Price for Silk; Woven Fabrics of Noil Silk in Iraq - 2022
Contents:
- Price for Silk; Woven Fabrics of Noil Silk in Iraq (CIF) - 2022
- Imports of Silk; Woven Fabrics of Noil Silk in Iraq
Price for Silk; Woven Fabrics of Noil Silk in Iraq (CIF) - 2022
The average import price for silk; woven fabrics of noil silks stood at $24,565 per ton in 2022, picking up by 62% against the previous year. Overall, the import price, however, recorded a noticeable downturn. The import price peaked at $72,336 per ton in 2014; however, from 2015 to 2022, import prices stood 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 Egypt ($144,000 per ton), while the price for Turkey ($13,068 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+66.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Silk; Woven Fabrics of Noil Silk in Iraq
For the fourth year in a row, Iraq recorded growth in purchases abroad of silk; woven fabrics of noil silks, which increased by 7% to 172 tons in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 687%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of silk; woven fabrics of noil silks soared to $4.2M in 2022. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 409%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Silk; Woven Fabrics of Noil Silk in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.1 | 0.1 | 0.1 | 4.2 | 247.6% |
| Turkey | 0.1 | 1.3 | 2.4 | N/A | 389.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.3 | 1.3 | 2.4 | 4.2 | 141.0% |
Top Suppliers of Silk; Woven Fabrics of Noil Silk to Iraq in 2022:
- United Arab Emirates (171.5 tons)
- Turkey (0.1 tons)
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