Iran: Market for Table, Kitchen Or Household Articles Of Cast Iron 2024

Market Size for Table, Kitchen Or Household Articles Of Cast Iron in Iran

The Iranian cast iron household articles market expanded to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, showed a mild decrease. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Table, Kitchen Or Household Articles Of Cast Iron in Iran

In value terms, cast iron household articles production rose markedly to $X in 2022 estimated in export price. Overall, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Table, Kitchen Or Household Articles Of Cast Iron

Exports from Iran

In 2022, shipments abroad of table, kitchen or household articles of cast iron was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed a temperate increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, cast iron household articles exports surged to $X in 2022. Over the period under review, exports posted measured growth. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Azerbaijan (X tons), Tajikistan (X tons) and the United Arab Emirates (X tons) were the main destinations of cast iron household articles exports from Iran, together accounting for X% of total exports. Oman, Kyrgyzstan, Jordan, Germany and Kazakhstan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cast iron household articles exported from Iran were Azerbaijan ($X), Oman ($X) and the United Arab Emirates ($X), together comprising X% of total exports. Jordan, Germany, Tajikistan, Kyrgyzstan and Kazakhstan lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, 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 cast iron household articles export price amounted to $X per ton, declining by X% against the previous year. In general, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average 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 Germany ($X per ton), while the average price for exports to Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (X%), while the prices for the other major destinations experienced a decline.

Imports of Table, Kitchen Or Household Articles Of Cast Iron

Imports into Iran

In 2022, cast iron household articles imports into Iran contracted rapidly to X tons, falling by X% on the previous year's figure. Overall, imports showed a dramatic decrease. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, cast iron household articles imports dropped remarkably to $X in 2022. Over the period under review, imports showed a sharp curtailment. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Turkey (X tons), the United Arab Emirates (X tons) and China (X tons) were the main suppliers of cast iron household articles imports to Iran, with a combined X% share of total imports. These countries were followed by Oman, which accounted for a further X%.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest cast iron household articles suppliers to Iran were the United Arab Emirates ($X), Turkey ($X) and China ($X), together accounting for X% of total imports. These countries were followed by Oman, which accounted for a further X%.

Oman, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average cast iron household articles import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cast iron household articles import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Oman ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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