Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Iraq - 2022

Contents:

  1. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Iraq (CIF) - 2022
  2. Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Iraq

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Iraq (CIF) - 2022

In 2022, the average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $1,654 per unit, dropping by -42.6% against the previous year. In general, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 167%. As a result, import price attained the peak level of $9,046 per unit. From 2019 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 ($2,482 per unit), while the price for the UK amounted to $37 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+28.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Iraq

After three years of growth, overseas purchases of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses decreased by -2.7% to 217 units in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 205%. As a result, imports reached the peak of 223 units, and then contracted in the following year.

In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses fell rapidly to $359K in 2022. In general, imports, however, showed a slight expansion. The most prominent rate of growth was recorded in 2021 with an increase of 181%. As a result, imports reached the peak of $642K, and then shrank significantly in the following year.

Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China70.820.244.335070.4%
United KingdomN/AN/AN/A2.70%
Egypt18.0191222N/A251.2%
Taiwan (Chinese)N/AN/A363N/A0%
Others25517.612.86.3-70.9%
Total3442286423591.4%

Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Iraq in 2022:

  1. China (141.0 units)
  2. United Kingdom (72.0 units)

Source: IndexBox Market Intelligence Platform

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