Price for Wood; Shingles and Shakes in Iraq - 2022

Contents:

  1. Price for Wood; Shingles and Shakes in Iraq (CIF) - 2022
  2. Imports of Wood; Shingles and Shakes in Iraq

Price for Wood; Shingles and Shakes in Iraq (CIF) - 2022

The average wood; shingles and shakes import price stood at $488 per ton in 2022, which is down by -15.3% against the previous year. In general, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2013 an increase of 395% against the previous year. The import price peaked at $6,340 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -3.7% per year.

Imports of Wood; Shingles and Shakes in Iraq

In 2022, imports of wood; shingles and shakeses into Iraq rose significantly to 15 tons, with an increase of 13% against the previous year. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +27.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +108.1% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 92%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, wood; shingles and shakes imports fell to $7.4K in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 11%.

Import of Wood; Shingles and Shakes in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey6.47.10.47.45.0%
IranN/AN/A7.4N/A0%
OthersN/AN/AN/AN/A0%
Total6.47.17.87.45.0%

Top Suppliers of Wood; Shingles and Shakes to Iraq in 2022:

  1. Turkey (15.3 tons)

Source: IndexBox Market Intelligence Platform

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