Price for Flour, Meal, and Flakes of Potatoes in Iraq - 2022

Contents:

  1. Price for Flour, Meal, and Flakes of Potatoes in Iraq (CIF) - 2022
  2. Imports of Flour, Meal, and Flakes of Potatoes in Iraq

Price for Flour, Meal, and Flakes of Potatoes in Iraq (CIF) - 2022

The average import price for flour, meal, and flakes of potatoeses stood at $985 per ton in 2022, waning by -6.5% against the previous year. Over the period under review, the import price saw a slight curtailment. The pace of growth was the most pronounced in 2013 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $1,898 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($4,287 per ton), while the price for Indonesia ($184 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Flour, Meal, and Flakes of Potatoes in Iraq

In 2022, imports of flour, meal, and flakes of potatoeses into Iraq skyrocketed to 216 tons, picking up by 54% compared with 2021 figures. In general, imports showed mild growth.

In value terms, imports of flour, meal, and flakes of potatoeses surged to $213K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 58%. As a result, imports reached the peak of $278K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Flour, Meal, and Flakes of Potatoes in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States43.714.860.910232.6%
United Arab Emirates4.01.0N/A85.2177.2%
India80.696.7N/A10.4-49.5%
IndonesiaN/AN/AN/A6.90%
Turkey25.173.32.44.5-43.6%
LebanonN/A34.456.1N/A63.1%
Iran19.535.726.2N/A15.9%
Others3.322.42.23.73.9%
Total1762781482136.6%

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Iraq in 2022:

  1. United States (146.6 tons)
  2. Indonesia (37.7 tons)
  3. United Arab Emirates (21.1 tons)
  4. India (7.9 tons)
  5. Turkey (1.1 tons)

Source: IndexBox Market Intelligence Platform

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