Price for Safety Pins and Other Pins; of Iron or Steel in Iraq - 2022
Contents:
- Price for Safety Pins and Other Pins; of Iron or Steel in Iraq (CIF) - 2022
- Imports of Safety Pins and Other Pins; of Iron or Steel in Iraq
Price for Safety Pins and Other Pins; of Iron or Steel in Iraq (CIF) - 2022
The average import price for safety pins and other pins; of iron or steels stood at $5,183 per ton in 2022, surging by 14% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 safety pins and other pins; of iron or steels increased by +20.2% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 50% against the previous year. Over the period under review, average import prices hit record highs at $5,546 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($5,573 per ton), while the price for the United Arab Emirates ($2,230 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Safety Pins and Other Pins; of Iron or Steel in Iraq
Imports of safety pins and other pins; of iron or steels into Iraq expanded sharply to 161 tons in 2022, picking up by 13% compared with the year before. In general, imports, however, continue to indicate a perceptible setback.
In value terms, imports of safety pins and other pins; of iron or steels surged to $837K in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Safety Pins and Other Pins; of Iron or Steel in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 770 | 564 | 595 | 800 | 1.3% |
| United Arab Emirates | 8.2 | 6.7 | 17.4 | 12.5 | 15.1% |
| Others | 29.4 | 28.5 | 33.4 | 24.5 | -5.9% |
| Total | 808 | 599 | 646 | 837 | 1.2% |
Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Iraq in 2022:
- China (151.0 tons)
- United Arab Emirates (5.6 tons)
342
Global Sewing Needle Market Report 2018. This report provides an in-depth analysis of the global sewing needle market.
342
Global Sewing Needle Market Report 2018. This report provides an in-depth analysis of the global sewing needle market.
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