Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Iran - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Iran (CIF) - 2022
  2. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Iran (FOB) - 2022
  3. Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Iran
  4. Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Iran

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Iran (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $2,785 per ton, rising by 38% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $2,894 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belarus ($3,386 per ton) and the United Arab Emirates ($3,353 per ton), while the price for Spain ($2,364 per ton) and India ($2,437 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Iran (FOB) - 2022

The average export price for fibres; synthetic filament tow, acrylic or modacrylics stood at $1,248 per ton in 2022, waning by -9.8% against the previous year. Overall, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2013 when the average export price increased by 30% against the previous year. As a result, the export price reached the peak level of $4,227 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -6.9% per year.

Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Iran

In 2022, the amount of fibres; synthetic filament tow, acrylic or modacrylics imported into Iran reduced notably to 4.3K tons, shrinking by -84.8% compared with the previous year. Overall, imports saw a precipitous shrinkage. The smallest decline of -3.1% was in 2020.

In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics shrank sharply to $12M in 2022. Over the period under review, imports saw a sharp descent. The smallest decline of -14.7% was in 2020.

Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey82.267.142.58.6-52.9%
Germany9.911.43.61.0-53.4%
India11.67.43.60.7-60.8%
United Arab Emirates0.30.40.50.626.0%
Spain3.53.41.70.3-55.9%
South Korea1.91.91.00.2-52.8%
China7.99.62.80.1-76.7%
Others3.01.51.50.3-53.6%
Total12010357.312.0-53.6%

Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to Iran in 2022:

  1. Turkey (3108.5 tons)
  2. Germany (352.4 tons)
  3. India (280.1 tons)
  4. United Arab Emirates (188.0 tons)
  5. Spain (143.0 tons)
  6. South Korea (67.3 tons)
  7. China (48.5 tons)

Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Iran

For the third year in a row, Iran recorded decline in shipments abroad of fibres; synthetic filament tow, acrylic or modacrylics, which decreased by -8.6% to 8.9 tons in 2022. In general, exports continue to indicate a drastic downturn. The smallest decline of -5.5% was in 2020.

In value terms, exports of fibres; synthetic filament tow, acrylic or modacrylics reduced rapidly to $11K in 2022. Over the period under review, exports faced a abrupt setback. The smallest decline of -17.5% was in 2021.

Export of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan1.416.113.511.199.4%
Turkey18.3N/AN/AN/A0%
Others0.20.2N/AN/A0.0%
Total19.816.413.511.1-17.5%

Top Export Markets for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic from Iran in 2022:

  1. Afghanistan (8.9 tons)

Source: IndexBox Market Intelligence Platform

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