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

Contents:

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

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

The average export price for fibres; synthetic filament tow, of polypropylene stood at $1,369 per ton in 2022, which is down by -16.9% against the previous year. Over the period under review, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of 20% against the previous year. The export price peaked at $2,739 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Afghanistan amounted to -6.7% per year.

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

In 2020, the average import price for fibres; synthetic filament tow, of polypropylene amounted to $15,807 per ton, stabilizing at the previous year. In general, the import price saw a significant increase. The pace of growth appeared the most rapid in 2018 an increase of 183% against the previous year. The import price peaked in 2020 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was China ($16,290 per ton), while the price for Spain totaled $12,570 per ton.

From 2013 to 2020, the most notable rate of growth in terms of prices was attained by China (+92.0%).

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

In 2022, overseas shipments of fibres; synthetic filament tow, of polypropylene were finally on the rise to reach 31 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt decrease.

In value terms, exports of fibres; synthetic filament tow, of polypropylene skyrocketed to $43K in 2022. Overall, exports, however, showed a abrupt decrease.

Export of Fibres; Synthetic Filament Tow, of Polypropylene in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan34.442.88.342.87.6%
Others34.4N/A8.3N/A-50.9%
Total68.842.816.742.8-14.6%

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

  1. Afghanistan (31.2 tons)

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

In 2020, the amount of fibres; synthetic filament tow, of polypropylene imported into Iran dropped notably to 4.7 tons, with a decrease of -81.5% against the previous year's figure. Overall, imports recorded a sharp downturn.

In value terms, imports of fibres; synthetic filament tow, of polypropylene contracted remarkably to $74K in 2020. In general, imports continue to indicate a sharp slump.

Import of Fibres; Synthetic Filament Tow, of Polypropylene in Iran (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
China39766.7-83.2%
SpainN/A3.80%
OthersN/A3.80%
Total39774.3-81.3%

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

  1. China (4.1 tons)
  2. Spain (0.3 tons)

Source: IndexBox Market Intelligence Platform

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