Price for Carbides, Whether or Not Chemically Defined in Iraq - 2022
Contents:
- Price for Carbides, Whether or Not Chemically Defined in Iraq (CIF) - 2022
- Imports of Carbides, Whether or Not Chemically Defined in Iraq
Price for Carbides, Whether or Not Chemically Defined in Iraq (CIF) - 2022
The average import price for carbides, whether or not chemically defineds stood at $1,179 per ton in 2022, with an increase of 46% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for carbides, whether or not chemically defineds increased by +126.4% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($1,809 per ton), while the price for China ($1,079 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Carbides, Whether or Not Chemically Defined in Iraq
In 2022, supplies from abroad of carbides, whether or not chemically defineds decreased by -86.3% to 251 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 117% against the previous year.
In value terms, imports of carbides, whether or not chemically defineds shrank markedly to $296K in 2022. In general, imports saw a deep setback. The growth pace was the most rapid in 2020 with an increase of 203%.
| Import of Carbides, Whether or Not Chemically Defined in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 254 | 360 | 298 | 233 | -2.8% |
| United Kingdom | 18.9 | 23.0 | 9.2 | 58.8 | 46.0% |
| Turkey | 16.2 | 38.4 | 13.8 | 0.3 | -73.5% |
| Iran | 69.3 | 634 | 1,155 | N/A | 308.2% |
| Others | 3.3 | 38.2 | 0.4 | 4.4 | 10.1% |
| Total | 361 | 1,094 | 1,477 | 296 | -6.4% |
Top Suppliers of Carbides, Whether or Not Chemically Defined to Iraq in 2022:
- China (215.7 tons)
- United Kingdom (32.5 tons)
- Turkey (0.2 tons)
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