Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Iraq - 2022

Contents:

  1. Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Iraq (CIF) - 2022
  2. Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Iraq

Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Iraq (CIF) - 2022

In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $3,183 per ton, jumping by 19% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 40% against the previous year. Over the period under review, average import prices attained the maximum at $3,834 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,419 per ton), while the price for Lebanon ($484 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+39.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Iraq

In 2022, imports of colouring matter; pigments and preparations based on chromium compoundses into Iraq shrank remarkably to 67 tons, which is down by -59.6% against 2021. Overall, imports, however, recorded a notable increase. The pace of growth was the most pronounced in 2021 when imports increased by 195%. As a result, imports attained the peak of 166 tons, and then fell dramatically in the following year.

In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses declined rapidly to $213K in 2022. In general, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 163%. As a result, imports attained the peak of $443K, and then dropped markedly in the following year.

Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India146106351132-3.3%
IndonesiaN/A49.755.159.99.8%
United Arab Emirates68.7N/AN/A10.0-47.4%
China6.08.76.16.52.7%
LebanonN/AN/A23.14.5-80.5%
Turkey7.63.97.1N/A-3.3%
OthersN/AN/AN/AN/A0%
Total229169443213-2.4%

Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Iraq in 2022:

  1. India (37.0 tons)
  2. Indonesia (18.5 tons)
  3. Lebanon (9.3 tons)
  4. China (1.5 tons)
  5. United Arab Emirates (0.8 tons)

Source: IndexBox Market Intelligence Platform

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