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Iran's fabric imports recover in January 2024 after decline in 2023

Insights

• Fabric is a key import for Iran's textile industry, experiencing a decline in 2023 with imports falling to $*******.*** million from $*******.*** million in 2022.
• The initial 2024 figures, however, show a rebound to $****.*** million in January, suggesting a recovering demand.
• Over the years, imports have fluctuated, reflecting the local industry's limited capacity.