Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Iran - 2022

Contents:

1. Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Iran (CIF) - 2022
2. Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Iran (FOB) - 2022
3. Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Iran
4. Exports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Iran

Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Iran (CIF) - 2022

The average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s stood at $12,683 per ton in 2022, jumping by 30% against the previous year. Overall, the import price continues to indicate a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -12.7% per year.

Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Iran (FOB) - 2022

In 2022, the average export price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $5,724 per ton, with an increase of 55% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 China ($6,608 per ton), while the average price for exports to Kenya totaled $3,984 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+13.4%).

Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Iran

Imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s into Iran fell markedly to 59 tons in 2022, waning by -21% on 2021. In general, imports saw a sharp curtailment.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s rose slightly to $743K in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2021 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) to Iran in 2022:

1. Uzbekistan (58.5 tons)

Exports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Iran

In 2022, approx. 558 kg of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s were exported from Iran; with a decrease of -11.4% on the previous year's figure. Overall, exports continue to indicate a significant decline.

In value terms, exports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s soared to $3.2K in 2022. Over the period under review, exports showed a sharp slump.

Top Export Markets for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) from Iran in 2022:

1. China (370.0 kg)
2. Kenya (188.0 kg)

Source: IndexBox Market Intelligence Platform