Iran: Man-Made Filament Fabric Market 2024

Man-Made Filament Fabric Market Size in Iran

In 2022, the Iranian man-made filament fabric market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption saw a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Man-Made Filament Fabric Exports

Exports from Iran

Man-made filament fabric exports from Iran fell to X square meters in 2022, with a decrease of X% against 2021. In general, exports, however, continue to indicate temperate growth. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at X square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, man-made filament fabric exports dropped to $X in 2022. Over the period under review, exports, however, posted pronounced growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Azerbaijan (X square meters) was the main destination for man-made filament fabric exports from Iran, accounting for a X% share of total exports. Moreover, man-made filament fabric exports to Azerbaijan exceeded the volume sent to the second major destination, Georgia (X square meters), fivefold. Armenia (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Azerbaijan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Armenia (X% per year).

In value terms, Azerbaijan ($X), Georgia ($X) and Armenia ($X) were the largest markets for man-made filament fabric exported from Iran worldwide.

Bahrain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average man-made filament fabric export price stood at $X per square meter in 2021, surging by X% against the previous year. Overall, the export price, however, showed a mild downturn. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked at $X per square meter in 2017; however, from 2018 to 2021, 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 Georgia ($X per square meter), while the average price for exports to Armenia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Man-Made Filament Fabric Imports

Imports into Iran

In 2022, imports of woven fabrics of man-made filaments and staple fibers into Iran declined to X square meters, shrinking by X% on the previous year. In general, imports saw a deep setback. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports reached the maximum at X square meters in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, man-made filament fabric imports rose significantly to $X in 2022. Over the period under review, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X square meters) was the main supplier of man-made filament fabric to Iran, with a X% share of total imports. Moreover, man-made filament fabric imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X square meters), sevenfold. The third position in this ranking was taken by India (X square meters), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of woven fabrics of man-made filaments and staple fibers to Iran, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and India (X% per year).

Import Prices by Country

The average man-made filament fabric import price stood at $X per square meter in 2021, dropping by X% against the previous year. Overall, the import price continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, average import prices hit record highs at $X per square meter in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from India ($X per square meter) and China ($X per square meter), while the price for the United Arab Emirates ($X per square meter) and Turkey ($X per square meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :