Price for Navigational Instruments and Appliances; Parts and Accessories in Iraq - 2022
Contents:
- Price for Navigational Instruments and Appliances; Parts and Accessories in Iraq (CIF) - 2022
- Price for Navigational Instruments and Appliances; Parts and Accessories in Iraq (FOB) - 2022
- Imports of Navigational Instruments and Appliances; Parts and Accessories in Iraq
- Exports of Navigational Instruments and Appliances; Parts and Accessories in Iraq
Price for Navigational Instruments and Appliances; Parts and Accessories in Iraq (CIF) - 2022
In 2022, the average import price for navigational instruments and appliances; parts and accessorieses amounted to $555,757 per ton, approximately equating the previous year. Overall, the import price, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by 26%. Over the period under review, average import prices hit record highs at $890,994 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($889,944 per ton), while the price for China ($67,014 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced a decline.
Price for Navigational Instruments and Appliances; Parts and Accessories in Iraq (FOB) - 2022
The average export price for navigational instruments and appliances; parts and accessorieses stood at $277,480 per ton in 2022, rising by 44% against the previous year. In general, the export price enjoyed a pronounced expansion. The growth pace was the most rapid in 2021 an increase of 79%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +4.0% per year.
Imports of Navigational Instruments and Appliances; Parts and Accessories in Iraq
Imports of navigational instruments and appliances; parts and accessorieses into Iraq skyrocketed to 7.6 tons in 2022, with an increase of 745% on the previous year's figure. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of navigational instruments and appliances; parts and accessorieses skyrocketed to $4.2M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Navigational Instruments and Appliances; Parts and Accessories in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 437 | 967 | 383 | 3,096 | 92.1% |
United States | 153 | 48.9 | 43.8 | 916 | 81.6% |
United Arab Emirates | 19.5 | 5.5 | 16.3 | 168 | 105.0% |
China | 1.6 | 3.5 | 1.5 | 4.7 | 43.2% |
Netherlands | N/A | N/A | 43.9 | N/A | 0% |
Others | 13.4 | 29.1 | 3.6 | 21.2 | 16.5% |
Total | 625 | 1,054 | 492 | 4,207 | 88.8% |
Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Iraq in 2022:
- Czech Republic (4.0 tons)
- United States (2.9 tons)
- United Arab Emirates (0.5 tons)
- China (0.1 tons)
Exports of Navigational Instruments and Appliances; Parts and Accessories in Iraq
For the fourth consecutive year, Iraq recorded growth in overseas shipments of navigational instruments and appliances; parts and accessorieses, which increased by 1,177% to 2 tons in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of navigational instruments and appliances; parts and accessorieses surged to $556K in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Navigational Instruments and Appliances; Parts and Accessories in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.0 | 13.0 | 25.7 | 555 | 329.6% |
Others | 0.1 | 1.2 | 4.6 | 1.5 | 146.6% |
Total | 7.1 | 14.2 | 30.3 | 556 | 327.8% |
Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Iraq in 2022:
- United States (2.0 tons)
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