Price for Metals; Silver, Unwrought, (But Not Powder) in Iraq - 2022

Contents:

  1. Price for Metals; Silver, Unwrought, (But Not Powder) in Iraq (FOB) - 2022
  2. Price for Metals; Silver, Unwrought, (But Not Powder) in Iraq (CIF) - 2022
  3. Exports of Metals; Silver, Unwrought, (But Not Powder) in Iraq
  4. Imports of Metals; Silver, Unwrought, (But Not Powder) in Iraq

Price for Metals; Silver, Unwrought, (But Not Powder) in Iraq (FOB) - 2022

In 2022, the average export price for metals; silver, unwrought, (but not powder) amounted to $711,007 per ton, dropping by -2.7% against the previous year. Overall, the export price showed a abrupt contraction. The pace of growth was the most pronounced in 2019 an increase of 49%. The export price peaked at $1,364,709 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($724,264 per ton), while the average price for exports to Turkey stood at $682,943 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+0.4%).

Price for Metals; Silver, Unwrought, (But Not Powder) in Iraq (CIF) - 2022

In 2022, the average import price for metals; silver, unwrought, (but not powder) amounted to $631,734 per ton, dropping by -20.4% against the previous year. Over the period under review, the import price continues to indicate a slight slump. The growth pace was the most rapid in 2021 when the average import price increased by 30% against the previous year. As a result, import price reached the peak level of $793,450 per ton, and then dropped remarkably in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($659,913 per ton), while the price for Turkey amounted to $623,304 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-0.1%).

Exports of Metals; Silver, Unwrought, (But Not Powder) in Iraq

In 2022, shipments abroad of metals; silver, unwrought, (but not powder) decreased by -25.7% to 4.2 tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded a measured increase. The most prominent rate of growth was recorded in 2020 with an increase of 87% against the previous year. As a result, the exports reached the peak of 7.1 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of metals; silver, unwrought, (but not powder) fell rapidly to $3M in 2022. Over the period under review, exports, however, posted a tangible increase. The pace of growth appeared the most rapid in 2020 when exports increased by 91%. As a result, the exports reached the peak of $5.2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Metals; Silver, Unwrought, (But Not Powder) in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.31.32.92.191.3%
Turkey2.44.01.30.9-27.9%
OthersN/AN/AN/AN/A0%
Total2.75.24.13.03.6%

Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Iraq in 2022:

  1. United Arab Emirates (2.8 tons)
  2. Turkey (1.3 tons)

Imports of Metals; Silver, Unwrought, (But Not Powder) in Iraq

In 2022, purchases abroad of metals; silver, unwrought, (but not powder) was finally on the rise to reach 747 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt slump.

In value terms, imports of metals; silver, unwrought, (but not powder) surged to $472K in 2022. Overall, imports, however, saw a abrupt curtailment.

Import of Metals; Silver, Unwrought, (But Not Powder) in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey47713960.1358-9.1%
United Arab Emirates14963.419.2114-8.5%
OthersN/AN/AN/AN/A0%
Total62620279.3472-9.0%

Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Iraq in 2022:

  1. Turkey (575.0 kg)
  2. United Arab Emirates (172.0 kg)

Source: IndexBox Market Intelligence Platform

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