Artificial Graphite Price in Iraq - 2022

Artificial Graphite Price in Iraq (CIF) - 2022

The average artificial graphite import price stood at $890 per ton in 2022, dropping by -10.4% against the previous year. Over the period under review, the import price showed a abrupt setback. The growth pace was the most rapid in 2019 an increase of 72%. The import price peaked at $2,530 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 States ($118,897 per ton), while the price for Turkey ($605 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+48.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Artificial Graphite Imports in Iraq

After three years of growth, overseas purchases of artificial graphite decreased by -15.7% to 131 tons in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 230% against the previous year. As a result, imports attained the peak of 155 tons, and then contracted markedly in the following year.

In value terms, artificial graphite imports plummeted to $116K in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. As a result, imports attained the peak of $154K, and then declined markedly in the following year.