Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Iran - 2022

Contents:

  1. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Iran (CIF) - 2022
  2. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Iran (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Iran
  4. Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Iran

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Iran (CIF) - 2022

The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $7,503 per ton in 2022, with an increase of 31% against the previous year. Over the period under review, the import price recorded a remarkable increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 50% against the previous year. The import price peaked at $9,254 per ton in 2016; however, from 2017 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 India ($20,400 per ton), while the price for the United Arab Emirates ($1,031 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Iran (FOB) - 2022

In 2022, the average export price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $5,250 per ton, jumping by 17% against the previous year. Overall, export price indicated perceptible 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, export price for wadding; other articles thereof, other than of cotton or man-made fibreses increased by +82.8% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 103%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($8,800 per ton), while the average price for exports to Austria ($1,000 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 (+2.4%), while the prices for the other major destinations experienced a decline.

Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Iran

In 2022, supplies from abroad of wadding; other articles thereof, other than of cotton or man-made fibreses decreased by -17.6% to 4.9 tons, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 178% against the previous year. As a result, imports attained the peak of 19 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses rose notably to $37K in 2022. In general, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 185% against the previous year. As a result, imports attained the peak of $84K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan8.924.210.411.17.6%
Greece7.320.49.09.810.3%
Italy7.119.78.79.510.2%
India1.94.92.01.90.0%
China1.78.01.51.5-4.1%
United Arab Emirates0.42.61.00.931.0%
Turkey1.21.70.20.7-16.4%
Others0.72.21.01.219.7%
Total29.483.833.936.67.6%

Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Iran in 2022:

  1. Greece (1799.0 kg)
  2. Italy (917.0 kg)
  3. United Arab Emirates (884.0 kg)
  4. Pakistan (720.0 kg)
  5. Turkey (216.0 kg)
  6. China (165.0 kg)
  7. India (95.0 kg)

Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Iran

In 2022, approx. 12 kg of wadding; other articles thereof, other than of cotton or man-made fibreses were exported from Iran; waning by -83.8% compared with the year before. Overall, exports continue to indicate a dramatic slump. The smallest decline of -55.3% was in 2020.

In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses shrank remarkably to $63 in 2022. In general, exports showed a sharp descent. The smallest decline of -56.4% was in 2020.

Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Iran (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia15617015144.0-34.4%
Armenia1,28846814014.0-77.8%
Afghanistan30012341.04.0-76.3%
AustriaN/AN/AN/A1.00%
OthersN/AN/AN/AN/A0%
Total1,74476133263.0-66.9%

Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Iran in 2022:

  1. Georgia (5.0 kg)
  2. Armenia (5.0 kg)
  3. Afghanistan (1.0 kg)
  4. Austria (1.0 kg)

Source: IndexBox Market Intelligence Platform

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