Iraq: Men Knitwear Market 2025

Men Knitwear Market Size in Iraq

In 2022, the Iraqi men knitwear market was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. In general, consumption, however, saw a pronounced setback. Men knitwear consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Men Knitwear Production in Iraq

In value terms, men knitwear production stood at $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 15% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Men Knitwear Exports

Exports from Iraq

In 2022, approx. X units of men's or boys' clothing (knitted or crocheted) were exported from Iraq; with an increase of 151% on 2021. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 898% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, men knitwear exports surged to $X in 2022. In general, exports posted a slight expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 248%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden (X units) was the main destination for men knitwear exports from Iraq, accounting for a 15% share of total exports. Moreover, men knitwear exports to Sweden exceeded the volume sent to the second major destination, Germany (X units), fourfold. Finland (X units) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden amounted to +34.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+61.1% per year) and Finland (+46.9% per year).

In value terms, Sweden ($X), Turkey ($X) and Germany ($X) were the largest markets for men knitwear exported from Iraq worldwide, with a combined 31% share of total exports.

Germany, with a CAGR of +47.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average men knitwear export price stood at $X per unit in 2022, shrinking by -33.3% against the previous year. In general, the export price recorded a deep downturn. The growth pace was the most rapid in 2016 when the average export price increased by 147%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+537.8%), while the prices for the other major destinations experienced more modest paces of growth.

Men Knitwear Imports

Imports into Iraq

In 2022, after two years of decline, there was growth in supplies from abroad of men's or boys' clothing (knitted or crocheted), when their volume increased by 3.6% to X units. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 64% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, men knitwear imports dropped to $X in 2022. Over the period under review, imports, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2013 when imports increased by 75%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Turkey (X units) and the United Arab Emirates (X units) were the main suppliers of men knitwear imports to Iraq, together accounting for 97% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +19.5%), while imports for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of men's or boys' clothing (knitted or crocheted) to Iraq, comprising 66% of total imports. The second position in the ranking was held by Turkey ($X), with a 26% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+8.4% per year) and the United Arab Emirates (-16.2% per year).

Import Prices by Country

The average men knitwear import price stood at $X per unit in 2022, dropping by -3.7% against the previous year. In general, the import price recorded a abrupt contraction. The pace of growth was the most pronounced in 2016 an increase of 51% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a 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 the United Arab Emirates ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+18.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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