Price for Fine or Coarse Animal Hair, Not Carded or Combed in Iran - 2022

Price for Fine or Coarse Animal Hair, Not Carded or Combed in Iran (FOB) - 2022

In 2022, the average export price for fine or coarse animal hair, not carded or combed amounted to $23,215 per ton, increasing by 143% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 405%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Afghanistan ($90,526 per ton), while the average price for exports to Turkey ($193 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 (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fine or Coarse Animal Hair, Not Carded or Combed in Iran (CIF) - 2022

The average import price for fine or coarse animal hair, not carded or combed stood at $2,723 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 1,208%. As a result, import price reached the peak level of $64,561 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -5.8% per year.

Exports of Fine or Coarse Animal Hair, Not Carded or Combed in Iran

In 2022, after three years of growth, there was significant decline in overseas shipments of fine or coarse animal hair, not carded or combed, when their volume decreased by -77.4% to 126 tons. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,667% against the previous year. As a result, the exports attained the peak of 557 tons, and then contracted markedly in the following year.

In value terms, exports of fine or coarse animal hair, not carded or combed shrank notably to $2.9M in 2022. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,576% against the previous year. As a result, the exports attained the peak of $5.3M, and then reduced notably in the following year.

Export of Fine or Coarse Animal Hair, Not Carded or Combed in Iran (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	44.3	126	1,904	1,042	186.5%
United Kingdom	11.6	62.4	440	685	289.4%
Afghanistan	0.9	8.0	198	306	598.0%
China	0.6	35.8	2,366	257	653.8%
India	0.6	13.1	53.1	98.1	446.8%
Belgium	0.7	8.8	24.8	31.9	257.2%
Turkey	0.2	2.1	5.5	9.8	265.9%
Others	4.2	61.1	336	487	387.6%
Total	63.1	318	5,326	2,916	258.9%

Top Export Markets for Fine or Coarse Animal Hair, Not Carded or Combed from Iran in 2022:

Turkey (50.9 tons)
China (32.1 tons)
Italy (14.7 tons)
United Kingdom (8.4 tons)
Belgium (5.1 tons)
India (3.8 tons)
Afghanistan (3.4 tons)

Imports of Fine or Coarse Animal Hair, Not Carded or Combed in Iran

For the third year in a row, Iran recorded decline in supplies from abroad of fine or coarse animal hair, not carded or combed, which decreased by -5.1% to 224 kg in 2022. In general, imports continue to indicate a dramatic decline.

In value terms, imports of fine or coarse animal hair, not carded or combed contracted to $610 in 2022. Over the period under review, imports recorded a precipitous contraction.