Price for Buttons; of Plastics, Not Covered with Textile Material in Iraq - 2022
Contents:
- Price for Buttons; of Plastics, Not Covered with Textile Material in Iraq (CIF) - 2022
- Imports of Buttons; of Plastics, Not Covered with Textile Material in Iraq
Price for Buttons; of Plastics, Not Covered with Textile Material in Iraq (CIF) - 2022
The average import price for buttons; of plastics, not covered with textile materials stood at $33,522 per ton in 2022, jumping by 29% against the previous year. In general, the import price saw a noticeable expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 37%. Over the period under review, average import prices hit record highs at $48,275 per ton in 2019; however, from 2020 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 China ($43,949 per ton), while the price for Turkey ($11,730 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Buttons; of Plastics, Not Covered with Textile Material in Iraq
In 2022, imports of buttons; of plastics, not covered with textile materials into Iraq fell rapidly to 23 tons, which is down by -23.6% compared with the year before. In general, imports recorded a perceptible downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 91% against the previous year. As a result, imports reached the peak of 30 tons, and then dropped rapidly in the following year.
In value terms, imports of buttons; of plastics, not covered with textile materials shrank to $759K in 2022. Over the period under review, imports faced a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 2.9% against the previous year.
| Import of Buttons; of Plastics, Not Covered with Textile Material in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,208 | 657 | 635 | 634 | -19.3% |
| Turkey | 22.8 | 46.8 | 75.3 | 62.0 | 39.6% |
| United Arab Emirates | 26.8 | 37.8 | 52.7 | 55.0 | 27.1% |
| Iran | 1.4 | 6.4 | 6.4 | 7.5 | 75.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,259 | 748 | 770 | 759 | -15.5% |
Top Suppliers of Buttons; of Plastics, Not Covered with Textile Material to Iraq in 2022:
- China (14.4 tons)
- Turkey (5.3 tons)
- United Arab Emirates (2.3 tons)
- Iran (0.6 tons)
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