Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Iraq - 2022

Contents:

  1. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Iraq (CIF) - 2022
  2. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Iraq (FOB) - 2022
  3. Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Iraq
  4. Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Iraq

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Iraq (CIF) - 2022

The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $3,509 per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decline. The growth pace was the most rapid in 2015 an increase of 25%. As a result, import price reached the peak level of $6,906 per ton. From 2016 to 2022, the average 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 Turkey ($4,051 per ton), while the price for Japan ($843 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-0.1%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Iraq (FOB) - 2022

The average export price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $17,055 per ton in 2022, increasing by 4.5% against the previous year. In general, the export price recorded strong growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 100%. The export price peaked at $19,561 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($28,976 per ton), while the average price for exports to Turkey ($2,374 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+13.9%), while the prices for the other major destinations experienced a decline.

Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Iraq

After three years of growth, overseas purchases of fabrics, knitted or crocheted, of a width of > 30 cms decreased by -6.7% to 21K tons in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.0% 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 increased by +44.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year.

In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms reduced to $74M in 2022. The total import value increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 25% against the previous year.

Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China47.654.853.549.81.5%
United Arab Emirates1.88.618.918.6117.8%
Turkey2.93.65.33.67.5%
JapanN/A0.10.20.373.2%
Others2.41.20.81.2-20.6%
Total54.868.378.873.510.3%

Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Iraq in 2022:

  1. China (13.9K tons)
  2. United Arab Emirates (5.5K tons)
  3. Turkey (0.9K tons)
  4. Japan (0.4K tons)

Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Iraq

After three years of growth, shipments abroad of fabrics, knitted or crocheted, of a width of > 30 cms decreased by -35.4% to 146 kg in 2022. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 242%. As a result, the exports attained the peak of 226 kg, and then contracted markedly in the following year.

In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms reduced remarkably to $2.5K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 186%. As a result, the exports attained the peak of $3.7K, and then shrank dramatically in the following year.

Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A1.60%
IndonesiaN/A1.3N/A0.9-16.8%
Iran1.1N/A3.7N/A83.4%
OthersN/AN/AN/AN/A0%
Total1.11.33.72.531.5%

Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Iraq in 2022:

  1. Netherlands (114.0 kg)
  2. Indonesia (31.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics; knitted or crocheted fabrics, other than those of headings 60.01 to 60.04 - Iraq