Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Iran - 2022

Contents:

  1. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Iran (FOB) - 2022
  2. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Iran (CIF) - 2022
  3. Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Iran
  4. Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Iran

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Iran (FOB) - 2022

In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $4,503 per ton, rising by 37% against the previous year. Over the period under review, the export price, however, showed a pronounced curtailment. The export price peaked at $7,082 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($6,774 per ton), while the average price for exports to Armenia ($1,799 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 Uzbekistan (+38.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Iran (CIF) - 2022

The average import price for yarn of carded wool, not put up for retail sale stood at $2,474 per ton in 2022, waning by -50.6% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2013 when the average import price increased by 31%. Over the period under review, average import prices attained the peak figure at $9,557 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Mongolia ($3,336 per ton), while the price for Uzbekistan stood at $878 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Iran

After two years of decline, shipments abroad of yarn of carded wool, not put up for retail sale increased by 279% to 53 tons in 2022. In general, exports recorded buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of yarn of carded wool, not put up for retail sale soared to $238K in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/A44.8200346.4%
TurkeyN/AN/AN/A24.70%
ArmeniaN/AN/AN/A8.30%
Azerbaijan8.9N/A0.9N/A-68.2%
DenmarkN/A78.9N/AN/A0%
Afghanistan82.0N/AN/AN/A0%
Others12.8N/AN/A4.8-27.9%
Total10478.945.623831.8%

Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Iran in 2022:

  1. India (44.3 tons)
  2. Armenia (4.6 tons)
  3. Turkey (3.6 tons)

Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Iran

In 2022, imports of yarn of carded wool, not put up for retail sale into Iran fell to 46 tons, reducing by -13.8% against the previous year. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 683% against the previous year. As a result, imports reached the peak of 53 tons, and then reduced in the following year.

In value terms, imports of yarn of carded wool, not put up for retail sale dropped rapidly to $113K in 2022. Overall, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 770% against the previous year. As a result, imports reached the peak of $265K, and then fell sharply in the following year.

Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MongoliaN/A30.522899.080.2%
UzbekistanN/AN/AN/A14.10%
ChinaN/AN/A37.4N/A0%
Turkey82.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total82.030.526511311.3%

Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Iran in 2022:

  1. Mongolia (29.7 tons)
  2. Uzbekistan (16.0 tons)

Source: IndexBox Market Intelligence Platform

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