Price for Furniture; of Bamboo or Rattan in Iraq - 2022
Contents:
- Price for Furniture; of Bamboo or Rattan in Iraq (CIF) - 2022
- Imports of Furniture; of Bamboo or Rattan in Iraq
Price for Furniture; of Bamboo or Rattan in Iraq (CIF) - 2022
The average import price for furniture; of bamboo or rattan stood at $4,681 per ton in 2022, waning by -2% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 64% against the previous year. As a result, import price attained the peak level of $5,918 per ton. From 2014 to 2022, the average 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 Indonesia ($12,318 per ton), while the price for Turkey ($260 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+19.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Furniture; of Bamboo or Rattan in Iraq
After three years of growth, purchases abroad of furniture; of bamboo or rattan decreased by -0.3% to 27 tons in 2022. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 5%.
In value terms, furniture; of bamboo or rattan imports fell slightly to $126K in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 4.8% against the previous year.
Import of Furniture; of Bamboo or Rattan in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 111 | 118 | 125 | 123 | 3.5% |
Turkey | 1.1 | 0.8 | 0.6 | 0.4 | -28.6% |
Others | 5.3 | 4.4 | 3.6 | 2.8 | -19.2% |
Total | 118 | 123 | 129 | 126 | 2.2% |
Top Suppliers of Furniture; of Bamboo or Rattan to Iraq in 2022:
- China (25.2 tons)
- Turkey (1.4 tons)
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