Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Iraq - 2022

Contents:

  1. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Iraq (CIF) - 2022
  2. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Iraq (FOB) - 2022
  3. Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Iraq
  4. Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Iraq

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Iraq (CIF) - 2022

The average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses stood at $4,531 per ton in 2022, which is down by -15.6% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 an increase of 50% against the previous year. As a result, import price reached the peak level of $8,013 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

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 Germany ($6,954 per ton), while the price for Kuwait ($376 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced a decline.

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Iraq (FOB) - 2022

In 2022, the average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $14,000 per ton, picking up by 57% against the previous year. Over the period under review, the export price posted notable growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 190% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to +12.4% per year.

Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Iraq

In 2022, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses into Iraq soared to 1.9K tons, growing by 20% against 2021. The total import volume increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses rose slightly to $8.8M in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 21%. As a result, imports reached the peak of $9.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.17.66.46.83.7%
Turkey0.70.61.10.84.6%
Germany0.30.40.40.410.1%
United Arab Emirates0.20.30.30.314.5%
JordanN/A0.10.10.10.0%
Others0.40.30.30.40.0%
Total7.79.48.78.84.6%

Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Iraq in 2022:

  1. China (1271.5 tons)
  2. United Arab Emirates (282.7 tons)
  3. Turkey (224.7 tons)
  4. Germany (55.8 tons)
  5. Jordan (34.3 tons)

Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Iraq

In 2022, the amount of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses exported from Iraq reduced rapidly to 8 kg, which is down by -66.7% against the year before. Over the period under review, exports faced a significant curtailment. The smallest decline of -61.1% was in 2020.

In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses declined notably to $112 in 2022. Overall, exports showed a significant decrease.

Export of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Iraq (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1,522337214112-58.1%
GermanyN/A61.0N/AN/A0%
Austria62.0236N/AN/A280.6%
OthersN/AN/AN/AN/A0%
Total1,584634214112-58.6%

Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Iraq in 2022:

  1. Turkey (8.0 kg)

Source: IndexBox Market Intelligence Platform

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