Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Iraq - 2022

Contents:

  1. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Iraq (CIF) - 2022
  2. Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Iraq

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Iraq (CIF) - 2022

The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $4,805 per ton in 2022, falling by -19.6% against the previous year. Overall, the import price, however, recorded resilient growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 32%. As a result, import price attained the peak level of $5,974 per ton, and then declined notably in the following year.

As there is only one major supplying country, 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 +6.3% per year.

Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Iraq

In 2022, after three years of growth, there was significant decline in purchases abroad of magnesium; raspings, turnings and granules, graded according to size, powderses, when their volume decreased by -5% to 323 kg. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 398%.

In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses fell sharply to $1.6K in 2022. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 390%.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Iraq (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1831,1316901,488101.1%
FranceN/AN/A1,341N/A0%
Others48.0N/AN/A64.010.1%
Total2311,1312,0311,55288.7%

Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to Iraq in 2022:

  1. Turkey (322.0 kg)

Source: IndexBox Market Intelligence Platform

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