Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Iraq - 2022

Contents:

1. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Iraq (CIF) - 2022
2. Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Iraq (FOB) - 2022
3. Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Iraq
4. Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Iraq

Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Iraq (CIF) - 2022

The average import price for handbags with outer surface of leather, composition leather, or patent leathers stood at $34 per unit in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2018 an increase of 150% against the previous year. As a result, import price reached the peak level of $149 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 the United Arab Emirates ($889 per unit), while the price for China ($35 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Iraq (FOB) - 2022

The average export price for handbags with outer surface of leather, composition leather, or patent leathers stood at $30 per unit in 2022, which is down by -51.7% against the previous year. In general, the export price recorded a sharp downturn. The pace of growth appeared the most rapid in 2018 an increase of 174% against the previous year. Over the period under review, the average export prices hit record highs at $745 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($200 per unit), while the average price for exports to Ireland ($3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Iraq

In 2022, approx. 333K units of handbags with outer surface of leather, composition leather, or patent leathers were imported into Iraq; growing by 17% against the year before. In general, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 179%. As a result, imports reached the peak of 344K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of handbags with outer surface of leather, composition leather, or patent leathers skyrocketed to $11M in 2022. Overall, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather to Iraq in 2022:

1. China (246.3K units)
2. Turkey (5.7K units)

Exports of Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather in Iraq

For the fourth year in a row, Iraq recorded growth in overseas shipments of handbags with outer surface of leather, composition leather, or patent leathers, which increased by 5.1% to 513 units in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 2,771%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of handbags with outer surface of leather, composition leather, or patent leathers shrank sharply to $15K in 2022. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,791%. As a result, the exports attained the peak of $30K, and then declined rapidly in the following year.

Top Export Markets for Handbags with Outer Surface of Leather, Composition Leather, or Patent Leather from Iraq in 2022:

1. France (1013.0 units)
2. Netherlands (29.0 units)
3. Romania (28.0 units)
4. Canada (26.0 units)
5. United Arab Emirates (20.0 units)
6. Italy (18.0 units)

Source: IndexBox Market Intelligence Platform