Iraq: Market for Footwear with Uppers of Textile Materials 2024

Market Size for Footwear with Uppers of Textile Materials in Iraq

After two years of growth, the Iraqi market for footwear with uppers of textile materials decreased by X% to $X in 2022. Overall, consumption, however, showed a remarkable increase. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Exports of Footwear with Uppers of Textile Materials

Exports from Iraq

In 2022, after two years of growth, there was significant decline in overseas shipments of footwear with uppers of textile materials, when their volume decreased by X% to X pairs. Overall, exports, however, saw prominent growth. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports of attained the peak figure at X pairs in 2021, and then shrank in the following year.

In value terms, exports of footwear with uppers of textile materials dropped remarkably to $X in 2022. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2021, and then declined sharply in the following year.

Exports by Country

Turkey (X pairs) was the main destination for exports of footwear with uppers of textile materials from Iraq, accounting for a X% share of total exports. Moreover, exports of footwear with uppers of textile materials to Turkey exceeded the volume sent to the second major destination, the Netherlands (X pairs), more than tenfold. Denmark (X pairs) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Denmark (X% per year).

In value terms, Turkey ($X), the Netherlands ($X) and Denmark ($X) appeared to be the largest markets for footwear with uppers of textile materials exported from Iraq worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for footwear with uppers of textile materials amounted to $X per pair, with a decrease of X% against the previous year. In general, the export price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2013 an increase of X%. The export price peaked at $X per pair in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per pair), while the average price for exports to Belgium ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Footwear with Uppers of Textile Materials

Imports into Iraq

In 2022, after two years of growth, there was significant decline in supplies from abroad of footwear with uppers of textile materials, when their volume decreased by X% to X pairs. Over the period under review, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at X pairs in 2021, and then declined remarkably in the following year.

In value terms, imports of footwear with uppers of textile materials fell to $X in 2022. Overall, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by X%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

China (X pairs), Turkey (X pairs) and Iran (X pairs) were the main suppliers of imports of footwear with uppers of textile materials to Iraq, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of footwear with uppers of textile materials to Iraq, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Iran (X% per year).

Import Prices by Country

The average import price for footwear with uppers of textile materials stood at $X per pair in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per pair. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Iran ($X per pair), while the price for Turkey ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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