Price for Wood; Statuettes and Other Ornaments of Wood in Iraq - 2022

Contents:

  1. Price for Wood; Statuettes and Other Ornaments of Wood in Iraq (CIF) - 2022
  2. Price for Wood; Statuettes and Other Ornaments of Wood in Iraq (FOB) - 2022
  3. Imports of Wood; Statuettes and Other Ornaments of Wood in Iraq
  4. Exports of Wood; Statuettes and Other Ornaments of Wood in Iraq

Price for Wood; Statuettes and Other Ornaments of Wood in Iraq (CIF) - 2022

In 2022, the average import price for wood; statuettes and other ornaments of wood amounted to $3,273 per ton, surging by 2% against the previous year. Overall, the import price, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2019 an increase of 31%. The import price peaked at $5,092 per ton in 2013; however, from 2014 to 2022, 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 China ($3,647 per ton), while the price for Indonesia ($2,229 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced a decline.

Price for Wood; Statuettes and Other Ornaments of Wood in Iraq (FOB) - 2022

In 2021, the average export price for wood; statuettes and other ornaments of wood amounted to $9,195 per ton, flattening at the previous year. Overall, the export price continues to indicate a tangible increase. The pace of growth was the most pronounced in 2020 a decrease of 99.9%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($39,500 per ton), while the average price for exports to Austria ($548 per ton) was amongst the lowest.

From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Statuettes and Other Ornaments of Wood in Iraq

For the third year in a row, Iraq recorded decline in purchases abroad of wood; statuettes and other ornaments of wood, which decreased by -16.9% to 175 tons in 2022. Over the period under review, imports continue to indicate a precipitous descent. The smallest decline of -6.8% was in 2021.

In value terms, imports of wood; statuettes and other ornaments of wood shrank dramatically to $574K in 2022. Overall, imports saw a dramatic decrease. The smallest decline of -7.3% was in 2021.

Import of Wood; Statuettes and Other Ornaments of Wood in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China729346435330-23.2%
Iran379317154186-21.1%
United Arab Emirates27.527.641.227.2-0.4%
Turkey23.526.122.115.7-12.6%
Indonesia23.98.38.38.9-28.1%
Others28.25.617.15.4-42.4%
Total1,211731677574-22.0%

Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Iraq in 2022:

  1. China (90.6 tons)
  2. Iran (63.1 tons)
  3. United Arab Emirates (9.4 tons)
  4. Turkey (6.7 tons)
  5. Indonesia (4.0 tons)

Exports of Wood; Statuettes and Other Ornaments of Wood in Iraq

In 2021, the amount of wood; statuettes and other ornaments of wood exported from Iraq stood at 1.1 tons, leveling off at 2020. Over the period under review, exports saw a abrupt setback. The smallest decline of 99.9% was in 2020.

In value terms, exports of wood; statuettes and other ornaments of wood stood at $9.7K in 2021. Overall, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the maximum in 2021 and are expected to retain growth in years to come.

Export of Wood; Statuettes and Other Ornaments of Wood in Iraq (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United Arab EmiratesN/AN/A9.20%
SwedenN/AN/A0.50%
AustriaN/AN/AN/A0%
Turkey4.6N/AN/A0%
OthersN/AN/AN/A0%
Total4.6N/A9.745.2%

Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Iraq in 2022:

  1. Sweden (757.0 kg)
  2. United Arab Emirates (232.0 kg)
  3. Austria (62.0 kg)

Source: IndexBox Market Intelligence Platform

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