Price for Hydrogen, Rare Gases and Other Non-Metals in Iraq - 2022
Contents:
- Price for Hydrogen, Rare Gases and Other Non-Metals in Iraq (CIF) - 2022
- Price for Hydrogen, Rare Gases and Other Non-Metals in Iraq (FOB) - 2022
- Imports of Hydrogen, Rare Gases and Other Non-Metals in Iraq
- Exports of Hydrogen, Rare Gases and Other Non-Metals in Iraq
Price for Hydrogen, Rare Gases and Other Non-Metals in Iraq (CIF) - 2022
In 2022, the average import price for hydrogen, rare gases and other non-metalses amounted to $0.4 per cubic meter, with an increase of 35% against the previous year. Over the period under review, the import price, however, showed a noticeable reduction. The growth pace was the most rapid in 2019 an increase of 43%. The import price peaked at $0.6 per cubic meter in 2013; however, from 2014 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 the United Arab Emirates ($6.9 per cubic meter), while the price for Kuwait ($0.1 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced a decline.
Price for Hydrogen, Rare Gases and Other Non-Metals in Iraq (FOB) - 2022
In 2022, the average export price for hydrogen, rare gases and other non-metalses amounted to $0.2 per cubic meter, rising by 64% against the previous year. Over the period under review, the export price, however, recorded a abrupt descent. The export price peaked at $1.2 per cubic meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -13.7% per year.
Imports of Hydrogen, Rare Gases and Other Non-Metals in Iraq
After three years of growth, purchases abroad of hydrogen, rare gases and other non-metalses decreased by -18.1% to 14M cubic meters in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 51% against the previous year. Over the period under review, imports of attained the maximum at 17M cubic meters in 2021, and then contracted rapidly in the following year.
In value terms, imports of hydrogen, rare gases and other non-metalses expanded remarkably to $6.1M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.5% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 80% against the previous year. As a result, imports reached the peak of $6.7M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Hydrogen, Rare Gases and Other Non-Metals in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,544 | 1,612 | 1,621 | 2,608 | 19.1% |
| Turkey | 876 | 2,535 | 2,928 | 1,619 | 22.7% |
| China | 67.4 | 750 | 104 | 728 | 121.0% |
| Iran | 40.9 | 57.5 | 66.9 | 459 | 123.9% |
| Kuwait | 717 | 286 | 26.8 | 30.9 | -64.9% |
| Others | 457 | 1,415 | 781 | 647 | 12.3% |
| Total | 3,702 | 6,655 | 5,528 | 6,091 | 18.1% |
Top Suppliers of Hydrogen, Rare Gases and Other Non-Metals to Iraq in 2022:
- Turkey (10.5M cubic meters)
- Iran (2.5M cubic meters)
- United Arab Emirates (0.4M cubic meters)
- China (0.3M cubic meters)
- Kuwait (0.3M cubic meters)
Exports of Hydrogen, Rare Gases and Other Non-Metals in Iraq
In 2022, exports of hydrogen, rare gases and other non-metalses from Iraq expanded remarkably to 24K cubic meters, growing by 14% on 2021 figures. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 148%. As a result, the exports attained the peak of 27K cubic meters. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of hydrogen, rare gases and other non-metalses surged to $5.4K in 2022. Over the period under review, exports recorded a resilient expansion. The exports peaked at $7.9K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Hydrogen, Rare Gases and Other Non-Metals in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 4.5 | 7.9 | 2.0 | 5.4 | 6.3% |
| United Arab Emirates | N/A | N/A | 0.9 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.5 | 7.9 | 2.9 | 5.4 | 6.3% |
Top Export Markets for Hydrogen, Rare Gases and Other Non-Metals from Iraq in 2022:
- Turkey (23.9K cubic meters)
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