Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Iraq - 2022

Contents:

  1. Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Iraq (CIF) - 2022
  2. Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Iraq

Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Iraq (CIF) - 2022

In 2022, the average import price for woven fabrics of combed wool or of combed fine animal hair amounted to $6.9 per square meter, rising by 9.9% against the previous year. In general, the import price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 18% against the previous year. Over the period under review, average import prices hit record highs at $11 per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($8 per square meter), while the price for China totaled $6.2 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+1.7%), while the prices for the other major suppliers experienced a decline.

Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Iraq

For the fourth consecutive year, Iraq recorded growth in supplies from abroad of woven fabrics of combed wool or of combed fine animal hair, which increased by 106% to 164K square meters in 2022. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 131%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair surged to $1.1M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A19136271192.9%
United Arab Emirates147N/A69.139338.8%
Italy24.539.163.65.0-41.1%
Others6.111.83.319.848.1%
Total1772424981,12885.4%

Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Iraq in 2022:

  1. China (113.9K square meters)
  2. United Arab Emirates (49.3K square meters)
  3. Italy (0.2K square meters)

Source: IndexBox Market Intelligence Platform

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