Lamp Holder Price in Iraq - 2022

Lamp Holder Price in Iraq (CIF) - 2022

The average lamp holder import price stood at $0.4 per unit in 2022, growing by 21% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 an increase of 54% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +8.9% per year.

Lamp Holder Price in Iraq (FOB) - 2022

The average lamp holder export price stood at $0.9 per unit in 2021, surging by 159% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decline. Over the period under review, the average export prices attained the peak figure at $2.2 per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2021, the rate of growth in terms of prices for Indonesia amounted to 0.0% per year.

Lamp Holder Imports in Iraq

In 2022, approx. 20M units of lamp holders for under 1000 v were imported into Iraq; falling by -37.4% compared with the previous year's figure. Over the period under review, imports continue to indicate a significant contraction. The smallest decline of -3.4% was in 2020. Over the period under review, imports reached the maximum at 43M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, lamp holder imports reduced remarkably to $7.5M in 2022. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 2%. As a result, imports attained the peak of $14M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Lamp Holder in Iraq (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	13.8	14.1	9.8	7.2	-19.5%
Others	0.2	0.1	0.2	0.3	14.5%
Total	14.0	14.3	9.9	7.5	-18.8%

Top Suppliers of Lamp Holder to Iraq in 2022:

China (19.1M units)

Lamp Holder Exports in Iraq

In 2021, approx. 126 units of lamp holders for under 1000 v were exported from Iraq; dropping by -57% against the previous year's figure. Overall, exports showed a precipitous contraction. Over the period under review, the exports attained the peak figure at 293 units in 2020, and then fell rapidly in the following year.

In value terms, lamp holder exports amounted to $119 in 2021. The total export value increased at an average annual rate of +11.2% from 2020 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.