Price for Embroidery; in the Piece, in Strips or in Motifs in Iraq - 2022
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Iraq (CIF) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Iraq
Price for Embroidery; in the Piece, in Strips or in Motifs in Iraq (CIF) - 2022
The average import price for embroidery; in the piece, in strips or in motifses stood at $36,335 per ton in 2022, rising by 2% against the previous year. In general, the import price, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2013 when the average import price increased by 17%. As a result, import price reached the peak level of $55,366 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($36,950 per ton), while the price for Turkey ($31,954 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.3%), while the prices for the other major suppliers experienced a decline.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Iraq
For the fourth year in a row, Iraq recorded growth in overseas purchases of embroidery; in the piece, in strips or in motifses, which increased by 33% to 1.4K tons in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of embroidery; in the piece, in strips or in motifses soared to $53M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.7 | 25.1 | 31.1 | 40.1 | 24.7% |
| United Arab Emirates | 2.3 | 1.6 | 6.5 | 11.6 | 71.5% |
| Others | 1.9 | 2.2 | 1.2 | 0.9 | -22.0% |
| Total | 24.9 | 28.9 | 38.8 | 52.6 | 28.3% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Iraq in 2022:
- China (1085.1 tons)
- United Arab Emirates (332.9 tons)
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