Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iraq - 2022
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iraq (CIF) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iraq
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iraq (CIF) - 2022
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $2,483 per ton in 2022, declining by -29% against the previous year. Over the period under review, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 79% against the previous year. The import price peaked at $4,182 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Turkey ($3,045 per ton), while the price for Bahrain ($528 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-10.9%), while the prices for the other major suppliers experienced a decline.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iraq
In 2022, approx. 22 tons of cotton yarn (other than sewing thread), put up for retail sale were imported into Iraq; rising by 76% compared with 2021. In general, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.3% against 2020 indices.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale skyrocketed to $54K in 2022. Over the period under review, imports, however, showed a perceptible shrinkage.
Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 6.5 | 60.9 | 38.1 | 51.9 | 99.9% |
Bahrain | N/A | N/A | N/A | 2.5 | 0% |
China | 53.9 | 0.2 | 0.3 | 0.1 | -87.7% |
Iran | 0.8 | 0.6 | 5.2 | N/A | 155.0% |
Others | 0.9 | 3.4 | 0.1 | N/A | -66.7% |
Total | 62.0 | 65.2 | 43.7 | 54.5 | -4.2% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Iraq in 2022:
- Turkey (17.0 tons)
- Bahrain (4.8 tons)
- China (0.1 tons)
This report provides an in-depth analysis of the cotton yarn market in Iraq.
This report provides an in-depth analysis of the global cotton yarn market.
Learn about the world's best import markets for cotton yarn and how they drive the global textile industry. Discover the top players and find out how these countries rely on imports to meet their cotton yarn requirements.
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