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

Contents:

1. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Iraq (CIF) - 2022
2. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Iraq (FOB) - 2022
3. Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Iraq
4. Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Iraq

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

In 2022, the average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $1.1 per square meter, surging by 12% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses increased by +30.3% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 84%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2 per square meter), while the price for Saudi Arabia ($384 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 Lebanon (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Iraq (FOB) - 2022

The average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $1.6 per square meter in 2022, surging by 82% against the previous year. Overall, the export price enjoyed a perceptible expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1.8 per square meter), while the average price for exports to the Netherlands totaled $1.3 per square meter.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+9.3%).

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

For the fourth consecutive year, Iraq recorded growth in supplies from abroad of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses, which increased by 110% to 8M square meters in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses skyrocketed to $9M in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. India (2.3M square meters)
2. United Arab Emirates (2.3M square meters)
3. Turkey (1.0M square meters)
4. China (1.0M square meters)
5. Lebanon (0.6M square meters)
6. Saudi Arabia (0.5M square meters)
7. Iran (0.3M square meters)

Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Iraq

In 2022, overseas shipments of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses increased by 93% to 2.5K square meters for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a significant decrease. The exports peaked at 10K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses skyrocketed to $4K in 2022. Over the period under review, exports, however, showed a dramatic downturn. Over the period under review, the exports of attained the maximum at $8.4K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments from Iraq in 2022:

1. Germany (1.8K square meters)
2. Netherlands (0.6K square meters)

Source: IndexBox Market Intelligence Platform