Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Iraq - 2022
Contents:
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Iraq (CIF) - 2022
- Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Iraq
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Iraq (CIF) - 2022
In 2022, the average import price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $1.5 per square meter, increasing by 18% against the previous year. Over the period under review, the import price saw a resilient increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 128%. As a result, import price reached the peak level of $2.6 per square meter. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Jordan ($2.7 per square meter), while the price for the United Arab Emirates ($1.5 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Iraq
In 2022, purchases abroad of textile fabrics, rubberised; other than those of heading no. 5902s decreased by -3.7% to 2.4M square meters, falling for the second consecutive year after two years of growth. In general, imports saw a pronounced decrease. The growth pace was the most rapid in 2020 when imports increased by 13%. As a result, imports reached the peak of 3.1M square meters. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s expanded significantly to $3.7M in 2022. Over the period under review, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 41% against the previous year. As a result, imports reached the peak of $4.6M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Iraq (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.6 | 3.9 | 2.9 | 3.5 | 10.4% |
United Arab Emirates | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Jordan | 0.5 | 0.5 | 0.2 | N/A | -36.8% |
Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
Total | 3.3 | 4.6 | 3.3 | 3.7 | 3.9% |
Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Iraq in 2022:
- China (2278.7K square meters)
- United Arab Emirates (88.5K square meters)
- Jordan (16.6K square meters)
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