Price for Braids; in the Piece in Iraq - 2022
Contents:
Price for Braids; in the Piece in Iraq (CIF) - 2022
The average braids; in the piece import price stood at $3,551 per ton in 2022, picking up by 45% against the previous year. Overall, the import price, however, continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2020 when the average import price increased by 56%. Over the period under review, average import prices hit record highs at $5,391 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($14,093 per ton), while the price for Turkey ($1,561 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Braids; in the Piece in Iraq
In 2022, the amount of braids; in the pieces imported into Iraq fell to 29 tons, shrinking by -5.2% on the year before. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 111%.
In value terms, braids; in the piece imports surged to $125K in 2022. Overall, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 92%. Over the period under review, braids; in piece imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Braids; in the Piece in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.1 | 8.3 | 2.5 | 89.6 | 179.6% |
| Turkey | 71.8 | 28.5 | 71.2 | 23.3 | -31.3% |
| United Arab Emirates | 5.2 | 1.2 | N/A | 12.1 | 32.5% |
| Others | N/A | 0.6 | 0.2 | N/A | -66.7% |
| Total | 81.1 | 38.5 | 74.0 | 125 | 15.5% |
Top Suppliers of Braids; in the Piece to Iraq in 2022:
- Turkey (14.9 tons)
- China (12.8 tons)
- United Arab Emirates (0.9 tons)
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