Iran - Glass Fibre Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Iran - Glass Fibre Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights

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Price for Glass Fibre Chopped Strand in Iran - 2021

Contents:

  1. Price for Glass Fibre Chopped Strand in Iran (CIF) - 2022
  2. Price for Glass Fibre Chopped Strand in Iran (FOB) - 2022
  3. Imports of Glass Fibre Chopped Strand in Iran
  4. Exports of Glass Fibre Chopped Strand in Iran

Price for Glass Fibre Chopped Strand in Iran (CIF) - 2022

In 2022, the average glass fibre chopped strand import price amounted to $878 per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 an increase of 7% against the previous year. Over the period under review, average import prices attained the peak figure at $1,089 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Hong Kong SAR ($1,165 per ton) and Taiwan (Chinese) ($1,155 per ton), while the price for China ($840 per ton) and South Korea ($1,018 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.2%), while the prices for the other major suppliers experienced a decline.

Price for Glass Fibre Chopped Strand in Iran (FOB) - 2022

The average glass fibre chopped strand export price stood at $793 per ton in 2022, with an increase of 2% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass fibre chopped strand export price decreased by -27.6% against 2017 indices. The pace of growth was the most pronounced in 2015 when the average export price increased by 32%. Over the period under review, the average export prices attained the maximum at $1,096 per ton in 2017; however, from 2018 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 Azerbaijan ($1,791 per ton), while the average price for exports to Georgia ($644 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 Armenia (+10.8%), while the prices for the other major destinations experienced a decline.

Imports of Glass Fibre Chopped Strand in Iran

Glass fibre chopped strand imports into Iran soared to 14K tons in 2022, increasing by 49% compared with the previous year. In general, imports, however, saw a abrupt contraction.

In value terms, glass fibre chopped strand imports surged to $12M in 2022. Overall, imports, however, continue to indicate a deep slump.

Import of Glass Fibre Chopped Strand in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.210.86.69.5-5.3%
South Korea1.82.91.01.5-5.9%
Hong Kong SAR0.70.70.20.4-17.0%
Taiwan (Chinese)0.30.60.20.30.0%
Others0.60.80.20.3-20.6%
Total14.515.88.112.0-6.1%

Top Suppliers of Glass Fibre Chopped Strand to Iran in 2022:

  1. China (11.3K tons)
  2. South Korea (1.5K tons)
  3. Hong Kong SAR (0.3K tons)
  4. Taiwan (Chinese) (0.2K tons)

Exports of Glass Fibre Chopped Strand in Iran

In 2022, overseas shipments of glass fibre chopped strands were finally on the rise to reach 14 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt descent.

In value terms, glass fibre chopped strand exports skyrocketed to $11K in 2022. Over the period under review, exports, however, faced a deep setback.

Export of Glass Fibre Chopped Strand in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Armenia0.212.57.69.2258.3%
GeorgiaN/A0.2N/A1.5173.9%
Azerbaijan0.11.50.70.791.3%
Afghanistan18.6N/AN/AN/A0%
OthersN/A0.2N/AN/A0%
Total18.914.48.411.4-15.5%

Top Export Markets for Glass Fibre Chopped Strand from Iran in 2022:

  1. Armenia (11.6 tons)
  2. Georgia (2.4 tons)
  3. Azerbaijan (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for glass fibre chopped strand in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 23141110 - Glass fibre threads cut into lengths of at least 3 mm but . .50 mm (chopped strands)

Country coverage:

  • Iran

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Iran
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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