Price for Iron Oxides and Hydroxides in Iran - 2021
Contents:
- Price for Iron Oxides and Hydroxides in Iran (CIF) - 2022
- Price for Iron Oxides and Hydroxides in Iran (FOB) - 2022
- Imports of Iron Oxides and Hydroxides in Iran
- Exports of Iron Oxides and Hydroxides in Iran
Price for Iron Oxides and Hydroxides in Iran (CIF) - 2022
In 2022, the average iron oxides and hydroxides import price amounted to $1,525 per ton, with an increase of 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. As a result, import price reached the peak level and is likely to continue 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 the United Arab Emirates ($22,160 per ton), while the price for Uzbekistan ($1,086 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+33.5%).
Price for Iron Oxides and Hydroxides in Iran (FOB) - 2022
The average iron oxides and hydroxides export price stood at $622 per ton in 2022, declining by -53.9% against the previous year. In general, the export price recorded a pronounced reduction. The growth pace was the most rapid in 2021 when the average export price increased by 22%. As a result, the export price reached the peak level of $1,351 per ton, and then shrank remarkably in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($1,826 per ton), while the average price for exports to Greece ($469 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 Romania (+2.5%), while the prices for the other major destinations experienced a decline.
Imports of Iron Oxides and Hydroxides in Iran
After two years of decline, purchases abroad of iron oxides and hydroxideses increased by 0.4% to 1.3K tons in 2022. Overall, imports, however, saw a dramatic downturn.
In value terms, iron oxides and hydroxides imports surged to $2M in 2022. In general, imports, however, recorded a precipitous decline.
Import of Iron Oxides and Hydroxides in Iran (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.9 | 1.7 | 1.4 | 1.7 | -16.3% |
United Arab Emirates | 0.7 | N/A | N/A | N/A | 0% |
Uzbekistan | N/A | N/A | N/A | N/A | 0% |
Others | 1.0 | 0.7 | 0.3 | 0.3 | -33.1% |
Total | 4.6 | 2.3 | 1.7 | 2.0 | -24.2% |
Top Suppliers of Iron Oxides and Hydroxides to Iran in 2022:
- China (1282.8 tons)
- Uzbekistan (23.1 tons)
- United Arab Emirates (0.5 tons)
Exports of Iron Oxides and Hydroxides in Iran
In 2022, overseas shipments of iron oxides and hydroxideses were finally on the rise to reach 172 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, iron oxides and hydroxides exports skyrocketed to $107K in 2022. In general, exports showed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Iron Oxides and Hydroxides in Iran (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 27.1 | 8.5 | 6.5 | 29.4 | 2.8% |
Uzbekistan | N/A | N/A | N/A | 17.6 | 0% |
Greece | N/A | N/A | N/A | 10.8 | 0% |
Pakistan | N/A | N/A | N/A | 3.6 | 0% |
Armenia | 1.8 | 0.5 | 1.6 | 3.4 | 23.6% |
Azerbaijan | 23.9 | 8.7 | 5.0 | N/A | -54.3% |
United Arab Emirates | 3.0 | N/A | N/A | N/A | 0% |
Others | 29.8 | 8.8 | 14.4 | 42.0 | 12.1% |
Total | 85.6 | 26.5 | 27.5 | 107 | 7.7% |
Top Export Markets for Iron Oxides and Hydroxides from Iran in 2022:
- Uzbekistan (25.5 tons)
- Romania (25.0 tons)
- Greece (23.1 tons)
- Pakistan (3.4 tons)
- Armenia (1.9 tons)
This report provides an in-depth analysis of the iron oxide pigment market in Iran.
This report provides an in-depth analysis of the global iron oxide pigment market.
This report provides an in-depth analysis of the iron oxide pigment market in Iran.
This report provides an in-depth analysis of the global iron oxide pigment market.
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