Key Market Indicators
Iranian imports of electrical equipment are expected to reach nearly $6 billion by 2026, growing at an average rate of 1.8% year on year. Since 2002, Iranian demand has increased by an average of 3.2% each year. In 2021, Iran was ranked 46th in the world, behind Morocco, which imported $5.3 billion. The United States, Germany and Singapore ranked second, third and fourth respectively. Exports of electrical equipment from Iran are projected to reach $351 million by 2026, increasing by an average of 0.8% year on year. Since 2002, Iranian supply has grown by 2% annually. In 2021, Iran was 68th in the world, behind El Salvador, which exported $334 million. South Korea, the United States and Germany were ranked second, third and fourth.
Iran Electrical Equipment Market Data and Forecasts
How much will Iran Electrical Equipment Market grow to 2026?
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