Iraq - Non-Woven, Felt and Coated Textile Garments - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIraq: Market for Non-Woven, Felt and Coated Textile Garments 2024
Market Size for Non-Woven, Felt and Coated Textile Garments in Iraq
In 2021, the Iraqi market for non-woven, felt and coated textile garments increased by 80% to $X, rising for the second consecutive year after two years of decline. In general, consumption enjoyed slight growth. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.
Exports of Non-Woven, Felt and Coated Textile Garments
Exports from Iraq
In 2021, overseas shipments of non-woven, felt and coated textile garments were finally on the rise to reach X units after two years of decline. Overall, exports showed a temperate increase. Over the period under review, the exports of attained the maximum at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.
In value terms, exports of non-woven, felt and coated textile garments soared to $X in 2021. In general, exports enjoyed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
The UK (X units) was the main destination for exports of non-woven, felt and coated textile garments from Iraq, accounting for a 88% share of total exports. Moreover, exports of non-woven, felt and coated textile garments to the UK exceeded the volume sent to the second major destination, the United Arab Emirates (X units), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume to the UK amounted to +92.1%.
In value terms, the UK ($X) emerged as the key foreign market for non-woven, felt and coated textile garments exports from Iraq, comprising 84% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 1.5% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to the UK totaled +50.8%.
Export Prices by Country
In 2021, the average export price for non-woven, felt and coated textile garments amounted to $X per unit, which is down by -3.2% against the previous year. In general, the export price, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 75% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to the United Arab Emirates stood at $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-3.8%), while the prices for the other major destinations experienced a decline.
Imports of Non-Woven, Felt and Coated Textile Garments
Imports into Iraq
In 2021, overseas purchases of non-woven, felt and coated textile garments increased by 75% to X units, rising for the second consecutive year after two years of decline. Overall, imports saw slight growth. The most prominent rate of growth was recorded in 2017 when imports increased by 142% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.
In value terms, imports of non-woven, felt and coated textile garments skyrocketed to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.
Imports by Country
Turkey (X units), China (X units) and Egypt (X units) were the main suppliers of imports of non-woven, felt and coated textile garments to Iraq, with a combined 79% share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +42.6%), while imports for the other leaders experienced mixed trend patterns.
In value terms, the largest non-woven, felt and coated textile garment suppliers to Iraq were Turkey ($X), Egypt ($X) and the United Arab Emirates ($X), together comprising 81% of total imports.
Turkey, with a CAGR of +36.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average import price for non-woven, felt and coated textile garments amounted to $X per unit, surging by 6.7% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 22% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for non-woven, felt and coated textile garment in Iraq. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 14193200 - Garments made up of felt or non-wovens, textile fabrics impregnated or coated
Country coverage:
- Iraq
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Iraq
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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