Price for Handkerchiefs (Not Knitted or Crocheted) in Iraq - 2022

Price for Handkerchiefs (Not Knitted or Crocheted) in Iraq (CIF) - 2022

In 2022, the average import price for handkerchiefs (not knitted or crocheted)s amounted to $490 per thousand units, reducing by -23.1% against the previous year. In general, the import price, however, showed perceptible growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 66% against the previous year. The import price peaked at $638 per thousand units in 2021, and then contracted sharply in the following year.

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 ($1.4 per unit), while the price for Jordan ($162 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handkerchiefs (Not Knitted or Crocheted) in Iraq (FOB) - 2022

The average export price for handkerchiefs (not knitted or crocheted)s stood at $590 per thousand units in 2022, with an increase of 14% against the previous year. In general, the export price, however, saw a precipitous slump. The export price peaked at $7.8 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -22.5% per year.

Imports of Handkerchiefs (Not Knitted or Crocheted) in Iraq

In 2022, purchases abroad of handkerchiefs (not knitted or crocheted)s was finally on the rise to reach 336K units after two years of decline. Over the period under review, imports, however, saw a mild contraction. Over the period under review, imports attained the peak figure at 356K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, handkerchiefs (not knitted or crocheted) imports declined sharply to $165K in 2022. In general, imports, however, continue to indicate a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, imports attained the peak of $211K, and then fell sharply in the following year.

Import of Handkerchiefs (Not Knitted or Crocheted) in Iraq (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	76.2	51.4	76.9	60.8	-7.2%
Turkey	54.2	27.4	31.1	40.3	-9.4%
Jordan	34.3	35.5	36.5	33.9	-0.4%
Egypt	N/A	24.4	20.2	15.0	-21.6%
United Arab Emirates	1.1	19.7	37.0	1.3	5.7%
Others	14.4	14.7	9.2	13.5	-2.1%
Total	180	173	211	165	-2.9%

Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to Iraq in 2022:

Jordan (209.2K units)
China (76.6K units)
Turkey (28.0K units)
Egypt (12.8K units)
United Arab Emirates (1.4K units)

Exports of Handkerchiefs (Not Knitted or Crocheted) in Iraq

In 2022, exports of handkerchiefs (not knitted or crocheted)s from Iraq soared to 156 units, picking up by 68% compared with 2021. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 745%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, handkerchiefs (not knitted or crocheted) exports soared to $92 in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 860% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.