Price for Textiles; Worn Clothing and Other Worn Articles in Iran - 2022
Contents:
- Price for Textiles; Worn Clothing and Other Worn Articles in Iran (CIF) - 2022
- Price for Textiles; Worn Clothing and Other Worn Articles in Iran (FOB) - 2022
- Imports of Textiles; Worn Clothing and Other Worn Articles in Iran
- Exports of Textiles; Worn Clothing and Other Worn Articles in Iran
Price for Textiles; Worn Clothing and Other Worn Articles in Iran (CIF) - 2022
The average import price for textiles; worn clothing and other worn articleses stood at $1,277 per ton in 2022, with an increase of 13% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for textiles; worn clothing and other worn articleses increased by +82.9% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 53%. The import price peaked at $1,672 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kuwait ($5,023 per ton), while the price for Sweden ($752 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textiles; Worn Clothing and Other Worn Articles in Iran (FOB) - 2022
In 2022, the average export price for textiles; worn clothing and other worn articleses amounted to $890 per ton, declining by -50.9% against the previous year. In general, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 an increase of 31% against the previous year. As a result, the export price reached the peak level of $2,756 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($11,768 per ton), while the average price for exports to Benin ($424 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 India (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textiles; Worn Clothing and Other Worn Articles in Iran
Imports of textiles; worn clothing and other worn articleses into Iran fell dramatically to 428 tons in 2022, shrinking by -53.3% against 2021. Over the period under review, imports showed a dramatic decline. The growth pace was the most rapid in 2021 when imports increased by 211%.
In value terms, imports of textiles; worn clothing and other worn articleses reduced remarkably to $546K in 2022. In general, imports faced a sharp decline. The pace of growth appeared the most rapid in 2021 when imports increased by 229%.
| Import of Textiles; Worn Clothing and Other Worn Articles in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.3 | 7.1 | 726 | 298 | 261.7% |
| Turkey | 5.7 | 31.8 | 183 | 142 | 192.1% |
| United Arab Emirates | 1,550 | 196 | 45.3 | 22.4 | -75.6% |
| Sweden | N/A | 1.1 | N/A | 12.1 | 231.7% |
| Others | 209 | 80.0 | 82.7 | 71.4 | -30.1% |
| Total | 1,771 | 316 | 1,037 | 546 | -32.4% |
Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Iran in 2022:
- China (328.2 tons)
- Turkey (62.4 tons)
- Sweden (16.0 tons)
- United Arab Emirates (8.5 tons)
Exports of Textiles; Worn Clothing and Other Worn Articles in Iran
Exports of textiles; worn clothing and other worn articleses from Iran skyrocketed to 580 tons in 2022, increasing by 244% against the previous year's figure. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of textiles; worn clothing and other worn articleses surged to $516K in 2022. Overall, total exports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Textiles; Worn Clothing and Other Worn Articles in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 6.3 | N/A | N/A | 170 | 199.9% |
| Benin | N/A | N/A | 38.9 | 130 | 234.2% |
| Sweden | 289 | 149 | 111 | 127 | -24.0% |
| United Kingdom | 22.8 | 113 | 15.6 | 33.7 | 13.9% |
| Nigeria | 80.6 | 11.7 | 0.6 | 2.7 | -67.8% |
| United Arab Emirates | 1.0 | 2.7 | 22.5 | 2.0 | 26.0% |
| South Korea | 19.2 | 58.0 | 5.7 | 1.0 | -62.7% |
| Others | 76.9 | 96.2 | 111 | 49.8 | -13.5% |
| Total | 495 | 430 | 305 | 516 | 1.4% |
Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Iran in 2022:
- Benin (305.7 tons)
- Pakistan (219.1 tons)
- Sweden (25.9 tons)
- United Kingdom (10.8 tons)
- United Arab Emirates (1.9 tons)
- Nigeria (0.6 tons)
- South Korea (0.4 tons)
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