Price for Flax; Hackled or Otherwise Processed, But Not Spun in Iraq - 2022
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Iraq (CIF) - 2022
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Iraq
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Iraq (CIF) - 2022
The average import price for flax; hackled or otherwise processed, but not spuns stood at $3,825 per ton in 2022, declining by -56.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2018 when the average import price increased by 188% against the previous year. The import price peaked at $23,815 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($139,541 per ton), while the price for Turkey stood at $930 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.6%).
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Iraq
For the fourth consecutive year, Iraq recorded growth in overseas purchases of flax; hackled or otherwise processed, but not spuns, which increased by 301% to 9.8 tons in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 416% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of flax; hackled or otherwise processed, but not spuns surged to $38K in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 302% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.5 | 5.0 | 19.5 | 28.6 | 167.2% |
| Turkey | 0.5 | 0.3 | 2.0 | 8.9 | 161.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.1 | 5.3 | 21.4 | 37.5 | 161.4% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Iraq in 2022:
- Turkey (9.6 tons)
- Italy (0.2 tons)
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