Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iraq - 2022
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iraq (CIF) - 2022
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iraq (FOB) - 2022
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iraq
- Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iraq
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iraq (CIF) - 2022
In 2022, the average import price for furniture; wooden, other than for office, kitchen or bedroom use amounted to $95 per unit, dropping by -5.2% against the previous year. In general, the import price, however, continues to indicate a perceptible increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 75% against the previous year. As a result, import price reached the peak level of $147 per unit. From 2021 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($156 per unit), while the price for Turkey ($81 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iraq (FOB) - 2022
The average export price for furniture; wooden, other than for office, kitchen or bedroom use stood at $113 per unit in 2022, with an increase of 11% against the previous year. Overall, the export price posted pronounced growth. The growth pace was the most rapid in 2017 an increase of 89%. As a result, the export price attained the peak level of $202 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Egypt ($120 per unit) and the Netherlands ($116 per unit), while the average price for exports to Sweden ($99 per unit) and Germany ($108 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iraq
In 2022, the amount of furniture; wooden, other than for office, kitchen or bedroom use imported into Iraq dropped to 2M units, which is down by -10.4% compared with the previous year. Overall, imports showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 48%. Over the period under review, imports of attained the peak figure at 2.6M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use fell dramatically to $193M in 2022. In general, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of 2%. Over the period under review, imports of attained the peak figure at $227M in 2021, and then contracted dramatically in the following year.
| Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 86.2 | 99.5 | 90.1 | 96.5 | 3.8% |
| Turkey | 63.5 | 55.8 | 72.0 | 66.7 | 1.7% |
| Egypt | 20.7 | 25.4 | 20.3 | 15.5 | -9.2% |
| Italy | 11.9 | 8.0 | 10.7 | 7.4 | -14.6% |
| Iran | 34.4 | 32.1 | 29.2 | N/A | -7.9% |
| Others | 5.2 | 5.3 | 4.9 | 6.7 | 8.8% |
| Total | 222 | 226 | 227 | 193 | -4.6% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Iraq in 2022:
- China (932.0K units)
- Turkey (826.8K units)
- Egypt (99.2K units)
- Italy (92.0K units)
Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iraq
Exports of furniture; wooden, other than for office, kitchen or bedroom use from Iraq skyrocketed to 398 units in 2022, picking up by 542% compared with the year before. Over the period under review, exports continue to indicate a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use surged to $45K in 2022. In general, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 28.0 | 22.1 | 0.3 | 24.8 | -4.0% |
| United Kingdom | 1.8 | 3.8 | 1.4 | 9.1 | 71.6% |
| Germany | 3.0 | 2.3 | 1.2 | 4.5 | 14.5% |
| Netherlands | 0.1 | 2.8 | 1.8 | 3.1 | 214.1% |
| Egypt | N/A | N/A | 1.1 | 1.6 | 45.5% |
| United Arab Emirates | N/A | N/A | 0.5 | 0.9 | 80.0% |
| Sweden | N/A | N/A | N/A | 0.9 | 0% |
| Others | 0.3 | 3.4 | N/A | 0.1 | -30.7% |
| Total | 33.2 | 34.4 | 6.3 | 44.9 | 10.6% |
Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Iraq in 2022:
- Turkey (214.0 units)
- United Kingdom (84.0 units)
- Germany (42.0 units)
- Netherlands (27.0 units)
- Egypt (13.0 units)
- Sweden (9.0 units)
- United Arab Emirates (8.0 units)
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