Price for Yarn; of Flax, Multiple (Folded) or Cabled in Iraq - 2022

Contents:

1. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Iraq (CIF) - 2022
2. Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Iraq

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Iraq (CIF) - 2022

In 2022, the average import price for yarn; of flax, multiple (folded) or cableds amounted to $25,800 per ton, growing by 58% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 155% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Iran ($16,065 per ton), while the price for Turkey ($4,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+16.9%).

Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Iraq

In 2022, supplies from abroad of yarn; of flax, multiple (folded) or cableds decreased by -15.4% to 33 kg, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a slight descent. The pace of growth was the most pronounced in 2020 with an increase of 51%. As a result, imports reached the peak of 53 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of yarn; of flax, multiple (folded) or cableds expanded remarkably to $516 in 2022. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 58% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Top Suppliers of Yarn; of Flax, Multiple (Folded) or Cabled to Iraq in 2022:

1. Iran (31.0 kg)
2. Turkey (1.0 kg)
3. South Korea (1.0 kg)

Source: IndexBox Market Intelligence Platform