Synthetic Filament Tow Price in Iran - 2022
Contents:
- Synthetic Filament Tow Price in Iran (CIF) - 2022
- Synthetic Filament Tow Price in Iran (FOB) - 2022
- Synthetic Filament Tow Imports in Iran
- Synthetic Filament Tow Exports in Iran
Synthetic Filament Tow Price in Iran (CIF) - 2022
The average synthetic filament tow import price stood at $2,312 per ton in 2022, rising by 7.9% against the previous year. In general, the import price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs at $2,897 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($2,468 per ton) and Belarus ($2,456 per ton), while the price for Taiwan (Chinese) ($1,766 per ton) and India ($1,767 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Synthetic Filament Tow Price in Iran (FOB) - 2022
The average synthetic filament tow export price stood at $1,178 per ton in 2022, rising by 9% against the previous year. Overall, the export price, however, saw a deep slump. The growth pace was the most rapid in 2017 when the average export price increased by 10%. Over the period under review, the average export prices reached the maximum at $2,431 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkmenistan ($1,272 per ton), while the average price for exports to Armenia ($765 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 Turkey (-3.8%), while the prices for the other major destinations experienced a decline.
Synthetic Filament Tow Imports in Iran
In 2022, the amount of synthetic filament tows imported into Iran fell to 94K tons, waning by -5.8% compared with the year before. Overall, imports recorded a abrupt contraction. The smallest decline of -3.9% was in 2020.
In value terms, synthetic filament tow imports stood at $217M in 2022. Over the period under review, imports recorded a perceptible slump.
| Import of Synthetic Filament Tow in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 81.6 | 63.9 | 75.0 | 73.1 | -3.6% |
| Germany | 12.4 | 12.1 | 7.9 | 8.9 | -10.5% |
| India | 0.3 | 0.2 | 0.1 | 5.0 | 155.4% |
| United Arab Emirates | 0.3 | 0.4 | 0.8 | 4.7 | 150.2% |
| Spain | 3.6 | 3.4 | 3.4 | 2.9 | -7.0% |
| South Korea | 2.0 | 1.8 | 1.8 | 1.5 | -9.1% |
| China | 8.5 | 9.8 | 5.8 | 1.2 | -47.9% |
| Others | 139 | 118 | 118 | 120 | -4.8% |
| Total | 247 | 210 | 213 | 217 | -4.2% |
Top Suppliers of Synthetic Filament Tow to Iran in 2022:
- Turkey (29.6K tons)
- Germany (4.2K tons)
- India (2.9K tons)
- United Arab Emirates (1.9K tons)
- Spain (1.5K tons)
- South Korea (0.7K tons)
- China (0.5K tons)
Synthetic Filament Tow Exports in Iran
In 2022, synthetic filament tow exports from Iran shrank slightly to 2.7K tons, therefore, remained relatively stable against 2021 figures. Over the period under review, exports recorded a sharp descent. The smallest decline of -0.9% was in 2021.
In value terms, synthetic filament tow exports expanded notably to $3.1M in 2022. In general, exports recorded a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 8.7%.
| Export of Synthetic Filament Tow in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 4,864 | 400 | 127 | 878 | -43.5% |
| China | 1,669 | 486 | 411 | 481 | -33.9% |
| Turkey | 333 | 121 | 460 | 236 | -10.8% |
| Afghanistan | 501 | 119 | 31.5 | 83.1 | -45.1% |
| Turkmenistan | 183 | 81.2 | 160 | 81.9 | -23.5% |
| Armenia | 66.6 | 25.7 | 50.8 | 27.1 | -25.9% |
| India | N/A | N/A | 1,045 | N/A | 0% |
| Others | 9,342 | 1,442 | 622 | 1,352 | -47.5% |
| Total | 16,958 | 2,675 | 2,907 | 3,139 | -43.0% |
Top Export Markets for Synthetic Filament Tow from Iran in 2022:
- Iraq (821.4 tons)
- China (449.2 tons)
- Turkey (212.6 tons)
- Afghanistan (69.3 tons)
- Turkmenistan (64.4 tons)
- Armenia (35.5 tons)
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