Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iran - 2022

Contents:

  1. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iran (CIF) - 2022
  2. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iran (FOB) - 2022
  3. Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iran
  4. Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iran

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iran (CIF) - 2022

In 2022, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $3,890 per ton, growing by 2.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2021 an increase of 27% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($6,461 per ton), while the price for Taiwan (Chinese) ($701 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+30.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iran (FOB) - 2022

The average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $1,379 per ton in 2022, falling by -2.8% against the previous year. Over the period under review, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of 48%. Over the period under review, the average export prices attained the peak figure at $3,799 per ton in 2016; however, from 2017 to 2022, the export prices remained at a 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 Afghanistan ($1,482 per ton), while the average price for exports to Tajikistan ($810 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 Afghanistan (-4.4%), while the prices for the other major destinations experienced a decline.

Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iran

In 2022, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings into Iran reduced markedly to 2.2K tons, waning by -45.4% on 2021. Overall, imports saw a sharp setback. The pace of growth was the most pronounced in 2021 when imports increased by 6.2%.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings declined markedly to $8.4M in 2022. In general, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 35%.

Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey6.75.17.14.0-15.8%
Bulgaria1.81.62.71.80.0%
Germany2.20.31.00.6-35.2%
Thailand1.20.91.20.6-20.6%
Taiwan (Chinese)1.30.80.80.3-38.7%
Malaysia1.10.70.80.3-35.2%
France0.50.30.30.1-41.5%
China2.50.60.1N/A-80.0%
Others1.30.91.20.7-18.6%
Total18.611.215.18.4-23.3%

Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Iran in 2022:

  1. Turkey (613.8 tons)
  2. Taiwan (Chinese) (494.9 tons)
  3. Bulgaria (405.2 tons)
  4. Thailand (180.7 tons)
  5. Germany (171.4 tons)
  6. France (120.4 tons)
  7. Malaysia (74.3 tons)
  8. China (9.0 tons)

Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iran

In 2022, shipments abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -92.2% to 16 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a significant decline. The pace of growth appeared the most rapid in 2020 with an increase of 437%. As a result, the exports reached the peak of 889 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings contracted markedly to $22K in 2022. Overall, exports saw a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 299% against the previous year. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan2961,01417918.0-60.7%
Turkmenistan6.348.39.41.3-40.9%
Tajikistan2.962.638.81.3-23.5%
Turkey4.379.139.60.8-42.9%
Iraq1.525.06.30.7-22.4%
Georgia0.816.63.3N/A103.1%
Others1.74.715.0N/A197.0%
Total3131,25029122.1-58.7%

Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from Iran in 2022:

  1. Afghanistan (12.2 tons)
  2. Tajikistan (1.6 tons)
  3. Turkmenistan (0.9 tons)
  4. Turkey (0.6 tons)
  5. Iraq (0.6 tons)

Source: IndexBox Market Intelligence Platform

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