Price for Yarn; of Flax, Single in Iran - 2022

Contents:

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

Price for Yarn; of Flax, Single in Iran (CIF) - 2022

In 2022, the average yarn; of flax, single import price amounted to $7,329 per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of 70%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($7,439 per ton), while the price for Turkey totaled $2,661 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Yarn; of Flax, Single in Iran (FOB) - 2022

In 2022, the average yarn; of flax, single export price amounted to $2,818 per ton, flattening at the previous year. Overall, the export price continues to indicate a noticeable decline. The growth pace was the most rapid in 2013 when the average export price increased by 125% against the previous year. As a result, the export price attained the peak level of $7,728 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Armenia.

From 2012 to 2022, the rate of growth in terms of prices for Armenia amounted to -2.0% per year.

Imports of Yarn; of Flax, Single in Iran

In 2022, approx. 18 tons of yarn; of flax, singles were imported into Iran; growing by 14% against 2021. The total import volume increased at an average annual rate of +14.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, yarn; of flax, single imports expanded sharply to $131K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Yarn; of Flax, Single to Iran in 2022:

1. India (17.4 tons)
2. Turkey (0.4 tons)

Exports of Yarn; of Flax, Single in Iran

In 2022, the amount of yarn; of flax, singles exported from Iran surged to 209 kg, growing by 20% on the year before. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.3% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, yarn; of flax, single exports surged to $589 in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.9% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Yarn; of Flax, Single from Iran in 2022:

1. Armenia (209.0 kg)

Source: IndexBox Market Intelligence Platform