Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Iraq - 2022

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Iraq (CIF) - 2022
  2. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Iraq

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Iraq (CIF) - 2022

In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $2,677 per ton, flattening at the previous year. In general, the import price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 49%. The import price peaked at $3,531 per ton in 2012; however, from 2013 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 Iran.

From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to -2.2% per year.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Iraq

Imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms into Iraq fell to 834 tons in 2022, declining by -12.3% compared with 2021. Overall, imports saw a pronounced decrease. The pace of growth was the most pronounced in 2021 with an increase of 21%.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms declined to $2.2M in 2022. Over the period under review, imports continue to indicate a slight setback. The pace of growth appeared the most rapid in 2021 with an increase of 81%. As a result, imports attained the peak of $2.5M, and then dropped in the following year.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran2.21.42.42.20.0%
Others0.1N/A0.10.10.0%
Total2.31.42.52.2-1.5%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Iraq in 2022:

  1. Iran (824.4 tons)

Source: IndexBox Market Intelligence Platform

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