Wood; Clothes Hangers Price in Iraq - 2022

Wood; Clothes Hangers Price in Iraq (CIF) - 2022

In 2022, the average wood; clothes hangers import price amounted to $3,149 per ton, shrinking by -6.6% against the previous year. Overall, the import price showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when the average import price increased by 56% against the previous year. Over the period under review, average import prices attained the peak figure at $5,486 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($3,869 per ton), while the price for China ($2,707 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (-0.1%), while the prices for the other major suppliers experienced a decline.

Wood; Clothes Hangers Imports in Iraq

In 2022, wood; clothes hangers imports into Iraq reduced to 99 tons, declining by -4.5% compared with the previous year. Over the period under review, imports recorded a sharp curtailment.

In value terms, wood; clothes hangers imports shrank to $312K in 2022. Overall, imports recorded a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year.

Import of Wood; Clothes Hangers in Iraq (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	24.2	10.8	61.3	193	99.8%
Turkey	79.8	55.1	26.8	26.7	-30.6%
Portugal	N/A	0.2	0.3	18.3	856.6%
Iran	1,486	195	211	N/A	-62.3%
Others	27.5	12.3	49.8	73.2	38.6%
Total	1,618	274	349	312	-42.2%