Price for Wigs; Complete, of Synthetic Textile Materials in Iraq - 2022

Contents:

1. Price for Wigs; Complete, of Synthetic Textile Materials in Iraq (CIF) - 2022
2. Price for Wigs; Complete, of Synthetic Textile Materials in Iraq (FOB) - 2022
3. Imports of Wigs; Complete, of Synthetic Textile Materials in Iraq
4. Exports of Wigs; Complete, of Synthetic Textile Materials in Iraq

Price for Wigs; Complete, of Synthetic Textile Materials in Iraq (CIF) - 2022

In 2022, the average import price for wigs; complete, of synthetic textile materialses amounted to $9 per unit, growing by 30% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 wigs; complete, of synthetic textile materialses increased by +86.9% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of 39%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($12 per unit), while the price for China totaled $8.9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%).

Price for Wigs; Complete, of Synthetic Textile Materials in Iraq (FOB) - 2022

The average export price for wigs; complete, of synthetic textile materialses stood at $27 per unit in 2022, declining by -66.9% against the previous year. Over the period under review, the export price showed a abrupt descent. The pace of growth was the most pronounced in 2017 when the average export price increased by 163%. Over the period under review, the average export prices reached the peak figure at $127 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2016 to 2022, the rate of growth in terms of prices for Sweden amounted to -12.0% per year.

Imports of Wigs; Complete, of Synthetic Textile Materials in Iraq

In 2022, approx. 110K units of wigs; complete, of synthetic textile materialses were imported into Iraq; with a decrease of -11.6% against the year before. Overall, imports showed a deep downturn. The smallest decline of -0.2% was in 2020. Imports peaked at 136K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of wigs; complete, of synthetic textile materialses rose rapidly to $990K in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Iraq in 2022:

1. China (107.2K units)
2. United Arab Emirates (2.1K units)

Exports of Wigs; Complete, of Synthetic Textile Materials in Iraq

In 2022, overseas shipments of wigs; complete, of synthetic textile materialses decreased by -83.3% to 1 units, falling for the second consecutive year after two years of growth. In general, exports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 433%. As a result, the exports attained the peak of 16 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of wigs; complete, of synthetic textile materialses declined notably to $27 in 2022. Over the period under review, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 815% against the previous year. As a result, the exports attained the peak of $2K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Iraq in 2022:

1. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform