Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iraq - 2022
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iraq (CIF) - 2022
- Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iraq
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iraq (CIF) - 2022
The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $2,836 per ton in 2022, growing by 20% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 66%. As a result, import price reached the peak level of $2,905 per ton. From 2016 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 France ($14,522 per ton), while the price for Turkey amounted to $1,959 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+30.4%), while the prices for the other major suppliers experienced a decline.
Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iraq
For the fourth consecutive year, Iraq recorded growth in purchases abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings, which increased by 70% to 87 tons in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings skyrocketed to $245K in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 57.0 | 27.2 | 78.8 | 156 | 39.9% |
| France | N/A | N/A | N/A | 82.5 | 0% |
| Kuwait | N/A | N/A | 29.9 | N/A | 0% |
| United Arab Emirates | N/A | 24.2 | 2.3 | N/A | -90.5% |
| Iran | 22.8 | 27.9 | 8.8 | N/A | -37.9% |
| Others | 0.9 | 1.7 | N/A | 6.7 | 95.3% |
| Total | 80.7 | 81.0 | 120 | 245 | 44.8% |
Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Iraq in 2022:
- Turkey (79.8 tons)
- France (5.7 tons)
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