Iran: Wood-Based Panels Market 2024

Wood-Based Panels Market Size in Iran

In 2022, the Iranian wood-based panels market was finally on the rise to reach $X after two years of decline. Overall, the total consumption indicated slight 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, consumption decreased by X% against 2018 indices. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Wood-Based Panels Production in Iran

In value terms, wood-based panels production fell to $X in 2022 estimated in export price. Over the period under review, production saw resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Wood-Based Panels Exports

Exports from Iran

Wood-based panels exports from Iran reached X cubic meters in 2022, growing by X% against the year before. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X cubic meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood-based panels exports reached $X in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Iraq (X cubic meters), Turkmenistan (X cubic meters) and Armenia (X cubic meters) were the main destinations of wood-based panels exports from Iran, with a combined X% share of total exports.

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

In value terms, Iraq ($X), Turkmenistan ($X) and Afghanistan ($X) appeared to be the largest markets for wood-based panels exported from Iran worldwide, together comprising X% of total exports. Armenia, Azerbaijan and Uzbekistan lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Armenia, with a CAGR of X%, recorded 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

The average wood-based panels export price stood at $X per cubic meter in 2022, dropping by X% against the previous year. Over the period under review, the export price saw a noticeable reduction. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per cubic meter in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Afghanistan ($X per cubic meter) and Iraq ($X per cubic meter), while the average price for exports to Uzbekistan ($X per cubic meter) and Armenia ($X per cubic meter) were amongst the lowest.

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

Wood-Based Panels Imports

Imports into Iran

After two years of decline, overseas purchases of wood-based panels increased by X% to X cubic meters in 2022. Over the period under review, imports, however, showed a deep downturn. Over the period under review, imports attained the peak figure at X cubic meters in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, wood-based panels imports soared to $X in 2022. In general, imports, however, showed a abrupt downturn. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X cubic meters) constituted the largest wood-based panels supplier to Iran, with a X% share of total imports. Moreover, wood-based panels imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X cubic meters), fourfold. The third position in this ranking was held by Turkey (X cubic meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Thailand was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Turkey (X% per year).

In value terms, Thailand ($X) constituted the largest supplier of wood-based panels to Iran, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and China (X% per year).

Import Prices by Country

The average wood-based panels import price stood at $X per cubic meter in 2022, shrinking by X% against the previous year. In general, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, 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 Turkey ($X per cubic meter), while the price for Malaysia ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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