Iraq: Market for Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres 2023

Market Size for Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres in Iraq

The Iraqi market for bed linen of other woven textiles and non-woven man-made fibres stood at $X in 2021, with an increase of 11% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -2.9% against 2019 indices. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Exports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

Exports from Iraq

In 2021, overseas shipments of bed linen of other woven textiles and non-woven man-made fibres increased by 11% to X kg, rising for the fifth year in a row after two years of decline. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 130%. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of bed linen of other woven textiles and non-woven man-made fibres dropped to $X in 2021. In general, exports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 105% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden (X kg) was the main destination for exports of bed linen of other woven textiles and non-woven man-made fibres from Iraq, with a 63% share of total exports. Moreover, exports of bed linen of other woven textiles and non-woven man-made fibres to Sweden exceeded the volume sent to the second major destination, Georgia (X kg), threefold. The third position in this ranking was held by Austria (X kg), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Sweden stood at +47.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (0.0% per year) and Austria (-9.3% per year).

In value terms, Sweden ($X) emerged as the key foreign market for bed linen of other woven textiles and non-woven man-made fibres exports from Iraq, comprising 58% of total exports. The second position in the ranking was held by Austria ($X), with a 24% share of total exports. It was followed by Georgia, with a 17% share.

From 2012 to 2021, the average annual growth rate of value to Sweden totaled +29.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-11.3% per year) and Georgia (0.0% per year).

Export Prices by Country

The average export price for bed linen of other woven textiles and non-woven man-made fibres stood at $X per ton in 2021, reducing by -14.4% against the previous year. Over the period under review, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2013 when the average export price increased by 55%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Austria ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (-2.2%), while the prices for the other major destinations experienced a decline.

Imports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

Imports into Iraq

In 2021, the amount of bed linen of other woven textiles and non-woven man-made fibres imported into Iraq reached X tons, growing by 11% against the previous year's figure. In general, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +81.3% against 2014 indices. The growth pace was the most rapid in 2013 when imports increased by 51%. Over the period under review, imports of reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of bed linen of other woven textiles and non-woven man-made fibres reached $X in 2021. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -12.3% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 48% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest bed linen of other woven textiles and non-woven man-made fibres supplier to Iraq, accounting for a 88% share of total imports. Moreover, imports of bed linen of other woven textiles and non-woven man-made fibres from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), tenfold. Iran (X tons) ranked third in terms of total imports with a 1.6% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+16.4% per year) and Iran (+13.5% per year).

In value terms, China ($X) constituted the largest supplier of bed linen of other woven textiles and non-woven man-made fibres to Iraq, comprising 88% of total imports. The second position in the ranking was held by Turkey ($X), with a 7.6% share of total imports. It was followed by Iran, with a 3.3% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+9.8% per year) and Iran (+22.0% per year).

Import Prices by Country

In 2021, the average import price for bed linen of other woven textiles and non-woven man-made fibres amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 60% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Iran ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+7.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :