Price for Tools, Hand; Other than Household Tools in Iraq - 2022
Contents:
- Price for Tools, Hand; Other than Household Tools in Iraq (CIF) - 2022
- Price for Tools, Hand; Other than Household Tools in Iraq (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Iraq
- Exports of Tools, Hand; Other than Household Tools in Iraq
Price for Tools, Hand; Other than Household Tools in Iraq (CIF) - 2022
The average import price for tools, hand; other than household toolses stood at $4,935 per ton in 2022, surging by 6.3% against the previous year. Overall, the import price enjoyed perceptible growth. The growth pace was the most rapid in 2016 an increase of 64% against the previous year. As a result, import price reached the peak level of $8,982 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($21,061 per ton), while the price for the United Arab Emirates ($3,592 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Iraq (FOB) - 2022
In 2022, the average export price for tools, hand; other than household toolses amounted to $78,844 per ton, increasing by 128% against the previous year. In general, the export price showed prominent growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 265%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($160,622 per ton), while the average price for exports to the Netherlands ($18,515 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+37.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, Hand; Other than Household Tools in Iraq
In 2022, purchases abroad of tools, hand; other than household toolses increased by 2.7% to 4.3K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a drastic downturn.
In value terms, imports of tools, hand; other than household toolses rose significantly to $21M in 2022. In general, imports, however, saw a abrupt curtailment.
Import of Tools, Hand; Other than Household Tools in Iraq (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 19.1 | 18.5 | 13.0 | 11.0 | -16.8% |
United Arab Emirates | 6.5 | 7.9 | 4.1 | 7.6 | 5.3% |
Turkey | 0.9 | 0.5 | 0.5 | 1.3 | 13.0% |
South Korea | 1.8 | 0.2 | 0.6 | N/A | -42.3% |
Others | 3.1 | 1.5 | 1.4 | 1.5 | -21.5% |
Total | 31.3 | 28.7 | 19.6 | 21.4 | -11.9% |
Top Suppliers of Tools, Hand; Other than Household Tools to Iraq in 2022:
- United Arab Emirates (2103.9 tons)
- China (1941.8 tons)
- Turkey (204.5 tons)
- South Korea (6.1 tons)
Exports of Tools, Hand; Other than Household Tools in Iraq
Exports of tools, hand; other than household toolses from Iraq skyrocketed to 154 kg in 2022, jumping by 51% against the previous year's figure. Overall, exports, however, continue to indicate a sharp decline. The pace of growth was the most pronounced in 2020 when exports increased by 352% against the previous year. As a result, the exports attained the peak of 1.7 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tools, hand; other than household toolses surged to $12K in 2022. In general, exports recorded a significant expansion.
Export of Tools, Hand; Other than Household Tools in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 0.3 | 1.0 | 0.9 | 5.9 | 169.9% |
United Arab Emirates | 0.4 | 0.3 | 1.0 | 1.7 | 62.0% |
Czech Republic | 0.6 | 1.5 | 0.8 | 1.5 | 35.7% |
France | 0.1 | 0.2 | 0.3 | 1.0 | 115.4% |
Turkey | 0.3 | 0.5 | 0.3 | 0.6 | 26.0% |
Netherlands | 0.4 | 0.7 | 0.3 | 0.6 | 14.5% |
Egypt | N/A | N/A | N/A | 0.6 | 0% |
United States | N/A | 2.7 | N/A | N/A | 0% |
Saudi Arabia | N/A | 7.1 | N/A | N/A | 0% |
India | N/A | 1.6 | N/A | N/A | 0% |
South Africa | 1.2 | 0.1 | N/A | N/A | -91.7% |
Others | 1.6 | N/A | N/A | 0.3 | -42.8% |
Total | 4.9 | 15.7 | 3.5 | 12.1 | 35.2% |
Top Export Markets for Tools, Hand; Other than Household Tools from Iraq in 2022:
- Romania (37.0 kg)
- Netherlands (33.0 kg)
- United Arab Emirates (33.0 kg)
- France (25.0 kg)
- Czech Republic (10.0 kg)
- Egypt (7.0 kg)
- Turkey (5.0 kg)
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