Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Iraq - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Iraq (FOB) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Iraq (CIF) - 2022
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Iraq
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Iraq
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Iraq (FOB) - 2022
The average export price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $1,174 per ton in 2022, growing by 10% against the previous year. In general, the export price, however, saw a mild decrease. The growth pace was the most rapid in 2014 an increase of 57% against the previous year. The export price peaked at $2,029 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($2,402 per ton), while the average price for exports to Turkey amounted to $113 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.1%).
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Iraq (CIF) - 2022
The average import price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $2,431 per ton in 2022, with an increase of 50% against the previous year. In general, the import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2021 an increase of 51%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +11.0% per year.
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Iraq
In 2022, overseas shipments of wool; (not carded or combed), degreased, (not carbonised), shorn increased by 325% to 48 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a sharp slump.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn soared to $57K in 2022. In general, exports, however, showed a precipitous contraction.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 664 | 67.3 | 9.9 | 53.8 | -56.7% |
| Turkey | 9.2 | 6.7 | 0.7 | 2.9 | -31.9% |
| Others | 10.7 | N/A | 1.5 | N/A | -62.6% |
| Total | 683 | 74.0 | 12.1 | 56.7 | -56.4% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from Iraq in 2022:
- Turkey (25.9 tons)
- United Kingdom (22.4 tons)
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Iraq
In 2022, approx. 1.4 tons of wool; (not carded or combed), degreased, (not carbonised), shorn were imported into Iraq; picking up by 41% against the previous year. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 41% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn skyrocketed to $3.4K in 2022. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 113%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.3 | 0.7 | 1.6 | 3.4 | 124.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.3 | 0.7 | 1.6 | 3.4 | 124.6% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to Iraq in 2022:
- Turkey (1.4 tons)
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