Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Iran - 2022

Contents:

1. Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Iran (CIF) - 2022
2. Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Iran (FOB) - 2022
3. Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Iran
4. Exports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Iran

Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Iran (CIF) - 2022

In 2022, the average import price for yarn; of jute or of other textile bast fibres, singles amounted to $1,765 per ton, picking up by 6.3% against the previous year. In general, the import price, however, recorded a mild reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by 18%. The import price peaked at $1,972 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($1,783 per ton), while the price for the United Arab Emirates ($1,447 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced a decline.

Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Iran (FOB) - 2022

The average export price for yarn; of jute or of other textile bast fibres, singles stood at $910 per ton in 2022, surging by 3.5% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by 49%. As a result, the export price attained the peak level of $2,000 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tajikistan ($996 per ton), while the average price for exports to Afghanistan ($71 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 Tajikistan (-1.9%), while the prices for the other major destinations experienced a decline.

Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Iran

For the third year in a row, Iran recorded decline in supplies from abroad of yarn; of jute or of other textile bast fibres, singles, which decreased by -2.1% to 32K tons in 2022. Overall, imports continue to indicate a drastic downturn.

In value terms, imports of yarn; of jute or of other textile bast fibres, singles rose slightly to $56M in 2022. Over the period under review, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 5.4%. As a result, imports reached the peak of $71M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Yarn; of Jute or of Other Textile Bast Fibres, Single to Iran in 2022:

1. Bangladesh (14.9K tons)
2. China (0.5K tons)
3. United Arab Emirates (0.3K tons)

Exports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Iran

Exports of yarn; of jute or of other textile bast fibres, singles from Iran soared to 2.9K tons in 2022, growing by 131% against 2021. Overall, exports posted 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 yarn; of jute or of other textile bast fibres, singles soared to $2.7M in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Yarn; of Jute or of Other Textile Bast Fibres, Single from Iran in 2022:

1. Uzbekistan (2810.2 tons)
2. Tajikistan (129.4 tons)

Source: IndexBox Market Intelligence Platform