Price for Flours and Meals; of Soya Beans in Iraq - 2022
Contents:
- Price for Flours and Meals; of Soya Beans in Iraq (CIF) - 2022
- Imports of Flours and Meals; of Soya Beans in Iraq
Price for Flours and Meals; of Soya Beans in Iraq (CIF) - 2022
In 2022, the average import price for flours and meals; of soya beanses amounted to $1,100 per ton, remaining constant against the previous year. Overall, the import price, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2016 an increase of 53% against the previous year. Over the period under review, average import prices reached the peak figure at $2,313 per ton in 2017; however, from 2018 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 ($2,152 per ton), while the price for Iran ($979 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Flours and Meals; of Soya Beans in Iraq
Imports of flours and meals; of soya beanses into Iraq reduced sharply to 63 tons in 2022, waning by -48% on 2021. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 2,353%. As a result, imports reached the peak of 121 tons, and then declined notably in the following year.
In value terms, imports of flours and meals; of soya beanses reduced notably to $69K in 2022. Over the period under review, imports saw a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 2,917% against the previous year. As a result, imports attained the peak of $134K, and then declined notably in the following year.
| Import of Flours and Meals; of Soya Beans in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 8.5 | 1.4 | 97.7 | 49.8 | 80.3% |
| Iran | 77.0 | 2.7 | 31.3 | 16.0 | -40.8% |
| United Arab Emirates | 2.4 | 0.3 | 4.9 | 3.4 | 12.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 87.9 | 4.4 | 134 | 69.2 | -7.7% |
Top Suppliers of Flours and Meals; of Soya Beans to Iraq in 2022:
- Turkey (45.0 tons)
- Iran (16.4 tons)
- United Arab Emirates (1.6 tons)
433
Global Oilseeds Meals Market Report 2018. This report provides an in-depth analysis of the global oilseeds meals market.
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Global Oilseeds Meals Market Report 2018. This report provides an in-depth analysis of the global oilseeds meals market.
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