Price for Yarn; of Flax, Single in Iraq - 2022
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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.
Import of Yarn; of Flax, Single in Iraq (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 501 | 968 | 204 | 292 | -16.5% |
China | 7.0 | 22.0 | 20.0 | 3.0 | -24.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 508 | 990 | 224 | 295 | -16.6% |
Top Suppliers of Yarn; of Flax, Single to Iraq in 2022:
- Turkey (52.0 kg)
- China (4.0 kg)
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