Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Iraq - 2022
Contents:
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Iraq (CIF) - 2022
- Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Iraq
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Iraq (CIF) - 2022
The average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $7,690 per ton in 2022, declining by -30.3% against the previous year. Over the period under review, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 80%. The import price peaked at $18,729 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 the UK ($55,605 per ton), while the price for the United Arab Emirates ($3,284 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Iraq
After three years of growth, purchases abroad of machine-tools; parts and accessories, tool holders and self-opening dieheadses decreased by -6.9% to 36 tons in 2022. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 5.9% against the previous year. As a result, imports attained the peak of 39 tons, and then reduced in the following year.
In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses dropped significantly to $278K in 2022. In general, imports showed a sharp contraction. The smallest decline of -9.7% was in 2020.
| Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 76.5 | 71.8 | 132 | 82.7 | 2.6% |
| Turkey | 302 | 96.1 | 67.6 | 53.5 | -43.8% |
| United Kingdom | 30.7 | 33.6 | 26.0 | 36.0 | 5.5% |
| China | 25.7 | 72.4 | 46.3 | 29.3 | 4.5% |
| Germany | 51.3 | 104 | 23.2 | 22.0 | -24.6% |
| South Korea | 16.5 | 2.6 | 0.6 | 4.8 | -33.7% |
| Others | 49.4 | 118 | 133 | 49.4 | 0.0% |
| Total | 552 | 498 | 428 | 278 | -20.4% |
Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Iraq in 2022:
- United Arab Emirates (25.2 tons)
- China (5.7 tons)
- Turkey (2.3 tons)
- Germany (0.8 tons)
- South Korea (0.7 tons)
- United Kingdom (0.6 tons)
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