Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Iraq - 2022
Contents:
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Iraq (CIF) - 2022
- Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Iraq
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Iraq (CIF) - 2022
The average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $632 per unit in 2022, increasing by 38% against the previous year. In general, the import price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 62% against the previous year. The import price peaked at $3,122 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($878 per unit), while the price for China amounted to $629 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%).
Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Iraq
After three years of growth, overseas purchases of weaving machines (looms); for weaving fabrics of a width 30cm or lesses decreased by -63.2% to 84 units in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 11,300%. As a result, imports reached the peak of 228 units, and then dropped sharply in the following year.
In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses reduced sharply to $53K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 9,154%. As a result, imports attained the peak of $105K, and then shrank sharply in the following year.
| Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 0.5 | 104 | 52.2 | 921.8% |
| Others | 0.2 | 0.6 | 0.6 | 0.9 | 65.1% |
| Total | 0.2 | 1.1 | 105 | 53.1 | 542.7% |
Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Iraq in 2022:
- China (83.0 units)
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