Price for Pectic Substances; Pectinates and Pectates in Iraq - 2022
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Iraq (CIF) - 2022
- Imports of Pectic Substances; Pectinates and Pectates in Iraq
Price for Pectic Substances; Pectinates and Pectates in Iraq (CIF) - 2022
In 2022, the average import price for pectic substances; pectinates and pectateses amounted to $9,163 per ton, dropping by -45.3% against the previous year. In general, the import price, however, saw tangible growth. The most prominent rate of growth was recorded in 2015 an increase of 71%. The import price peaked at $18,377 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Jordan ($44,224 per ton), while the price for the United Arab Emirates ($2,971 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+94.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Pectic Substances; Pectinates and Pectates in Iraq
In 2022, imports of pectic substances; pectinates and pectateses into Iraq skyrocketed to 5.2 tons, with an increase of 69% on 2021 figures. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, pectic substances; pectinates and pectates imports shrank to $48K in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports attained the peak of $52K, and then dropped in the following year.
| Import of Pectic Substances; Pectinates and Pectates in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 19.9 | 0% |
| Turkey | 14.4 | 26.6 | 22.5 | 10.7 | -9.4% |
| Spain | N/A | N/A | N/A | 5.8 | 0% |
| United Arab Emirates | 24.1 | 2.1 | 5.5 | 5.2 | -40.0% |
| Lebanon | N/A | N/A | N/A | 4.1 | 0% |
| Jordan | 4.5 | 4.5 | 4.5 | 2.2 | -21.2% |
| Egypt | N/A | N/A | 15.2 | N/A | 0% |
| Saudi Arabia | N/A | 10.7 | 4.3 | N/A | -59.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 43.1 | 44.0 | 52.0 | 48.0 | 3.7% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Iraq in 2022:
- China (2186.0 kg)
- United Arab Emirates (1755.0 kg)
- Turkey (590.0 kg)
- Spain (437.0 kg)
- Lebanon (219.0 kg)
- Jordan (49.0 kg)
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