Price for Protein; Concentrates and Textured Protein Substances in Iraq - 2022
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Iraq (CIF) - 2022
- Price for Protein; Concentrates and Textured Protein Substances in Iraq (FOB) - 2022
- Imports of Protein; Concentrates and Textured Protein Substances in Iraq
- Exports of Protein; Concentrates and Textured Protein Substances in Iraq
Price for Protein; Concentrates and Textured Protein Substances in Iraq (CIF) - 2022
In 2022, the average import price for protein; concentrates and textured protein substanceses amounted to $1,971 per ton, reducing by -4.9% against the previous year. Over the period under review, the import price showed a perceptible slump. The most prominent rate of growth was recorded in 2015 an increase of 22% against the previous year. Over the period under review, average import prices hit record highs at $2,564 per ton in 2012; however, from 2013 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 Turkey ($2,026 per ton), while the price for Argentina ($820 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in Iraq (FOB) - 2022
The average export price for protein; concentrates and textured protein substanceses stood at $4,861 per ton in 2022, rising by 25% against the previous year. Overall, the export price, however, showed a noticeable decrease. The export price peaked at $12,787 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, 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 -4.5% per year.
Imports of Protein; Concentrates and Textured Protein Substances in Iraq
In 2022, the amount of protein; concentrates and textured protein substanceses imported into Iraq shrank to 4.4K tons, dropping by -5.5% on 2021 figures. Overall, imports saw a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 7.6%. As a result, imports reached the peak of 4.7K tons, and then declined in the following year.
In value terms, imports of protein; concentrates and textured protein substanceses reduced to $8.8M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of $9.7M, and then fell in the following year.
| Import of Protein; Concentrates and Textured Protein Substances in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 2,371 | 1,325 | 2,993 | 2,998 | 8.1% |
| Argentina | 278 | 311 | 359 | 430 | 15.6% |
| Turkey | 251 | 347 | 384 | 423 | 19.0% |
| United Arab Emirates | 2,570 | 2,122 | 1,560 | 385 | -46.9% |
| Jordan | 379 | 65.8 | 146 | 183 | -21.5% |
| India | 193 | 176 | 72.5 | 177 | -2.8% |
| Brazil | N/A | N/A | 172 | 115 | -33.1% |
| Others | 2,122 | 3,423 | 4,061 | 4,049 | 24.0% |
| Total | 8,164 | 7,770 | 9,748 | 8,759 | 2.4% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Iraq in 2022:
- Iran (2766.2 tons)
- Argentina (524.3 tons)
- Turkey (208.9 tons)
- Jordan (197.7 tons)
- United Arab Emirates (193.0 tons)
- India (145.0 tons)
- Brazil (97.6 tons)
Exports of Protein; Concentrates and Textured Protein Substances in Iraq
In 2022, overseas shipments of protein; concentrates and textured protein substanceses decreased by -19% to 2 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 453% against the previous year.
In value terms, exports of protein; concentrates and textured protein substanceses stood at $9.5K in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 178%. As a result, the exports attained the peak of $9.7K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Protein; Concentrates and Textured Protein Substances in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 3.5 | 9.6 | 9.3 | 9.5 | 39.5% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 3.5 | 9.7 | 9.4 | 9.5 | 39.5% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from Iraq in 2022:
- Turkey (1959.0 kg)
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