Insects; Live, Bees Price in Iraq - 2022

Insects; Live, Bees Price in Iraq (CIF) - 2022

The average insects; live, bees import price stood at $84 per unit in 2022, surging by 50% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 94% against the previous year. The import price peaked at $402 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Iran.

From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to -15.0% per year.

Insects; Live, Bees Imports in Iraq

In 2022, after two years of decline, there was significant growth in supplies from abroad of insects; live, beeses, when their volume increased by 124% to 4.1K units. In general, imports, however, continue to indicate a deep reduction. Imports peaked at 7.5K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, insects; live, bees imports skyrocketed to $347K in 2022. Overall, imports, however, faced a precipitous decrease. Imports peaked at $955K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.