Chipped Non-Coniferous Wood Price in Iraq - 2022
Contents:
Chipped Non-Coniferous Wood Price in Iraq (CIF) - 2022
In 2022, the average chipped non-coniferous wood import price amounted to $189 per cubic meter, stabilizing at the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chipped non-coniferous wood import price increased by +116.1% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 90% against the previous year. As a result, import price attained the peak level of $225 per cubic meter. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($929 per cubic meter), while the price for Turkey ($31 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+32.5%).
Chipped Non-Coniferous Wood Imports in Iraq
In 2022, after two years of decline, there was significant growth in overseas purchases of non-coniferous wood in chips or particles, when their volume increased by 178% to 164 cubic meters. Overall, imports, however, saw a precipitous decline. Over the period under review, imports attained the peak figure at 528 cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, chipped non-coniferous wood imports soared to $31K in 2022. Over the period under review, imports, however, faced a sharp downturn. Imports peaked at $80K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Chipped Non-Coniferous Wood in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 17.7 | 0% |
| Italy | 65.5 | 39.0 | 8.3 | 6.6 | -53.5% |
| United States | 14.3 | 10.4 | 1.8 | 4.4 | -32.5% |
| Turkey | N/A | N/A | N/A | 1.5 | 0% |
| Others | 0.6 | 1.5 | 0.9 | 0.9 | 14.5% |
| Total | 80.4 | 50.9 | 11.0 | 31.0 | -27.2% |
Top Suppliers of Chipped Non-Coniferous Wood to Iraq in 2022:
- United States (83.0 cubic meters)
- Turkey (48.0 cubic meters)
- United Arab Emirates (19.0 cubic meters)
- Italy (13.0 cubic meters)
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