Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iraq - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iraq (CIF) - 2022
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iraq
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iraq (CIF) - 2022
The average import price for fertilizers, mineral or chemical stood at $481 per ton in 2022, with an increase of 47% against the previous year. Overall, the import price showed perceptible growth. The pace of growth was the most pronounced in 2016 an increase of 340%. The import price peaked at $1,177 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Iran.
From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +4.0% per year.
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iraq
Imports of fertilizers, mineral or chemical into Iraq declined sharply to 67 tons in 2022, dropping by -18.7% compared with the previous year's figure. Over the period under review, imports faced a abrupt descent. The smallest decline of -4.6% was in 2020.
In value terms, imports of fertilizers, mineral or chemical surged to $32K in 2022. In general, imports saw a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 24%.
Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 11.0 | 4.8 | 27.0 | 32.2 | 43.0% |
Saudi Arabia | 54.7 | N/A | N/A | N/A | 0% |
Egypt | N/A | 16.9 | N/A | N/A | 0% |
Others | 8.0 | N/A | N/A | N/A | 0% |
Total | 73.7 | 21.7 | 27.0 | 32.2 | -24.1% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Iraq in 2022:
- Iran (67.0 tons)
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