Price for Embroidery; in the Piece, in Strips or in Motifs in Iran - 2022

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Iran (CIF) - 2022
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in Iran (FOB) - 2022
  3. Imports of Embroidery; in the Piece, in Strips or in Motifs in Iran
  4. Exports of Embroidery; in the Piece, in Strips or in Motifs in Iran

Price for Embroidery; in the Piece, in Strips or in Motifs in Iran (CIF) - 2022

In 2022, the average import price for embroidery; in the piece, in strips or in motifses amounted to $34,385 per ton, increasing by 1.7% against the previous year. In general, the import price showed resilient growth. The growth pace was the most rapid in 2020 an increase of 65% against the previous year. As a result, import price attained the peak level of $48,646 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($330,039 per ton), while the price for Turkey ($10,785 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Embroidery; in the Piece, in Strips or in Motifs in Iran (FOB) - 2022

The average export price for embroidery; in the piece, in strips or in motifses stood at $32,917 per ton in 2022, with a decrease of -4.3% against the previous year. Over the period under review, the export price recorded a pronounced decline. The pace of growth appeared the most rapid in 2019 when the average export price increased by 43% against the previous year. The export price peaked at $47,160 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($50,361 per ton), while the average price for exports to Belarus ($14,331 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+69.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Embroidery; in the Piece, in Strips or in Motifs in Iran

After two years of decline, supplies from abroad of embroidery; in the piece, in strips or in motifses increased by 205% to 49 tons in 2022. In general, imports continue to indicate temperate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of embroidery; in the piece, in strips or in motifses surged to $1.7M in 2022. Over the period under review, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Embroidery; in the Piece, in Strips or in Motifs in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23014041.450229.7%
Hong Kong SAR4023151764544.1%
India21726820435117.4%
Turkey10993.439.579.3-10.1%
South Korea94.724.811.926.2-34.8%
Others29619272.3278-2.1%
Total1,3491,0335451,6917.8%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Iran in 2022:

  1. China (28.8 tons)
  2. Turkey (7.3 tons)
  3. India (6.4 tons)
  4. Hong Kong SAR (1.4 tons)
  5. South Korea (0.6 tons)

Exports of Embroidery; in the Piece, in Strips or in Motifs in Iran

In 2022, overseas shipments of embroidery; in the piece, in strips or in motifses increased by 16% to 5.6 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a perceptible contraction.

In value terms, exports of embroidery; in the piece, in strips or in motifses rose markedly to $183K in 2022. Overall, exports, however, continue to indicate a abrupt slump.

Export of Embroidery; in the Piece, in Strips or in Motifs in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq91.944.832.050.5-18.1%
Turkey28.717.814.513.8-21.7%
Belarus23.110.24.811.4-21.0%
Afghanistan0.63.24.74.595.7%
Kazakhstan4.53.00.72.4-18.9%
Lebanon1.51.91.61.50.0%
Armenia1.21.51.31.45.3%
BulgariaN/AN/A23.6N/A0%
Oman1.4N/AN/AN/A0%
Others15111582.397.7-13.5%
Total304197165183-15.6%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Iran in 2022:

  1. Iraq (1684.0 kg)
  2. Belarus (794.0 kg)
  3. Turkey (274.0 kg)
  4. Afghanistan (192.0 kg)
  5. Kazakhstan (89.0 kg)
  6. Lebanon (75.0 kg)
  7. Armenia (62.0 kg)

Source: IndexBox Market Intelligence Platform

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