Price for Yarn; of Flax, Multiple (Folded) or Cabled in Iran - 2022

Contents:

1. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Iran (CIF) - 2022
2. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Iran (FOB) - 2022
3. Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Iran
4. Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Iran

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Iran (CIF) - 2022

The average import price for yarn; of flax, multiple (folded) or cableds stood at $9,557 per ton in 2022, rising by 28% against the previous year. In general, the import price, however, showed a deep slump. The import price peaked at $17,777 per ton in 2012; however, from 2013 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 the United Arab Emirates ($33,674 per ton), while the price for China ($6,248 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.0%), while the prices for the other major suppliers experienced a decline.

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Iran (FOB) - 2022

The average export price for yarn; of flax, multiple (folded) or cableds stood at $15,000 per ton in 2022, with an increase of 54% against the previous year. Over the period under review, the export price enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 121%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($11,500 per ton), while the average price for exports to Iraq stood at $8,079 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+15.6%).

Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Iran

In 2022, imports of yarn; of flax, multiple (folded) or cableds into Iran skyrocketed to 3.2 tons, with an increase of 44% on 2021. Over the period under review, imports, however, continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 458% against the previous year.

In value terms, imports of yarn; of flax, multiple (folded) or cableds surged to $30K in 2022. Overall, imports, however, saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 432% against the previous year.

Top Suppliers of Yarn; of Flax, Multiple (Folded) or Cabled to Iran in 2022:

1. India (1799.0 kg)
2. China (1271.0 kg)
3. United Arab Emirates (95.0 kg)
4. Turkey (9.0 kg)

Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Iran

For the third year in a row, Iran recorded decline in overseas shipments of yarn; of flax, multiple (folded) or cableds, which decreased by -82% to 161 kg in 2022. Over the period under review, exports faced a sharp setback. The smallest decline of -52.9% was in 2020.

In value terms, exports of yarn; of flax, multiple (folded) or cableds fell rapidly to $1.3K in 2022. Overall, exports faced a dramatic shrinkage. The smallest decline of -20.4% was in 2020.

Top Export Markets for Yarn; of Flax, Multiple (Folded) or Cabled from Iran in 2022:

1. Iraq (151.0 kg)
2. Armenia (10.0 kg)

Source: IndexBox Market Intelligence Platform