Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Iraq - 2022
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Iraq (CIF) - 2022
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Iraq
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Iraq (CIF) - 2022
In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $6,906 per ton, growing by 56% against the previous year. In general, the import price enjoyed a tangible increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 167% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($20,481 per ton), while the price for China totaled $5,733 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+364.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Iraq
In 2022, supplies from abroad of edible products of animal origin; not elsewhere specified or includeds decreased by -50.8% to 29 tons, falling for the second year in a row after two years of growth. In general, imports saw a mild downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 906% against the previous year. As a result, imports attained the peak of 301 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds reduced dramatically to $198K in 2022. Overall, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 201% against the previous year. As a result, imports attained the peak of $497K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 159 | 254 | 257 | 152 | -1.5% |
| United Arab Emirates | N/A | 225 | N/A | 45.0 | -55.3% |
| Iran | 3.1 | 14.0 | 0.3 | N/A | -68.9% |
| Others | 2.6 | 3.5 | N/A | 1.2 | -22.7% |
| Total | 165 | 497 | 257 | 198 | 6.3% |
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Iraq in 2022:
- China (26.5 tons)
- United Arab Emirates (2.2 tons)
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