Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Iraq - 2022

Contents:

  1. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Iraq (CIF) - 2022
  2. Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Iraq

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Iraq (CIF) - 2022

In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $7,276 per ton, picking up by 32% against the previous year. Overall, the import price continues to indicate a resilient expansion. The growth pace was the most rapid in 2013 when the average import price increased by 45%. Over the period under review, average import prices reached the peak figure at $7,601 per ton in 2015; however, from 2016 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 the United Arab Emirates ($35,703 per ton), while the price for India ($1,127 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+244.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Iraq

Imports of colouring matter; ultramarine and preparations based therea into Iraq skyrocketed to 32 tons in 2022, with an increase of 52% on the year before. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 446%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of colouring matter; ultramarine and preparations based therea skyrocketed to $230K in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 512%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey13.042.4101172136.5%
United Arab Emirates3.16.512.157.0163.9%
India1.01.10.91.26.3%
China1.463.4N/AN/A4428.6%
OthersN/AN/AN/AN/A0%
Total18.5113114230131.7%

Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Iraq in 2022:

  1. Turkey (29.1 tons)
  2. United Arab Emirates (1.6 tons)
  3. India (1.0 tons)

Source: IndexBox Market Intelligence Platform

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