Coin Price in Iraq - 2022

Coin Price in Iraq (FOB) - 2022

The average coin export price stood at $66,183 per ton in 2022, with an increase of 3.7% against the previous year. In general, the export price posted perceptible growth. The pace of growth was the most pronounced in 2015 an increase of 44%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +4.1% per year.

Coin Price in Iraq (CIF) - 2022

The average coin import price stood at $182,920 per ton in 2022, reducing by -23.6% against the previous year. Overall, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by 86%. Over the period under review, average import prices attained the maximum at $1,012,500 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +84.2% per year.

Coin Exports in Iraq

For the third year in a row, Iraq recorded decline in overseas shipments of coins, which decreased by -22.8% to 71 kg in 2022. In general, exports recorded a precipitous slump.

In value terms, coin exports declined remarkably to $4.7K in 2022. Overall, exports continue to indicate a sharp setback.

Export of Coin in Iraq (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	25.2	15.0	5.5	4.5	-43.7%
Others	0.2	0.6	0.4	0.1	-20.6%
Total	25.4	15.6	5.9	4.7	-43.0%

Top Export Markets for Coin from Iraq in 2022:

Japan (69.0 kg)

Coin Imports in Iraq

For the fourth year in a row, Iraq recorded growth in purchases abroad of coins, which increased by 32% to 25 kg in 2022. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 138% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, coin imports reached $4.6K in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 227%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.