Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iraq - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iraq (CIF) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iraq
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iraq (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $754 per ton, rising by 11% against the previous year. In general, the import price enjoyed temperate growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 98%. Over the period under review, average import prices attained the maximum at $1,357 per ton in 2018; however, from 2019 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 Jordan ($1,370 per ton), while the price for Iran ($426 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (-0.6%).
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iraq
After three years of growth, supplies from abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by -32.7% to 368 tons in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 189%. As a result, imports reached the peak of 547 tons, and then shrank markedly in the following year.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses reduced dramatically to $277K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 105%. As a result, imports attained the peak of $373K, and then declined dramatically in the following year.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | N/A | N/A | N/A | 148 | 0% |
| Iran | 127 | 180 | 222 | 106 | -5.8% |
| Saudi Arabia | N/A | N/A | 135 | N/A | 0% |
| Others | 0.1 | 2.0 | 16.0 | 23.3 | 515.3% |
| Total | 127 | 182 | 373 | 277 | 29.7% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Iraq in 2022:
- Iran (247.8 tons)
- Jordan (108.4 tons)
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