Liqueurs and Cordials Price in Iraq - 2022
Contents:
Liqueurs and Cordials Price in Iraq (CIF) - 2022
The average liqueurs and cordials import price stood at $7.2 per litre in 2022, growing by 4.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 27%. The import price peaked at $8.6 per litre in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($21 per litre), while the price for Greece ($1.9 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Liqueurs and Cordials Imports in Iraq
In 2022, after three years of growth, there was significant decline in purchases abroad of liqueurs and cordialses, when their volume decreased by -13.6% to 139K litres. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 199%. Over the period under review, imports reached the peak figure at 161K litres in 2021, and then reduced in the following year.
In value terms, liqueurs and cordials imports dropped to $1M in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 168%. Over the period under review, imports hit record highs at $1.1M in 2021, and then fell in the following year.
| Import of Liqueurs and Cordials in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 30.0 | 46.7 | 110 | 125 | 60.9% |
| France | 42.4 | 50.3 | 69.9 | 61.2 | 13.0% |
| Croatia | N/A | N/A | 63.0 | 27.0 | -57.1% |
| Netherlands | 57.2 | 22.7 | 28.3 | 25.3 | -23.8% |
| Italy | 6.4 | 28.8 | 39.7 | 19.3 | 44.5% |
| Turkey | 11.3 | 17.7 | 15.1 | 12.7 | 4.0% |
| Greece | 7.2 | 12.5 | 11.7 | 12.2 | 19.2% |
| New Zealand | N/A | N/A | 220 | N/A | 0% |
| Others | 181 | 722 | 548 | 721 | 58.5% |
| Total | 336 | 900 | 1,107 | 1,003 | 44.0% |
Top Suppliers of Liqueurs and Cordials to Iraq in 2022:
- France (12.8K litres)
- United Kingdom (9.6K litres)
- Greece (6.4K litres)
- Turkey (2.9K litres)
- Croatia (2.5K litres)
- Netherlands (1.2K litres)
- Italy (1.1K litres)
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