Price for Wood; Posts and Beams in Iraq - 2022
Contents:
Price for Wood; Posts and Beams in Iraq (CIF) - 2022
In 2022, the average wood; posts and beams import price amounted to $376 per ton, rising by 2.3% against the previous year. Overall, the import price, however, showed a abrupt descent. The growth pace was the most rapid in 2014 when the average import price increased by 15%. As a result, import price attained the peak level of $1,997 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Lebanon.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +15.0% per year.
Imports of Wood; Posts and Beams in Iraq
In 2022, after three years of growth, there was decline in overseas purchases of wood; posts and beamses, when their volume decreased by -4.4% to 2.8K tons. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 113%.
In value terms, wood; posts and beams imports dropped slightly to $1M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 74% against the previous year.
| Import of Wood; Posts and Beams in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | N/A | N/A | N/A | 1,050 | 0% |
| Russia | N/A | 359 | 393 | N/A | 9.5% |
| Turkey | 474 | 533 | 616 | N/A | 14.0% |
| Others | 114 | 134 | 65.5 | N/A | -24.2% |
| Total | 588 | 1,026 | 1,074 | 1,050 | 21.3% |
Top Suppliers of Wood; Posts and Beams to Iraq in 2022:
- Lebanon (2.8K tons)
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