Iran - Glass Fibres And Glass Wool - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Iran - Glass Fibres And Glass Wool - Market Analysis, Forecast, Size, Trends And Insights

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Price for Glass Fibres and Wool in Iran - 2021

Contents:

  1. Price for Glass Fibres and Wool in Iran (CIF) - 2022
  2. Price for Glass Fibres and Wool in Iran (FOB) - 2022
  3. Imports of Glass Fibres and Wool in Iran
  4. Exports of Glass Fibres and Wool in Iran

Price for Glass Fibres and Wool in Iran (CIF) - 2022

In 2022, the average glass fibres and wool import price amounted to $1,387 per ton, reducing by -64.8% against the previous year. Over the period under review, the import price saw a drastic downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by 58% against the previous year. The import price peaked at $5,669 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +12.1% per year.

Price for Glass Fibres and Wool in Iran (FOB) - 2022

The average glass fibres and wool export price stood at $1,004 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price, however, saw a pronounced downturn. The growth pace was the most rapid in 2014 when the average export price increased by 47%. Over the period under review, the average export prices reached the peak figure at $1,610 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($1,949 per ton), while the average price for exports to Kyrgyzstan ($663 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 Azerbaijan (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Fibres and Wool in Iran

In 2022, approx. 4.2K tons of glass fibres and glass wool were imported into Iran; with an increase of 174% on 2021. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, glass fibres and wool imports shrank slightly to $5.9M in 2022. The total import value increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 31%.

Import of Glass Fibres and Wool in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.90.20.15.987.2%
China2.43.44.5N/A36.9%
Turkey0.81.40.8N/A0.0%
Others0.30.60.7N/A52.8%
Total4.35.76.15.911.1%

Top Suppliers of Glass Fibres and Wool to Iran in 2022:

  1. United Arab Emirates (4.2K tons)

Exports of Glass Fibres and Wool in Iran

In 2022, glass fibres and wool exports from Iran soared to 302 tons, jumping by 35% compared with the previous year. Overall, exports, however, continue to indicate a pronounced descent.

In value terms, glass fibres and wool exports surged to $303K in 2022. Over the period under review, exports, however, continue to indicate a abrupt decline.

Export of Glass Fibres and Wool in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Azerbaijan12910054.9100-8.1%
Tajikistan17111374.062.8-28.4%
Cote d'Ivoire35.856.034.142.55.9%
Georgia29.923.932.840.210.4%
United Arab EmiratesN/AN/A1.119.81700.0%
Armenia55.481.020.515.8-34.2%
KazakhstanN/A8.33.06.4-12.2%
KyrgyzstanN/AN/A0.16.16000.0%
Others20.50.23.69.3-23.2%
Total442382224303-11.8%

Top Export Markets for Glass Fibres and Wool from Iran in 2022:

  1. Azerbaijan (128.4 tons)
  2. Cote d'Ivoire (51.0 tons)
  3. Georgia (45.6 tons)
  4. Tajikistan (32.2 tons)
  5. Armenia (14.5 tons)
  6. United Arab Emirates (13.0 tons)
  7. Kyrgyzstan (9.2 tons)
  8. Kazakhstan (7.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for glass fibres and wool in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 23141297 - Glass fibres, incl. glass wool, and articles thereof (excl. staple fibres, rovings, yarn, chopped strands, woven fabrics, also narrow fabrics, thin sheets voiles, webs, mats, mattresses and boards and similar nonwoven products, mineral wool and articles thereof, electrical insulators or parts thereof, optical fibres, fibre bundles or cable, brushes of glass fibres, and dolls' wigs)

Country coverage:

  • Iran

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Iran
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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