Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iran - 2022

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iran (CIF) - 2022
  2. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iran (FOB) - 2022
  3. Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iran
  4. Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iran

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iran (CIF) - 2022

In 2022, the average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $3,649 per ton, waning by -23.7% against the previous year. Overall, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 33% against the previous year. Over the period under review, average import prices attained the peak figure at $6,459 per ton in 2012; however, from 2013 to 2022, import prices stood 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 the United Arab Emirates ($5,078 per ton), while the price for South Korea ($1,669 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.0%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iran (FOB) - 2022

In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $1,523 per ton, falling by -63.3% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2018 an increase of 95%. Over the period under review, the average export prices hit record highs at $5,382 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($7,369 per ton), while the average price for exports to Uzbekistan amounted to $1,385 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+95.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iran

In 2022, supplies from abroad of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds decreased by -60.9% to 1.3K tons, falling for the second year in a row after two years of growth. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 319% against the previous year. As a result, imports reached the peak of 5.4K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds contracted sharply to $4.8M in 2022. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 252%. As a result, imports reached the peak of $27M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0901,470565197-43.5%
United Arab Emirates3783371329.8-70.4%
Turkey13.722.910.96.7-21.2%
South Korea99.193.124.96.1-60.5%
IraqN/AN/A313N/A0%
Others6,13725,21414,9044,543-9.5%
Total7,71827,13815,9504,763-14.9%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Iran in 2022:

  1. China (76.5 tons)
  2. South Korea (3.6 tons)
  3. United Arab Emirates (1.9 tons)
  4. Turkey (1.8 tons)

Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iran

After two years of growth, overseas shipments of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds decreased by -75.3% to 26 tons in 2022. In general, exports faced a precipitous descent. The pace of growth was the most pronounced in 2021 when exports increased by 113% against the previous year. As a result, the exports attained the peak of 104 tons, and then reduced sharply in the following year.

In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds fell sharply to $39K in 2022. Over the period under review, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 98%. As a result, the exports attained the peak of $433K, and then fell rapidly in the following year.

Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iran (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
UzbekistanN/AN/A34.80%
ItalyN/AN/A4.40%
OmanN/A4.0N/A0%
TurkmenistanN/A29.1N/A0%
Iraq77.4N/AN/A0%
AfghanistanN/A78.3N/A0%
Turkey32.1105N/A227.1%
Others109217N/A99.1%
Total21943339.2-57.7%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Iran in 2022:

  1. Uzbekistan (25.2 tons)
  2. Italy (0.6 tons)

Source: IndexBox Market Intelligence Platform

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