Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Iran - 2022

Contents:

  1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Iran (FOB) - 2022
  2. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Iran (CIF) - 2022
  3. Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Iran
  4. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Iran

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Iran (FOB) - 2022

The average export price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses stood at $1,703 per ton in 2022, picking up by 121% against the previous year. In general, the export price recorded a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($2,354 per ton), while the average price for exports to Afghanistan ($543 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 Kazakhstan (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Iran (CIF) - 2022

The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses stood at $1,195 per ton in 2022, reducing by -17% against the previous year. Over the period under review, the import price saw a deep reduction. The pace of growth was the most pronounced in 2017 an increase of 78%. The import price peaked at $3,667 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($6,377 per ton), while the price for Turkey totaled $217 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (-3.5%).

Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Iran

In 2022, approx. 299 tons of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses were exported from Iran; waning by -54.5% against the previous year. Overall, exports recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 92%.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $509K in 2022. Over the period under review, exports, however, showed slight growth. The growth pace was the most rapid in 2021 when exports increased by 158% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan36.132.739.540.33.7%
Turkey9.18.29.99.92.8%
Kazakhstan8.67.38.48.0-2.4%
Iraq17.51.81.71.4-56.9%
Others4111464474493.0%
Total4831965065091.8%

Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres from Iran in 2022:

  1. Afghanistan (74.1 tons)
  2. Turkey (13.3 tons)
  3. Kazakhstan (3.6 tons)
  4. Iraq (0.6 tons)

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Iran

In 2022, approx. 19 tons of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses were imported into Iran; with a decrease of -69.9% on the previous year's figure. In general, imports, however, saw a modest expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 657% against the previous year. As a result, imports reached the peak of 65 tons, and then declined dramatically in the following year.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses declined dramatically to $23K in 2022. Over the period under review, imports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 580% against the previous year. As a result, imports reached the peak of $93K, and then dropped markedly in the following year.

Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland28.311.979.519.7-11.4%
Turkey2.71.813.73.610.1%
Others18.9N/AN/AN/A0%
Total49.913.793.123.3-22.4%

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres to Iran in 2022:

  1. Turkey (16.4 tons)
  2. Switzerland (3.1 tons)

Source: IndexBox Market Intelligence Platform

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