Price for Liquid Elevators; Parts Thereof in Iraq - 2022

Contents:

1. Price for Liquid Elevators; Parts Thereof in Iraq (CIF) - 2022
2. Price for Liquid Elevators; Parts Thereof in Iraq (FOB) - 2022
3. Imports of Liquid Elevators; Parts Thereof in Iraq
4. Exports of Liquid Elevators; Parts Thereof in Iraq

Price for Liquid Elevators; Parts Thereof in Iraq (CIF) - 2022

The average liquid elevators; parts thereof import price stood at $12,399 per ton in 2022, waning by -37.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 95% against the previous year. Over the period under review, average import prices attained the peak figure at $22,971 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 ($26,419 per ton), while the price for China ($1,873 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Liquid Elevators; Parts Thereof in Iraq (FOB) - 2022

In 2022, the average liquid elevators; parts thereof export price amounted to $37,087 per ton, shrinking by -12.3% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, liquid elevators; parts thereof export price increased by +71.7% against 2012 indices. The growth pace was the most rapid in 2021 an increase of 24% against the previous year. As a result, the export price attained the peak level of $42,307 per ton, and then fell in the following year.

As there is only one major export destination, 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 +5.6% per year.

Imports of Liquid Elevators; Parts Thereof in Iraq

For the fourth consecutive year, Iraq recorded growth in supplies from abroad of liquid elevators; parts thereoves, which increased by 393% to 177 tons in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquid elevators; parts thereof imports soared to $2M in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Liquid Elevators; Parts Thereof to Iraq in 2022:

1. Netherlands (143.3 tons)
2. China (12.2 tons)
3. Turkey (6.9 tons)
4. Iran (4.7 tons)
5. Italy (4.5 tons)
6. United Arab Emirates (3.1 tons)

Exports of Liquid Elevators; Parts Thereof in Iraq

In 2022, shipments abroad of liquid elevators; parts thereoves decreased by -36.8% to 344 kg, falling for the second consecutive year after two years of growth. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 429% against the previous year. As a result, the exports reached the peak of 746 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, liquid elevators; parts thereof exports fell notably to $13K in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 346%. As a result, the exports attained the peak of $25K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Liquid Elevators; Parts Thereof from Iraq in 2022:

1. Iran (344.0 kg)

Source: IndexBox Market Intelligence Platform