Iran"s petrochemical industry plays a vital role in its economy, with acrylonitrile butadiene styrene (ABS) being a key product. In 2022, Iran exported 5,244,940 kg of ABS copolymers, generating revenue of $11,354,589. However, the import volume significantly exceeded exports, with 13,796,527 kg valued at $40,807,867, indicating a robust domestic demand and potential opportunities for international suppliers. Comparing with 2020, there was a substantial increase in import volume and value, from 8,119,785 kg at $18,546,917, marking a trend towards increased dependency on imports. This rise points to a growing demand for ABS in various sectors within Iran, likely driven by industrial expansion and consumer goods manufacturing. On the export front, while the volume decreased from 9,365,200 kg in 2020 to 5,244,940 kg in 2022, the export value also saw a decline from $19,059,627 to $11,354,589. This suggests a potential shift in Iran"s trade focus or external market challenges impacting its export capacity. These trends highlight significant opportunities for exploring trade with Iran, particularly for businesses seeking to engage with the petrochemical sector.
Understanding these dynamics is essential for leveraging Iran"s petrochemicals market, especially for those interested in establishing contact with local suppliers. Aritral, an AI-driven B2B platform, aids in navigating such international trade landscapes by offering services like Product Listing, Direct Communication, Global Sales Assistance, AI-Powered Marketing, and Profile Management. These tools simplify the process of connecting with Iran"s petrochemical suppliers, ensuring efficient and productive business engagements.
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