Price for Phosphates; N.E.S in Item No. 2835.2 in Iraq - 2022

Contents:

  1. Price for Phosphates; N.E.S in Item No. 2835.2 in Iraq (CIF) - 2022
  2. Imports of Phosphates; N.E.S in Item No. 2835.2 in Iraq

Price for Phosphates; N.E.S in Item No. 2835.2 in Iraq (CIF) - 2022

In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $2,017 per ton, reducing by -4% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of 45% against the previous year. The import price peaked at $2,257 per ton in 2019; however, from 2020 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 France ($4,278 per ton), while the price for China ($808 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Phosphates; N.E.S in Item No. 2835.2 in Iraq

In 2022, overseas purchases of phosphates; n.e.s in item no. 2835.2s decreased by -9.9% to 118 tons, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. As a result, imports attained the peak of 397 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of phosphates; n.e.s in item no. 2835.2s contracted to $263K in 2022. Overall, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 93%. As a result, imports attained the peak of $882K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Phosphates; N.E.S in Item No. 2835.2 in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France24858011293.8-27.7%
Iran66.211266.674.74.1%
Germany96.812657.749.8-19.9%
United Arab Emirates15.28.013.723.716.0%
China9.117.67.211.78.7%
Turkey19.237.324.37.6-26.6%
Others3.00.21.91.3-24.3%
Total457882284263-16.8%

Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Iraq in 2022:

  1. Iran (38.4 tons)
  2. Germany (31.6 tons)
  3. France (21.9 tons)
  4. China (14.5 tons)
  5. United Arab Emirates (9.1 tons)
  6. Turkey (1.9 tons)

Source: IndexBox Market Intelligence Platform

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