Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Iraq - 2022
Contents:
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Iraq (CIF) - 2022
- Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Iraq
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Iraq (CIF) - 2022
The average import price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $3,180 per ton in 2022, which is down by -8.4% against the previous year. Overall, the import price recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 an increase of 58% against the previous year. Over the period under review, average import prices hit record highs at $6,027 per ton in 2014; however, from 2015 to 2022, 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 Turkey ($12,858 per ton), while the price for Italy ($1,201 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Iraq
In 2022, overseas purchases of fabrics; "long pile" fabrics, knitted or crocheteds decreased by -58% to 45 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 117% against the previous year. As a result, imports attained the peak of 223 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds shrank sharply to $142K in 2022. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 93% against the previous year. As a result, imports reached the peak of $491K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 84.6 | 206 | 88.4 | 62.3 | -9.7% |
| United Arab Emirates | 86.6 | 87.8 | 131 | 61.4 | -10.8% |
| Turkey | 73.8 | 56.8 | 114 | 11.1 | -46.8% |
| Italy | N/A | 63.6 | 35.0 | 4.8 | -72.5% |
| United States | 9.2 | N/A | N/A | N/A | 0% |
| Iran | N/A | 76.9 | 0.6 | N/A | -99.2% |
| Others | N/A | N/A | N/A | 2.6 | 0% |
| Total | 254 | 491 | 370 | 142 | -17.6% |
Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Iraq in 2022:
- United Arab Emirates (21.3 tons)
- China (18.6 tons)
- Italy (4.0 tons)
- Turkey (0.9 tons)
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