Iran: Fungicide And Bactericide Market 2024

Fungicide And Bactericide Market Size in Iran

After four years of decline, the Iranian fungicide and bactericide market increased by X% to $X in 2022. In general, consumption enjoyed a prominent expansion. Fungicide and bactericide consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Fungicide And Bactericide Exports

Exports from Iran

In 2022, shipments abroad of fungicides, bactericides and seed treatments decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, fungicide and bactericide exports shrank rapidly to $X in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 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 failed to regain momentum.

Exports by Country

Armenia (X tons) was the main destination for fungicide and bactericide exports from Iran, accounting for a X% share of total exports. Moreover, fungicide and bactericide exports to Armenia exceeded the volume sent to the second major destination, Azerbaijan (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume to Armenia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (X% per year) and Uzbekistan (X% per year).

In value terms, Armenia ($X) remains the key foreign market for fungicides, bactericides and seed treatments exports from Iran, comprising X% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Armenia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

In 2022, the average fungicide and bactericide export price amounted to $X per ton, almost unchanged from the previous year. In general, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Armenia ($X 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 France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Fungicide And Bactericide Imports

Imports into Iran

In 2022, supplies from abroad of fungicides, bactericides and seed treatments increased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. Overall, imports posted a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, fungicide and bactericide imports surged to $X in 2022. Over the period under review, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of fungicide and bactericide to Iran, accounting for a X% share of total imports. Moreover, fungicide and bactericide imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The third position in this ranking was taken by India (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and India (X% per year).

In value terms, the largest fungicide and bactericide suppliers to Iran were China ($X), Germany ($X) and Turkey ($X), together accounting for X% of total imports.

Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average fungicide and bactericide import price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a pronounced contraction. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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