Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Iraq - 2022

Contents:

1. Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Iraq (CIF) - 2022
2. Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Iraq (FOB) - 2022
3. Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Iraq
4. Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Iraq

Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Iraq (CIF) - 2022

In 2022, the average import price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $560 per thousand units, waning by -12.8% against the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 31% against the previous year. As a result, import price reached the peak level of $992 per thousand units. From 2020 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 the United Arab Emirates ($1.3 per unit), while the price for Turkey ($403 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.3%), while the prices for the other major suppliers experienced a decline.

Price for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Iraq (FOB) - 2022

In 2022, the average export price for ties, bow ties and cravats (not knitted or crocheted)s amounted to $3 per unit, reducing by -31.6% against the previous year. Overall, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 an increase of 35% against the previous year. Over the period under review, the average export prices reached the maximum at $18 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($6 per unit), while the average price for exports to Austria ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.5%), while the prices for the other major destinations experienced a decline.

Imports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Iraq

In 2022, imports of ties, bow ties and cravats (not knitted or crocheted)s into Iraq surged to 1.1M units, picking up by 89% against the previous year's figure. In general, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of ties, bow ties and cravats (not knitted or crocheted)s skyrocketed to $610K in 2022. Overall, imports, however, saw a noticeable downturn. Over the period under review, imports of attained the maximum at $703K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) to Iraq in 2022:

1. Turkey (688.5K units)
2. China (365.2K units)
3. United Arab Emirates (26.5K units)

Exports of Ties, Bow Ties and Cravats (Not Knitted or Crocheted) in Iraq

In 2022, shipments abroad of ties, bow ties and cravats (not knitted or crocheted)s decreased by -56.2% to 21 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2020 when exports increased by 82% against the previous year. The exports peaked at 48 units in 2021, and then reduced rapidly in the following year.

In value terms, exports of ties, bow ties and cravats (not knitted or crocheted)s shrank notably to $64 in 2022. In general, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 145%. The exports peaked at $214 in 2021, and then dropped rapidly in the following year.

Top Export Markets for Ties, Bow Ties and Cravats (Not Knitted or Crocheted) from Iraq in 2022:

1. Netherlands (17.0 units)
2. Czech Republic (2.0 units)
3. Turkey (1.0 units)
4. Austria (1.0 units)

Source: IndexBox Market Intelligence Platform