Broken Rice Price in Iraq - 2022
Contents:
- Broken Rice Price in Iraq (CIF) - 2022
- Broken Rice Price in Iraq (FOB) - 2022
- Broken Rice Imports in Iraq
- Broken Rice Exports in Iraq
Broken Rice Price in Iraq (CIF) - 2022
In 2022, the average broken rice import price amounted to $339 per ton, falling by -4.8% against the previous year. Overall, the import price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2016 an increase of 31% against the previous year. The import price peaked at $560 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Iran ($1,636 per ton), while the price for India ($256 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+1.0%), while the prices for the other major suppliers experienced a decline.
Broken Rice Price in Iraq (FOB) - 2022
The average broken rice export price stood at $825 per ton in 2022, flattening at the previous year. In general, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2015 a decrease of -15.5%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -21.6% per year.
Broken Rice Imports in Iraq
In 2022, the amount of broken rice imported into Iraq shrank rapidly to 643 tons, falling by -80.7% on the previous year's figure. Overall, imports, however, saw a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 871%. As a result, imports attained the peak of 3.3K tons, and then dropped sharply in the following year.
In value terms, broken rice imports dropped dramatically to $218K in 2022. Over the period under review, imports, however, showed a measured expansion. The most prominent rate of growth was recorded in 2021 with an increase of 747%. As a result, imports attained the peak of $1.2M, and then declined sharply in the following year.
| Import of Broken Rice in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 112 | 78.5 | 538 | 95.5 | -5.2% |
| United Arab Emirates | 1.4 | 9.6 | 176 | 45.9 | 220.1% |
| India | 40.1 | 40.2 | 260 | 43.4 | 2.7% |
| Iran | 42.6 | 10.5 | 157 | 24.6 | -16.7% |
| Turkey | 1.2 | 0.9 | 52.5 | 8.5 | 92.0% |
| Others | 2.6 | 0.3 | 2.3 | 0.4 | -46.4% |
| Total | 200 | 140 | 1,186 | 218 | 2.9% |
Top Suppliers of Broken Rice to Iraq in 2022:
- Pakistan (306.8 tons)
- India (169.6 tons)
- United Arab Emirates (128.9 tons)
- Turkey (21.8 tons)
- Iran (15.0 tons)
Broken Rice Exports in Iraq
In 2022, the amount of broken rice exported from Iraq stood at 1.2 tons, approximately reflecting 2021. In general, exports recorded a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, broken rice exports amounted to $962 in 2022. Overall, exports recorded significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Broken Rice in Iraq (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | N/A | N/A | 481 | 0% | |
| Ireland | 108 | N/A | N/A | 0% | |
| United Arab Emirates | 36.0 | N/A | N/A | 0% | |
| Others | 108 | N/A | 481 | 111.0% | |
| Total | 252 | N/A | 962 | 95.4% | |
Top Export Markets for Broken Rice from Iraq in 2022:
- Netherlands (583.0 kg)
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