Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iraq - 2022

Contents:

1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iraq (CIF) - 2022
2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iraq (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iraq
4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iraq

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iraq (CIF) - 2022

The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $5,231 per ton in 2022, increasing by 5.4% against the previous year. In general, the import price posted a prominent expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 81%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($6,512 per ton), while the price for Saudi Arabia ($1,117 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iraq (FOB) - 2022

The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $3,340 per ton in 2022, surging by 4.5% against the previous year. In general, the export price, however, recorded a slight decrease. The pace of growth was the most pronounced in 2013 an increase of 23% against the previous year. As a result, the export price attained the peak level of $4,558 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($23,231 per ton), while the average price for exports to Iran stood at $2,607 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (-3.4%).

Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iraq

In 2022, approx. 3K tons of iron or steel cast fittings, other than of non-malleable cast ira were imported into Iraq; increasing by 41% compared with 2021 figures. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.2% 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 -20.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 55%. As a result, imports attained the peak of 3.8K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira skyrocketed to $16M in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 121% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Iraq in 2022:

1. China (1247.6 tons)
2. Turkey (644.9 tons)
3. United Arab Emirates (374.8 tons)
4. Iran (193.0 tons)
5. Saudi Arabia (152.9 tons)
6. Thailand (133.9 tons)
7. France (131.4 tons)
8. United Kingdom (1.2 tons)

Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Iraq

In 2022, shipments abroad of iron or steel cast fittings, other than of non-malleable cast ira decreased by -75.5% to 368 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports faced a dramatic shrinkage. The growth pace was the most rapid in 2020 with an increase of 48% against the previous year.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira fell notably to $1.2K in 2022. Over the period under review, exports showed a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 76% against the previous year.

Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Iraq in 2022:

1. Iran (354.0 kg)
2. Angola (13.0 kg)

Source: IndexBox Market Intelligence Platform