Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Iraq - 2022
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Iraq (CIF) - 2022
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Iraq (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Iraq
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Iraq
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Iraq (CIF) - 2022
The average import price for wadding; other articles thereof, of man-made fibreses stood at $10,293 per ton in 2022, growing by 34% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.1% 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 wadding; other articles thereof, of man-made fibreses increased by +51.9% against 2018 indices. The growth pace was the most rapid in 2013 when the average import price increased by 51%. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($16,460 per ton), while the price for Jordan ($1,181 per ton) 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 (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Iraq (FOB) - 2022
The average export price for wadding; other articles thereof, of man-made fibreses stood at $6,840 per ton in 2022, increasing by 3.2% against the previous year. Over the period under review, the export price recorded a resilient increase. The growth pace was the most rapid in 2014 when the average export price increased by 7.4%. Over the period under review, the average export prices hit record highs at $14,000 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2013 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Iraq
After three years of growth, overseas purchases of wadding; other articles thereof, of man-made fibreses decreased by -5.1% to 1.1K tons in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.4% 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 increased by +53.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 41% against the previous year.
In value terms, imports of wadding; other articles thereof, of man-made fibreses skyrocketed to $12M in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 57% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 0.5 | 0.6 | 2.5 | 7.3 | 144.4% |
| United Arab Emirates | 2.9 | 5.7 | 6.0 | 3.3 | 4.4% |
| Turkey | N/A | 0.1 | 0.4 | 0.7 | 164.6% |
| China | 0.7 | 0.2 | 0.1 | 0.1 | -47.7% |
| Others | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Total | 4.4 | 7.0 | 9.2 | 11.7 | 38.5% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Iraq in 2022:
- Bulgaria (702.1 tons)
- United Arab Emirates (269.5 tons)
- Turkey (98.1 tons)
- China (44.5 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Iraq
In 2022, approx. 36 tons of wadding; other articles thereof, of man-made fibreses were exported from Iraq; which is down by -26.6% compared with 2021. Overall, exports continue to indicate a dramatic curtailment.
In value terms, exports of wadding; other articles thereof, of man-made fibreses dropped markedly to $245K in 2022. Over the period under review, exports faced a dramatic curtailment.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Iraq (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Germany | N/A | 245 | 0% |
| United Arab Emirates | 323 | N/A | 0% |
| Others | N/A | N/A | 0% |
| Total | 323 | 245 | -24.1% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Iraq in 2022:
- Germany (35.8 tons)
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