Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Iraq - 2022
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Iraq (CIF) - 2022
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Iraq (FOB) - 2022
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Iraq
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Iraq
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Iraq (CIF) - 2022
In 2022, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $6.6 per unit, approximately reflecting the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for track suits; of synthetic fibres, knitted or crocheteds increased by +101.9% against 2018 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 48%. Over the period under review, average import prices reached the maximum at $6.7 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lebanon ($22 per unit), while the price for Turkey ($3.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Iraq (FOB) - 2022
The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $4.4 per unit in 2022, with a decrease of -52.1% against the previous year. Overall, the export price recorded a perceptible curtailment. The pace of growth was the most pronounced in 2021 a decrease of -34.5% against the previous year. The export price peaked at $14 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($4.5 per unit), while the average price for exports to Finland stood at $4.2 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-51.4%).
Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Iraq
For the third year in a row, Iraq recorded decline in overseas purchases of track suits; of synthetic fibres, knitted or crocheteds, which decreased by -19% to 92K units in 2022. Over the period under review, imports saw a significant decrease. The smallest decline of -14.7% was in 2020. Imports peaked at 187K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds shrank sharply to $612K in 2022. In general, imports recorded a abrupt descent. The smallest decline of -8.4% was in 2021. Over the period under review, imports of hit record highs at $906K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 536 | 520 | 459 | 363 | -12.2% |
| United Arab Emirates | 74.7 | 105 | 134 | 117 | 16.1% |
| Lebanon | 11.1 | 25.0 | 78.0 | 72.7 | 87.1% |
| Turkey | 218 | 136 | 74.7 | 16.0 | -58.1% |
| India | N/A | N/A | N/A | 14.3 | 0% |
| Others | 66.5 | 42.1 | 13.9 | 28.8 | -24.3% |
| Total | 906 | 829 | 760 | 612 | -12.3% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Iraq in 2022:
- China (71.5K units)
- United Arab Emirates (10.0K units)
- Turkey (4.7K units)
- Lebanon (3.3K units)
- India (1.6K units)
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Iraq
In 2022, exports of track suits; of synthetic fibres, knitted or crocheteds from Iraq skyrocketed to 14 units, rising by 250% compared with the previous year's figure. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds skyrocketed to $62 in 2022. Overall, exports, however, showed a precipitous contraction. Over the period under review, the exports of attained the maximum at $113 in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Iraq (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Turkey | N/A | 37.0 | 45.0 | 21.6% | |
| Finland | N/A | N/A | 17.0 | 0% | |
| Austria | 113 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 113 | 37.0 | 62.0 | -25.9% | |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Iraq in 2022:
- Turkey (10.0 units)
- Finland (4.0 units)
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