Iraq: Mannequin Market 2022

Mannequin Market Size in Iraq

The Iraqi mannequin market soared to $X in 2021, growing by X% 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). Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Mannequin Exports

Exports from Iraq

In 2021, the amount of mannequins exported from Iraq declined notably to X kg, reducing by -X% compared with 2020 figures. Over the period under review, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, mannequin exports shrank sharply to $X in 2021. In general, exports, however, posted mild growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

China (X kg) was the main destination for mannequin exports from Iraq, accounting for a X% share of total exports. Moreover, mannequin exports to China exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), fourfold.

From 2012 to 2021, the average annual growth rate of volume to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-X% per year) and the Netherlands (X% per year).

In value terms, China ($X) remains the key foreign market for mannequin exports from Iraq, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2021, the average mannequin export price amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($X per ton), while the average price for exports to the Netherlands ($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 the Netherlands (X%), while the prices for the other major destinations experienced a decline.

Mannequin Imports

Imports into Iraq

Mannequin imports into Iraq surged to X tons in 2021, rising by X% against 2020 figures. Over the period under review, imports recorded moderate growth. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth imports remained at a lower figure.

In value terms, mannequin imports surged to $X in 2021. Overall, imports saw a mild shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2021, Malaysia (X tons) constituted the largest mannequin supplier to Iraq, with a X% share of total imports. Moreover, mannequin imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Malaysia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the United Arab Emirates (+X% per year).

In value terms, the largest mannequin suppliers to Iraq were Malaysia ($X), Russia ($X) and the United Arab Emirates ($X), together accounting for X% of total imports.

Russia, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average mannequin import price amounted to $X per ton, dropping by -X% against the previous year. Overall, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Russia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform