Iraq: Market for Footwear with Uppers of Textile Materials 2024

Market Size for Footwear with Uppers of Textile Materials in Iraq

In 2022, the Iraqi market for footwear with uppers of textile materials decreased by -14.1% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, saw a strong increase. Consumption of peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Exports of Footwear with Uppers of Textile Materials

Exports from Iraq

After two years of growth, shipments abroad of footwear with uppers of textile materials decreased by -5.7% to X pairs in 2022. Overall, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 374% against the previous year. As a result, the exports reached the peak of X pairs. From 2017 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of footwear with uppers of textile materials dropped dramatically to $X in 2022. Over the period under review, exports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2018 when exports increased by 473% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X pairs) was the main destination for exports of footwear with uppers of textile materials from Iraq, accounting for a 77% 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), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey amounted to +40.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+49.8% per year) and Belgium (-38.3% per year).

In value terms, Turkey ($X), the Netherlands ($X) and Belgium ($X) appeared to be the largest markets for footwear with uppers of textile materials exported from Iraq worldwide, with a combined 47% share of total exports.

The Netherlands, with a CAGR of +36.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination 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, which is down by -17.6% against the previous year. In general, the export price showed a perceptible contraction. The pace of growth was the most pronounced in 2014 an increase of 55% against the previous year. As a result, the export price attained the peak level of $X per pair. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per pair), while the average price for exports to Belgium ($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 Turkey (-6.1%), while the prices for the other major destinations experienced a decline.

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 -10.7% to X pairs. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 33% against the previous year. Over the period under review, imports of hit record highs at X pairs in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of footwear with uppers of textile materials dropped to $X in 2022. Overall, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of 57% against the previous year. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Turkey (X pairs) constituted the largest supplier of footwear with uppers of textile materials to Iraq, with a 74% share of total imports. Moreover, imports of footwear with uppers of textile materials from Turkey exceeded the figures recorded by the second-largest supplier, China (X pairs), threefold.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at -2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.6% per year) and Iran (+20.0% per year).

In value terms, China ($X) constituted the largest supplier of footwear with uppers of textile materials to Iraq, comprising 81% of total imports. The second position in the ranking was held by Turkey ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +42.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-7.9% per year) and Iran (+22.9% per year).

Import Prices by Country

In 2022, the average import price for footwear with uppers of textile materials amounted to $X per pair, declining by -4.7% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 47%. The import price peaked at $X per pair in 2021, and then contracted modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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