Iran"s paraffin market represents a crucial segment of its expansive petroleum industry, offering significant opportunities for traders and businesses globally. The country"s strategic position and abundant oil reserves make it a key player in the global paraffin trade. The latest data reveals that Iran"s paraffin export volume has seen a steady increase over the past year, driven by rising demand in Asia and Europe. In particular, the export volume rose by approximately 15% during the first half of 2023, compared to the same period in 2022. This uptick reflects growing international interest and the competitive pricing of Iranian paraffin. Price trends, however, have exhibited some volatility. The average price per metric ton of paraffin has fluctuated between $700 and $850 over the past year. This variation is largely attributed to shifting global oil prices and geopolitical factors impacting trade routes and tariffs.

Notably, in the second quarter of 2023, paraffin prices touched a high of $850, influenced by a surge in demand from the Asian market, which coincided with temporary supply chain disruptions. Iran"s ability to maintain a robust paraffin supply amidst these challenges underscores its pivotal role in the petroleum sector. For businesses seeking to explore trade opportunities in Iran"s paraffin market, understanding these price dynamics and trade volumes is essential. In this vibrant market landscape, platforms like Aritral provide invaluable services to connect buyers and suppliers efficiently. Aritral offers comprehensive solutions such as Product Listing, Direct Communication, and Global Sales Assistance, powered by AI-driven marketing strategies and Profile Management, simplifying international trade in commodities like paraffin. For further insights and to connect with reputable paraffin suppliers in Iran, businesses can utilize resources such as Aritral. com, which bridges the gap between demand and supply international arena. "