Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Iraq - 2022

Contents:

  1. Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Iraq (CIF) - 2022
  2. Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Iraq

Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Iraq (CIF) - 2022

In 2022, the average import price for yarn of carded wool, not put up for retail sale amounted to $4,212 per ton, surging by 6.8% against the previous year. Overall, the import price, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of 23%. The import price peaked at $12,776 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($4,535 per ton), while the price for South Korea stood at $4,005 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.4%).

Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Iraq

Imports of yarn of carded wool, not put up for retail sale into Iraq fell to 5.1 tons in 2022, reducing by -2.3% compared with the previous year's figure. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 40% against the previous year. As a result, imports attained the peak of 5.3 tons, and then reduced in the following year.

In value terms, imports of yarn of carded wool, not put up for retail sale totaled $22K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 69%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/AN/A12.50%
Turkey13.212.317.19.1-11.7%
United Arab Emirates0.3N/A3.7N/A251.2%
OthersN/AN/AN/AN/A0%
Total13.512.320.721.617.0%

Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Iraq in 2022:

  1. South Korea (3.1 tons)
  2. Turkey (2.0 tons)

Source: IndexBox Market Intelligence Platform

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