Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Iraq - 2022

Contents:

  1. Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Iraq (CIF) - 2022
  2. Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Iraq

Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Iraq (CIF) - 2022

In 2022, the average import price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses amounted to $925 per thousand square meters, growing by 17% against the previous year. Overall, the import price, however, showed a slight reduction. The pace of growth was the most pronounced in 2014 when the average import price increased by 48% against the previous year. As a result, import price reached the peak level of $1.1 per square meter. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($1.9 per square meter), while the price for Japan ($140 per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.3%), while the prices for the other major suppliers experienced a decline.

Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Iraq

In 2022, purchases abroad of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses decreased by -3.8% to 64M square meters, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 15%. As a result, imports reached the peak of 68M square meters. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses expanded notably to $60M in 2022. The total import value increased at an average annual rate of +13.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates7.89.516.726.049.4%
China23.324.824.922.2-1.6%
South Korea4.65.56.45.88.0%
Vietnam1.31.31.72.930.7%
Turkey1.31.11.61.30.0%
Japan0.90.60.30.2-39.4%
Others1.62.21.41.0-14.5%
Total40.745.052.959.513.5%

Top Suppliers of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments to Iraq in 2022:

  1. China (38.6M square meters)
  2. United Arab Emirates (16.8M square meters)
  3. South Korea (3.6M square meters)
  4. Japan (1.8M square meters)
  5. Vietnam (1.5M square meters)
  6. Turkey (1.1M square meters)

Source: IndexBox Market Intelligence Platform

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