Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iraq - 2022
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iraq (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iraq (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iraq
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iraq
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iraq (CIF) - 2022
In 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,738 per ton, picking up by 1.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2013 when the average import price increased by 17%. The import price peaked at $3,354 per ton in 2015; however, from 2016 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 the United States ($5,524 per ton), while the price for Kuwait ($642 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 Arab Emirates (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iraq (FOB) - 2022
In 2022, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,436 per ton, falling by -12.4% against the previous year. Overall, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 74% against the previous year. The export price peaked at $13,700 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -8.8% per year.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iraq
In 2022, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) into Iraq fell to 6K tons, waning by -13.1% on 2021. In general, imports showed a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of 7K tons, and then reduced in the following year.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) contracted to $17M in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of $19M, and then dropped in the following year.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2.1 | 2.9 | 3.9 | 3.5 | 18.6% |
| United States | 4.1 | 3.0 | 3.3 | 3.2 | -7.9% |
| Italy | 1.7 | 2.1 | 3.0 | 1.8 | 1.9% |
| China | 1.3 | 1.3 | 1.7 | 1.8 | 11.5% |
| United Arab Emirates | 0.1 | 0.2 | 0.5 | 0.9 | 108.0% |
| Taiwan (Chinese) | 0.7 | 0.6 | 0.4 | 0.5 | -10.6% |
| Jordan | 0.6 | 0.4 | 0.6 | 0.5 | -5.9% |
| Kuwait | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 4.4 | 3.8 | 5.0 | 4.1 | -2.3% |
| Total | 15.2 | 14.4 | 18.7 | 16.6 | 3.0% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Iraq in 2022:
- Turkey (1579.7 tons)
- Italy (927.9 tons)
- United States (575.1 tons)
- China (562.6 tons)
- Jordan (289.3 tons)
- United Arab Emirates (236.9 tons)
- Kuwait (198.0 tons)
- Taiwan (Chinese) (174.2 tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iraq
In 2022, shipments abroad of adhesives; prepared, based on rubber or plastics (including artificial resins) decreased by -4.3% to 5 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 10%.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) shrank dramatically to $12K in 2022. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 92%.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2.5 | 9.9 | 4.0 | 11.9 | 68.2% |
| Iran | 2.6 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 10.6 | N/A | 0% |
| Others | N/A | N/A | N/A | 0.3 | 0% |
| Total | 5.1 | 9.9 | 14.6 | 12.2 | 33.7% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Iraq in 2022:
- Turkey (5.0 tons)
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