Price for Fibres; Synthetic Filament Tow, of Polyesters in Iran - 2022

Contents:

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

Price for Fibres; Synthetic Filament Tow, of Polyesters in Iran (FOB) - 2022

In 2022, the average export price for fibres; synthetic filament tow, of polyesterses amounted to $1,177 per ton, surging by 8.5% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 10%. The export price peaked at $1,731 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Afghanistan ($1,329 per ton) and Syrian Arab Republic ($1,240 per ton), while the average price for exports to Turkmenistan ($920 per ton) and Iraq ($933 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-3.0%), while the prices for the other major destinations experienced a decline.

Price for Fibres; Synthetic Filament Tow, of Polyesters in Iran (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, of polyesterses amounted to $2,341 per ton, surging by 3.4% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 32%. Over the period under review, average import prices hit record highs at $3,072 per ton in 2020; however, from 2021 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 Germany ($3,040 per ton), while the price for South Korea ($1,947 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fibres; Synthetic Filament Tow, of Polyesters in Iran

In 2022, approx. 2.7K tons of fibres; synthetic filament tow, of polyesterses were exported from Iran; approximately equating the previous year. Overall, exports faced a sharp decline.

In value terms, exports of fibres; synthetic filament tow, of polyesterses reached $3.1M in 2022. Over the period under review, exports saw a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 8.7% against the previous year.

Export of Fibres; Synthetic Filament Tow, of Polyesters in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,954745268634-31.3%
Turkey19.1185300157101.8%
Afghanistan55317116.8103-42.9%
Turkmenistan21412299.3100-22.4%
Iraq5,59161182.788.8-74.9%
Syrian Arab Republic75.524.930.631.8-25.0%
United Arab Emirates90.834.512.329.4-31.3%
IndiaN/AN/A681N/A0%
Romania200N/AN/AN/A0%
Others7,9467731,4081,986-37.0%
Total16,6452,6672,8993,131-42.7%

Top Export Markets for Fibres; Synthetic Filament Tow, of Polyesters from Iran in 2022:

  1. China (532.1 tons)
  2. Turkey (127.0 tons)
  3. Turkmenistan (109.0 tons)
  4. Iraq (95.2 tons)
  5. Afghanistan (77.2 tons)
  6. United Arab Emirates (27.9 tons)
  7. Syrian Arab Republic (25.6 tons)

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Iran

In 2022, the amount of fibres; synthetic filament tow, of polyesterses imported into Iran declined remarkably to 1.3K tons, falling by -46.5% compared with the year before. In general, imports faced a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 163% against the previous year. As a result, imports attained the peak of 2.5K tons, and then contracted sharply in the following year.

In value terms, imports of fibres; synthetic filament tow, of polyesterses shrank significantly to $3.1M in 2022. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 94% against the previous year. As a result, imports reached the peak of $5.6M, and then contracted sharply in the following year.

Import of Fibres; Synthetic Filament Tow, of Polyesters in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1,2621,1791,6771,158-2.8%
Germany2,0388001,258784-27.3%
China13.914.761910.2-9.8%
Others2,1298972,0461,144-18.7%
Total5,4422,8905,5993,096-17.1%

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Iran in 2022:

  1. United Arab Emirates (581.7 tons)
  2. Germany (257.8 tons)
  3. China (4.7 tons)

Source: IndexBox Market Intelligence Platform

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