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

Contents:

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

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

In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $649 per ton, surging by 24% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 33% against the previous year. The export price peaked at $1,514 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 China ($1,381 per ton), while the average price for exports to Afghanistan ($614 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 Afghanistan (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $564 per ton in 2022, growing by 70% against the previous year. Overall, the import price, however, showed a abrupt setback. Over the period under review, average import prices reached the maximum at $1,183 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +2.9% per year.

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

For the third year in a row, Iran recorded decline in shipments abroad of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses, which decreased by -24.9% to 122 tons in 2022. In general, exports showed a precipitous contraction.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses fell to $79K in 2022. Over the period under review, exports faced a sharp setback.

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

1. Afghanistan (111.3 tons)
2. Turkey (8.1 tons)
3. China (2.1 tons)

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses, when their volume increased by 615% to 50 tons. Overall, imports recorded a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses surged to $28K in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Turkey (49.7 tons)

Source: IndexBox Market Intelligence Platform