Iran: Sisal Binder Market 2024

Sisal Binder Market Size in Iran

In 2022, after two years of growth, there was significant decline in the Iranian sisal binder market, when its value decreased by X% to $X. Over the period under review, consumption continues to indicate a dramatic curtailment. Sisal binder consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Sisal Binder Production in Iran

In value terms, sisal binder production reduced modestly to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Sisal binder production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Sisal Binder Exports

Exports from Iran

In 2022, after two years of decline, there was growth in overseas shipments of sisal binder or baler (agricultural) twines, when their volume increased by X% to X tons. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, sisal binder exports rose to $X in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Afghanistan (X tons), Pakistan (X tons) and Kazakhstan (X tons) were the main destinations of sisal binder exports from Iran, together comprising X% of total exports. Syrian Arab Republic, Tajikistan and Turkey lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Tajikistan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Afghanistan ($X), Pakistan ($X) and Kazakhstan ($X) constituted the largest markets for sisal binder exported from Iran worldwide, together comprising X% of total exports.

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

Export Prices by Country

In 2022, the average sisal binder export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Turkey ($X per ton) and Pakistan ($X per ton), while the average price for exports to Tajikistan ($X per ton) and Syrian Arab Republic ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sisal Binder Imports

Imports into Iran

In 2022, purchases abroad of sisal binder or baler (agricultural) twines was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, saw a pronounced slump. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, sisal binder imports surged to $X in 2022. Over the period under review, imports, however, recorded a mild downturn. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest sisal binder supplier to Iran, accounting for a X% share of total imports. Moreover, sisal binder imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X kg), fourfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the United Arab Emirates (X% per year).

In value terms, China ($X) constituted the largest supplier of sisal binder or baler (agricultural) twines to Iran, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

From 2012 to 2022, 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 the United Arab Emirates (X% per year).

Import Prices by Country

The average sisal binder import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sisal binder import price decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, 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 mixed trend patterns.

Source: IndexBox Platform

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