Flax Yarn Price in Iraq - 2022

Flax Yarn Price in Iraq (CIF) - 2022

In 2022, the average flax yarn import price amounted to $8,120 per ton, which is down by -13.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 72% against the previous year. As a result, import price reached the peak level of $9,419 per ton, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($22,000 per ton), while the price for Iran stood at $7,907 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+68.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Flax Yarn Imports in Iraq

In 2022, imports of flax yarns into Iraq skyrocketed to 100 kg, with an increase of 35% compared with the previous year's figure. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 303%. As a result, imports attained the peak of 242 kg. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, flax yarn imports surged to $812 in 2022. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 216% against the previous year. As a result, imports reached the peak of $1.3K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.