Frozen Strawberries Price in Iraq - 2022
Contents:
Frozen Strawberries Price in Iraq (CIF) - 2022
In 2022, the average frozen strawberries import price amounted to $2,066 per ton, surging by 4.2% against the previous year. Over the period under review, the import price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 167% against the previous year. The import price peaked at $3,016 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($4,474 per ton), while the price for the United Arab Emirates ($1,376 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+87.0%), while the prices for the other major suppliers experienced a decline.
Frozen Strawberries Imports in Iraq
In 2022, overseas purchases of frozen strawberrieses were finally on the rise to reach 126 tons after two years of decline. Overall, imports, however, continue to indicate a deep setback.
In value terms, frozen strawberries imports soared to $260K in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Strawberries in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | 155 | 123 | 126 | 157 | 0.4% |
Iran | 3.6 | 7.5 | 0.9 | 3.6 | 0.0% |
Turkey | 27.0 | 51.1 | 6.4 | 3.4 | -49.9% |
United Arab Emirates | 0.4 | 6.0 | 11.7 | 0.9 | 31.0% |
Others | 0.6 | 0.8 | 2.9 | 95.8 | 442.5% |
Total | 187 | 189 | 147 | 260 | 11.6% |
Top Suppliers of Frozen Strawberries to Iraq in 2022:
- Egypt (76.6 tons)
- Iran (2.3 tons)
- Turkey (0.8 tons)
- United Arab Emirates (0.7 tons)
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Global frozen fruit trade expanded to $7.1B in 2021.
Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tons. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per ton in 2020, increasing by +8.2% y-o-y.
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