports from Iran.
From 2012 to 2021, the average annual rate of growth in terms of value to Turkey stood at +11.8%.
Export Prices by Country
In 2021, the average propellant powders export price amounted to $X per ton, rising by 5% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 7.7%. The export price peaked in 2021 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to +0.9% per year.
Propellant Powders Imports
Imports into Iran
In 2021, imports of propellant powders into Iran totaled less than X kg, leveling off at the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern.
In value terms, propellant powders imports amounted to less than $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the propellant powders 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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