Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iraq - 2022

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iraq (CIF) - 2022
  2. Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iraq

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iraq (CIF) - 2022

In 2022, the average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $2,559 per ton, with a decrease of -46.9% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2020 an increase of 48% against the previous year. The import price peaked at $9,676 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 South Korea ($3,378 per ton), while the price for the United Arab Emirates ($718 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-8.3%), while the prices for the other major suppliers experienced a decline.

Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iraq

After two years of decline, purchases abroad of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds increased by 2,869% to 52 tons in 2022. Overall, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds soared to $132K in 2022. Over the period under review, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea90.259.87.31127.5%
China15.69.41.013.7-4.2%
United Arab Emirates2.51.20.16.336.1%
IranN/A7.0N/AN/A0%
Others0.1N/AN/AN/A0%
Total10877.48.41326.9%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Iraq in 2022:

  1. South Korea (33.2 tons)
  2. China (9.7 tons)
  3. United Arab Emirates (8.8 tons)

Source: IndexBox Market Intelligence Platform

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