Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Iraq - 2022

Contents:

  1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Iraq (CIF) - 2022
  2. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Iraq

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Iraq (CIF) - 2022

In 2022, the average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $78,566 per ton, rising by 27% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of 86% against the previous year. As a result, import price reached the peak level of $87,596 per ton. From 2014 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 the United States ($119,655 per ton), while the price for the United Arab Emirates ($12,899 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+39.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Iraq

In 2022, approx. 5 tons of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses were imported into Iraq; reducing by -31.5% against 2021 figures. Over the period under review, imports saw a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 192% against the previous year.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses dropped to $391K in 2022. Overall, imports recorded a mild contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 265% against the previous year. As a result, imports reached the peak of $448K, and then contracted in the following year.

Import of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A61.80%
United States3171133673.5-77.7%
CanadaN/AN/A40.03.4-91.5%
Russia23.0N/AN/AN/A0%
LebanonN/AN/A41.0N/A0%
Turkey63.9N/AN/AN/A0%
OthersN/A9.7N/A323477.1%
Total404123448391-1.1%

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Iraq in 2022:

  1. United Arab Emirates (4.8 tons)
  2. Canada (0.1 tons)

Source: IndexBox Market Intelligence Platform

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