Iran - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 25, 2024

Iran - Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Market Analysis, Forecast, Size, Trends And Insights

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Mineral Wool Price in Iran - 2021

Contents:

  1. Mineral Wool Price in Iran (CIF) - 2022
  2. Mineral Wool Price in Iran (FOB) - 2022
  3. Mineral Wool Imports in Iran
  4. Mineral Wool Exports in Iran

Mineral Wool Price in Iran (CIF) - 2022

The average mineral wool import price stood at $3,576 per ton in 2022, increasing by 11% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mineral wool import price increased by +41.4% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 43% against the previous year. The import price peaked in 2022 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 Italy ($9,534 per ton), while the price for Malaysia ($177 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 (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Mineral Wool Price in Iran (FOB) - 2022

In 2022, the average mineral wool export price amounted to $858 per ton, rising by 12% against the previous year. Over the period under review, the export price, however, saw a slight shrinkage. The pace of growth was the most pronounced in 2014 an increase of 49%. Over the period under review, the average export prices reached the maximum at $1,301 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($5,335 per ton), while the average price for exports to Kyrgyzstan ($334 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 Qatar (+11.4%), while the prices for the other major destinations experienced a decline.

Mineral Wool Imports in Iran

In 2022, approx. 1.1K tons of slag wool, rock wool and similar mineral wools and mixtures were imported into Iran; waning by -51.8% on 2021 figures. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports attained the peak of 2.3K tons, and then shrank rapidly in the following year.

In value terms, mineral wool imports reduced remarkably to $4M in 2022. Overall, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 70%. As a result, imports attained the peak of $7.5M, and then reduced dramatically in the following year.

Import of Mineral Wool in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0341,7173,1002,28730.3%
Germany1,285510470397-32.4%
Kuwait20022829636322.0%
Belgium193173176169-4.3%
Austria74.611312312619.1%
Turkey17916.614374.1-25.5%
United Arab Emirates1,5298762,59818.1-77.2%
Malaysia5.84.54.03.3-17.1%
Others1,231790620585-22.0%
Total5,7324,4277,5304,023-11.1%

Top Suppliers of Mineral Wool to Iran in 2022:

  1. China (584.9 tons)
  2. Belgium (251.1 tons)
  3. Kuwait (77.5 tons)
  4. Germany (49.4 tons)
  5. Turkey (30.6 tons)
  6. Austria (22.1 tons)
  7. Malaysia (18.6 tons)
  8. United Arab Emirates (3.4 tons)

Mineral Wool Exports in Iran

In 2022, after three years of growth, there was significant decline in shipments abroad of slag wool, rock wool and similar mineral wools and mixtures, when their volume decreased by -11.9% to 1.1K tons. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 665%.

In value terms, mineral wool exports declined modestly to $978K in 2022. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 626% against the previous year.

Export of Mineral Wool in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq17.884.2435377176.7%
Qatar10.5114309320212.4%
ItalyN/AN/A14886.4-41.6%
UzbekistanN/A1.48.230.2364.5%
Turkmenistan0.25.320.517.8346.5%
Kyrgyzstan0.21.917.816.4334.4%
Others3.123.656.4130247.4%
Total31.8231995978213.3%

Top Export Markets for Mineral Wool from Iran in 2022:

  1. Iraq (758.3 tons)
  2. Uzbekistan (73.2 tons)
  3. Italy (64.8 tons)
  4. Qatar (60.1 tons)
  5. Kyrgyzstan (48.9 tons)
  6. Turkmenistan (26.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mineral wool 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.

Product coverage:

  • Prodcom 23991910 - Slag wool, rock wool and similar mineral wools and mixtures thereof, in bulk, sheets or rolls

Country coverage:

  • Iran

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Iran
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...

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In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...

The Global Mineral Wool Market Started to Slow Down
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For the fifth consecutive year, the global mineral wool market recorded growth in sales value, which increased by...

Which Country Imports the Most Slag, Rock Wool and Similar Mineral Wools in the World?
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In value terms, slag, rock wool and similar mineral wools imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...

Which Country Exports the Most Slag, Rock Wool and Similar Mineral Wools in the World?
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In value terms, slag, rock wool and similar mineral wools exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...

Free Data: Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures - Iran