Iran: Lamp Holder Market 2024

Lamp Holder Market Size in Iran

In 2022, the Iranian lamp holder market was finally on the rise to reach $X for the first time since 2016, thus ending a five-year declining trend. In general, consumption showed a relatively flat trend pattern. Lamp holder consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Lamp Holder Production in Iran

In value terms, lamp holder production totaled $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by 44% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Lamp Holder Exports

Exports from Iran

In 2022, after three years of decline, there was significant growth in overseas shipments of lamp holders, plugs and sockets, when their volume increased by 13% to X tons. Over the period under review, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2018 when exports increased by 217%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, lamp holder exports reduced modestly to $X in 2022. Overall, exports posted a measured expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 128% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Azerbaijan (X tons), Tajikistan (X tons) and Georgia (X tons) were the main destinations of lamp holder exports from Iran, with a combined 2.6% share of total exports. Oman and Armenia lagged somewhat behind, together accounting for a further 0.2%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of +3,548.9%), while the other leaders experienced more modest paces of growth.

In value terms, Azerbaijan ($X) remains the key foreign market for lamp holders, plugs and sockets exports from Iran, comprising 93% of total exports. The second position in the ranking was held by Tajikistan ($X), with a 34% share of total exports. It was followed by Georgia, with a 16% share.

From 2012 to 2021, the average annual growth rate of value to Azerbaijan stood at -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (-25.8% per year) and Georgia (-4.8% per year).

Export Prices by Country

In 2021, the average lamp holder export price amounted to $X per ton, with an increase of 27% against the previous year. Over the period under review, the export price, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2014 an increase of 138%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the 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 Armenia ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+4.9%), while the prices for the other major destinations experienced a decline.

Lamp Holder Imports

Imports into Iran

In 2022, approx. X tons of lamp holders, plugs and sockets were imported into Iran; which is down by -22.7% on 2021. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2019 when imports increased by 196% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, lamp holder imports contracted significantly to $X in 2022. In general, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of 86% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest lamp holder supplier to Iran, with a 10% share of total imports. Moreover, lamp holder imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+2.4% per year) and the United Arab Emirates (-29.7% per year).

In value terms, China ($X) constituted the largest supplier of lamp holders, plugs and sockets to Iran, comprising 204% of total imports. The second position in the ranking was taken by Turkey ($X), with a 63% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+1.5% per year) and the United Arab Emirates (-27.3% per year).

Import Prices by Country

The average lamp holder import price stood at $X per ton in 2021, dropping by -3.4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 138%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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