Price for Silk; Woven Fabrics of Noil Silk in Iran - 2022

Contents:

  1. Price for Silk; Woven Fabrics of Noil Silk in Iran (CIF) - 2022
  2. Price for Silk; Woven Fabrics of Noil Silk in Iran (FOB) - 2022
  3. Imports of Silk; Woven Fabrics of Noil Silk in Iran
  4. Exports of Silk; Woven Fabrics of Noil Silk in Iran

Price for Silk; Woven Fabrics of Noil Silk in Iran (CIF) - 2022

The average import price for silk; woven fabrics of noil silks stood at $16,803 per ton in 2022, falling by -11% against the previous year. Over the period under review, the import price recorded a pronounced curtailment. The pace of growth was the most pronounced in 2021 when the average import price increased by 183%. Over the period under review, average import prices attained the peak figure at $26,304 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Azerbaijan ($24,145 per ton), while the price for the United Arab Emirates ($6,414 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.2%), while the prices for the other major suppliers experienced a decline.

Price for Silk; Woven Fabrics of Noil Silk in Iran (FOB) - 2022

In 2022, the average export price for silk; woven fabrics of noil silks amounted to $22,949 per ton, increasing by 7.2% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 72% against the previous year. The export price peaked at $37,000 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($35,333 per ton), while the average price for exports to the United Arab Emirates ($7,000 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 Japan (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silk; Woven Fabrics of Noil Silk in Iran

In 2022, approx. 22 tons of silk; woven fabrics of noil silks were imported into Iran; jumping by 97% on 2021. Over the period under review, imports, however, recorded a abrupt shrinkage.

In value terms, imports of silk; woven fabrics of noil silks skyrocketed to $374K in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Silk; Woven Fabrics of Noil Silk in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AzerbaijanN/AN/A15528382.6%
United Arab Emirates18725720.850.4-35.4%
Turkey26.932.836.740.814.9%
Others0.10.10.10.10.0%
Total21428921337420.5%

Top Suppliers of Silk; Woven Fabrics of Noil Silk to Iran in 2022:

  1. Azerbaijan (11.7 tons)
  2. United Arab Emirates (7.9 tons)
  3. Turkey (2.7 tons)

Exports of Silk; Woven Fabrics of Noil Silk in Iran

In 2022, shipments abroad of silk; woven fabrics of noil silks decreased by -94.7% to 59 kg, falling for the second year in a row after two years of growth. In general, exports recorded a dramatic decline. The pace of growth was the most pronounced in 2020 with an increase of 64%. As a result, the exports reached the peak of 4 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of silk; woven fabrics of noil silks contracted rapidly to $1.4K in 2022. Overall, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. As a result, the exports attained the peak of $88K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Silk; Woven Fabrics of Noil Silk in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq3.36.82.30.3-55.0%
Australia1.52.31.60.2-48.9%
China0.21.24.40.20.0%
Japan1.310.46.80.2-46.4%
Oman2.21.10.10.1-64.3%
United Arab Emirates0.50.60.80.1-41.5%
Kuwait0.21.72.90.1-20.6%
India4.38.6N/AN/A100.0%
Singapore39.8N/AN/AN/A0%
Qatar7.229.0N/AN/A302.8%
AfghanistanN/A15.2N/AN/A0%
CanadaN/A0.80.8N/A0.0%
Others7.010.24.30.1-75.7%
Total67.687.823.81.4-72.5%

Top Export Markets for Silk; Woven Fabrics of Noil Silk from Iran in 2022:

  1. Australia (12.0 kg)
  2. United Arab Emirates (9.0 kg)
  3. Iraq (9.0 kg)
  4. China (7.0 kg)
  5. Japan (7.0 kg)
  6. Oman (5.0 kg)
  7. Kuwait (5.0 kg)
  8. Canada (2.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Silk; woven fabrics of noil silk - Iran