Tufted Textile Fabric Market Overview in Iran
In value terms, tufted textile fabric production stood at $ in 2019 estimated in export prices. Over the period under review, production, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of % against the previous year. Iran production peaked in 2019 and is expected to retain growth in the immediate term.
The size of the tufted textile fabric market in Iran dropped to $ in 2019, waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt downturn. The pace of growth was the most pronounced in 2008 with an increase of % against the previous year. As a result, consumption reached the peak level of $. From 2009 to 2019, the growth of the market remained at a lower figure.