Price for Yarn; of Flax, Single in Iraq - 2022

Price for Yarn; of Flax, Single in Iraq (CIF) - 2022

The average yarn; of flax, single import price stood at $5,268 per ton in 2022, jumping by 32% against the previous year. Overall, the import price saw resilient growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 34%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($5,615 per ton), while the price for China amounted to $750 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Yarn; of Flax, Single in Iraq

In 2022, supplies from abroad of yarn; of flax, singles decreased by 0% to 56 kg, falling for the second consecutive year after two years of growth. In general, imports recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 83%. As a result, imports reached the peak of 190 kg. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, yarn; of flax, single imports soared to $295 in 2022. Overall, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 95% against the previous year. As a result, imports attained the peak of $990. From 2021 to 2022, the growth of imports failed to regain momentum.