Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Iraq - 2022

Contents:

  1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Iraq (CIF) - 2022
  2. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Iraq

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Iraq (CIF) - 2022

In 2022, the average import price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $1.8 per unit, waning by -17.4% against the previous year. Over the period under review, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2015 an increase of 44% against the previous year. As a result, import price attained the peak level of $4.6 per unit. From 2016 to 2022, the average 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 Turkey ($2.1 per unit), while the price for India ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+11.5%), while the prices for the other major suppliers experienced a decline.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Iraq

In 2022, approx. 21K units of millstones, grindstones, grinding wheels and the like; of natural stones were imported into Iraq; picking up by 29% on the previous year's figure. In general, imports, however, recorded a sharp setback. Imports peaked at 50K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones rose sharply to $38K in 2022. Over the period under review, imports, however, showed a dramatic downturn. Imports peaked at $105K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey65.219.919.927.5-25.0%
China3.322.35.66.525.4%
United Arab Emirates2.70.32.22.3-5.2%
Iran1.91.93.32.01.7%
Spain32.0N/AN/AN/A0%
Others0.20.25.10.20.0%
Total10544.636.138.5-28.4%

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Iraq in 2022:

  1. Turkey (13.2K units)
  2. China (3.9K units)
  3. Iran (1.9K units)
  4. United Arab Emirates (1.7K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Millstones, grindstones, grinding wheels and the like; of natural stone - Iraq