Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iran - 2022

Contents:

  1. Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iran (CIF) - 2022
  2. Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iran (FOB) - 2022
  3. Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iran
  4. Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iran

Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iran (CIF) - 2022

The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $2,915 per ton in 2022, with an increase of 8.2% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 125% against the previous year. As a result, import price reached the peak level of $10,308 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,335 per ton), while the price for Turkey stood at $1,754 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+73.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iran (FOB) - 2022

In 2022, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $17,278 per ton, almost unchanged from the previous year. Over the period under review, the export price, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 67%. As a result, the export price attained the peak level of $27,777 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($17,399 per ton), while the average price for exports to Armenia amounted to $16,952 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+52.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iran

In 2022, supplies from abroad of cotton yarn (other than sewing thread), put up for retail sale was finally on the rise to reach 27 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a deep slump.

In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale soared to $80K in 2022. Overall, imports, however, faced a abrupt shrinkage.

Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A18.247.5161.0%
Turkey1364.646.432.5-37.9%
MalaysiaN/A86.6N/AN/A0%
United Arab Emirates1.14.2N/AN/A281.8%
OthersN/AN/AN/AN/A0%
Total13795.464.680.0-16.4%

Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Iran in 2022:

  1. Turkey (18.6 tons)
  2. China (8.9 tons)

Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iran

After three years of growth, overseas shipments of cotton yarn (other than sewing thread), put up for retail sale decreased by -43.3% to 765 kg in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 645%. As a result, the exports reached the peak of 1.3 tons, and then shrank remarkably in the following year.

In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale shrank sharply to $13K in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 708%. As a result, the exports attained the peak of $24K, and then shrank rapidly in the following year.

Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AzerbaijanN/A0.720.69.9276.1%
Armenia1.72.22.53.324.7%
Kazakhstan0.1N/AN/AN/A0%
Others0.5N/A0.4N/A-10.6%
Total2.32.923.513.279.0%

Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Iran in 2022:

  1. Azerbaijan (567.0 kg)
  2. Armenia (196.0 kg)

Source: IndexBox Market Intelligence Platform

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