Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Iraq - 2022
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Iraq (CIF) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Iraq
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Iraq (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $8,344 per ton, picking up by 21% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 107%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($9,460 per ton), while the price for China ($5,429 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 (+28.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Iraq
In 2022, purchases abroad of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses was finally on the rise to reach 14 tons after two years of decline. In general, imports, however, continue to indicate a abrupt decrease.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses skyrocketed to $116K in 2022. Overall, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.4 | 21.8 | 27.1 | 93.4 | 305.6% |
| Turkey | 42.9 | 5.1 | 12.5 | 14.5 | -30.3% |
| China | 33.4 | 22.6 | N/A | 8.2 | -37.4% |
| Iran | N/A | 5.9 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 77.7 | 55.4 | 39.7 | 116 | 14.3% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Iraq in 2022:
- United Arab Emirates (9.9 tons)
- Turkey (2.5 tons)
- China (1.5 tons)
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