Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Iran - 2022
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Iran (CIF) - 2022
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Iran (FOB) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Iran
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Iran
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Iran (CIF) - 2022
In 2022, the average import price for machines and mechanical appliances; parts, of those having individual functionses amounted to $5,827 per ton, waning by -39.6% against the previous year. In general, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 40%. Over the period under review, average import prices attained the maximum at $19,078 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Germany ($32,128 per ton), while the price for the United Arab Emirates ($3,137 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Iran (FOB) - 2022
In 2022, the average export price for machines and mechanical appliances; parts, of those having individual functionses amounted to $6,727 per ton, waning by -24.3% against the previous year. Overall, the export price, however, enjoyed a notable increase. The most prominent rate of growth was recorded in 2017 an increase of 64% against the previous year. The export price peaked at $8,889 per ton in 2021, and then fell rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($17,787 per ton), while the average price for exports to Armenia ($2,006 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 (+174.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Iran
In 2022, imports of machines and mechanical appliances; parts, of those having individual functionses into Iran stood at 2K tons, growing by 8.2% compared with 2021. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses declined markedly to $11M in 2022. In general, imports, however, showed a deep slump. The growth pace was the most rapid in 2020 when imports increased by 27% against the previous year. As a result, imports attained the peak of $21M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.6 | 6.2 | 4.9 | 3.0 | -18.8% |
| United Arab Emirates | 0.9 | 4.8 | 2.4 | 2.2 | 34.7% |
| Italy | 0.3 | 0.4 | 0.6 | 1.7 | 78.3% |
| Germany | 1.9 | 2.8 | 2.1 | 1.7 | -3.6% |
| Turkey | 2.3 | 1.7 | 4.8 | 1.3 | -17.3% |
| Azerbaijan | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| United Kingdom | 4.2 | 2.9 | 0.3 | 0.2 | -63.8% |
| Others | 1.4 | 2.6 | 2.2 | 1.1 | -7.7% |
| Total | 16.8 | 21.4 | 17.4 | 11.4 | -12.1% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Iran in 2022:
- China (808.1 tons)
- United Arab Emirates (709.9 tons)
- Turkey (163.0 tons)
- Italy (123.7 tons)
- Germany (53.7 tons)
- Azerbaijan (44.4 tons)
- United Kingdom (11.2 tons)
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Iran
In 2022, the amount of machines and mechanical appliances; parts, of those having individual functionses exported from Iran contracted sharply to 158 tons, with a decrease of -55% against the previous year. Over the period under review, exports faced a sharp contraction. The smallest decline of -35.1% was in 2021.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses fell notably to $1.1M in 2022. Overall, exports continue to indicate a sharp setback. The smallest decline of -13.9% was in 2020.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 3,321 | 2,711 | 2,270 | 674 | -41.2% |
| Turkey | 105 | 99.8 | 59.4 | 209 | 25.8% |
| Afghanistan | 225 | 121 | 160 | 40.7 | -43.4% |
| Uzbekistan | 29.7 | 96.3 | 192 | 33.1 | 3.7% |
| United Arab Emirates | 124 | 77.1 | 105 | 27.6 | -39.4% |
| Azerbaijan | 60.2 | 86.2 | 72.8 | 8.2 | -48.5% |
| Armenia | 66.5 | 31.0 | 29.5 | 5.5 | -56.4% |
| Others | 339 | 455 | 239 | 67.6 | -41.6% |
| Total | 4,271 | 3,678 | 3,127 | 1,065 | -37.1% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Iran in 2022:
- Iraq (117.9 tons)
- Turkey (11.7 tons)
- United Arab Emirates (8.2 tons)
- Afghanistan (6.2 tons)
- Uzbekistan (5.2 tons)
- Armenia (2.7 tons)
- Azerbaijan (1.7 tons)
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