Price for Pearls; Articles of Natural or Cultured Pearls in Iraq - 2022
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in Iraq (CIF) - 2022
- Imports of Pearls; Articles of Natural or Cultured Pearls in Iraq
Price for Pearls; Articles of Natural or Cultured Pearls in Iraq (CIF) - 2022
The average import price for pearls; articles of natural or cultured pearlses stood at $11,475 per ton in 2022, falling by -20.7% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 14% against the previous year. As a result, import price reached the peak level of $18,359 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
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 China ($33,900 per ton), while the price for the United Arab Emirates ($7,703 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.3%), while the prices for the other major suppliers experienced a decline.
Imports of Pearls; Articles of Natural or Cultured Pearls in Iraq
In 2022, the amount of pearls; articles of natural or cultured pearlses imported into Iraq surged to 398 kg, increasing by 77% against the year before. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 3,508%. As a result, imports attained the peak of 1.8 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of pearls; articles of natural or cultured pearlses soared to $4.6K in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 3,290% against the previous year. As a result, imports reached the peak of $29K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Pearls; Articles of Natural or Cultured Pearls in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.8 | 27.6 | 2.9 | 2.8 | 51.8% |
| China | N/A | 1.0 | 0.2 | 0.7 | -16.3% |
| Portugal | N/A | 0.1 | N/A | 0.2 | 41.4% |
| Others | N/A | 0.8 | 0.2 | 0.9 | 6.1% |
| Total | 0.9 | 29.5 | 3.3 | 4.6 | 72.3% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to Iraq in 2022:
- United Arab Emirates (364.0 kg)
- China (20.0 kg)
- Portugal (13.0 kg)
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