Iran: Textile Relling Machine Market 2024

Textile Relling Machine Market Size in Iran

After two years of growth, the Iranian textile relling machine market decreased by -15.4% to $X in 2021. In general, consumption, however, saw a strong increase. Textile relling machine consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Textile Relling Machine Exports

Exports from Iran

In 2021, shipments abroad of machines for reeling, unreeling or textile fabrics decreased by -78% to X units, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2018 when exports increased by 8,900% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, textile relling machine exports declined dramatically to $X in 2021. In general, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2018 when exports increased by 7,224%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Turkey (X units) was the main destination for textile relling machine exports from Iran, with a 94% share of total exports. It was followed by Kazakhstan (X units), with a 2.8% share of total exports. Armenia (X units) ranked third in terms of total exports with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey stood at +5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-30.4% per year) and Armenia (-99.1% per year).

In value terms, Turkey ($X), Armenia ($X) and Azerbaijan ($X) constituted the largest markets for textile relling machine exported from Iran worldwide, together accounting for 99% of total exports.

Among the main countries of destination, Turkey, with a CAGR of -22.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average textile relling machine export price amounted to $X per unit, with a decrease of -50% against the previous year. Overall, the export price faced a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 255% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Armenia ($X per unit), while the average price for exports to Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+2,029.7%), while the prices for the other major destinations experienced mixed trend patterns.

Textile Relling Machine Imports

Imports into Iran

After two years of growth, supplies from abroad of machines for reeling, unreeling or textile fabrics decreased by -25.7% to X units in 2021. Over the period under review, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 126%. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, textile relling machine imports expanded slightly to $X in 2021. Overall, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 96% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest textile relling machine supplier to Iran, with a 47% share of total imports. Moreover, textile relling machine imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), twofold. Spain (X units) ranked third in terms of total imports with an 18% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +42.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+21.3% per year) and Spain (-6.7% per year).

In value terms, the largest textile relling machine suppliers to Iran were China ($X), Spain ($X) and Turkey ($X), together comprising 91% of total imports.

Among the main suppliers, China, with a CAGR of +14.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average textile relling machine import price amounted to $X per unit, surging by 37% against the previous year. Overall, the import price, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by 48% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+12.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :