Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Iran - 2022

Contents:

  1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Iran (CIF) - 2022
  2. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Iran (FOB) - 2022
  3. Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Iran
  4. Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Iran

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Iran (CIF) - 2022

In 2022, the average import price for articles of apparel, clothing accessories and other articles of furskin amounted to $54 per unit, growing by 2.3% against the previous year. Overall, the import price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2016 an increase of 70% against the previous year. Over the period under review, average import prices hit record highs at $140 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,318 per unit), while the price for China ($23 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.2%), while the prices for the other major suppliers experienced a decline.

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Iran (FOB) - 2022

The average export price for articles of apparel, clothing accessories and other articles of furskin stood at $85 per unit in 2022, falling by -17% against the previous year. In general, the export price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2019 an increase of 99.9%. Over the period under review, the average export prices hit record highs at $102 per unit in 2021, and then fell sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Iraq.

From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +12.2% per year.

Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Iran

In 2022, purchases abroad of articles of apparel, clothing accessories and other articles of furskin decreased by -11.9% to 1.5K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 114%. Imports peaked at 1.7K units in 2021, and then dropped in the following year.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin declined to $83K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.1% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 33% against the previous year. Imports peaked at $92K in 2021, and then reduced in the following year.

Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy16.821.522.536.930.0%
China0.833.060.224.7213.7%
KazakhstanN/AN/AN/A9.90%
India2.72.72.22.92.4%
Lebanon0.70.70.81.219.7%
United Arab Emirates28.210.53.20.5-73.9%
Others6.65.73.37.12.5%
Total55.874.192.383.214.2%

Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Iran in 2022:

  1. China (1070.0 units)
  2. Kazakhstan (337.0 units)
  3. Lebanon (30.0 units)
  4. Italy (28.0 units)
  5. India (25.0 units)
  6. United Arab Emirates (6.0 units)

Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Iran

In 2022, approx. 343 units of articles of apparel, clothing accessories and other articles of furskin were exported from Iran; waning by -31.3% against the previous year's figure. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 389% against the previous year. As a result, the exports reached the peak of 499 units, and then declined markedly in the following year.

In value terms, exports of articles of apparel, clothing accessories and other articles of furskin reduced dramatically to $29K in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 606% against the previous year. As a result, the exports reached the peak of $51K, and then reduced sharply in the following year.

Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq4.97.249.027.878.4%
OmanN/AN/A1.30.2-84.6%
Others0.8N/A0.71.07.7%
Total5.77.251.029.172.2%

Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Iran in 2022:

  1. Iraq (341.0 units)
  2. Oman (1.0 units)

Source: IndexBox Market Intelligence Platform

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