Key Market Indicators
Iran's fuel exports in 2022 remained stable at approximately 1 cubic meter, the same volume recorded in 2021. This consistency follows a historical trend of fluctuating supply, with a significant 24.2% year-on-year decrease observed since 1972. In contrast, Iran's fuel imports are projected to decline over the next five years. By 2028, imports are expected to reach around 62 cubic meters, down from 78 cubic meters in 2023. This forecasted drop represents an average annual decline of 3.7%. The overall demand for fuel in Iran has been on a downward trajectory since 1997, with a yearly decrease of about 1%.
