Cerium Compounds Price in Iraq - 2022
Contents:
Cerium Compounds Price in Iraq (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $1,232 per ton, dropping by -54.3% against the previous year. In general, the import price saw a dramatic setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21%. The import price peaked at $62,281 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -31.8% per year.
Cerium Compounds Imports in Iraq
In 2022, imports of cerium compoundses into Iraq soared to 1.2 tons, with an increase of 73% compared with 2021. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 421%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, cerium compounds imports contracted markedly to $1.5K in 2022. Overall, imports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 259%.
| Import of Cerium Compounds in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.3 | 1.1 | 1.2 | 1.5 | 71.0% |
| Others | N/A | N/A | 0.7 | N/A | 0% |
| Total | 0.3 | 1.1 | 1.9 | 1.5 | 71.0% |
Top Suppliers of Cerium Compounds to Iraq in 2022:
- India (1.2 tons)
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This report provides an in-depth analysis of the market for compounds of rare-earth metals in Iraq.
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