Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Iraq - 2022
Contents:
- Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Iraq (CIF) - 2022
- Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Iraq
Price for Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Iraq (CIF) - 2022
In 2022, the average import price for refined cane or beet sugar (with added flavoring or coloring matter) amounted to $1,092 per ton, surging by 1.5% against the previous year. In general, the import price continues to indicate a perceptible increase. The growth pace was the most rapid in 2014 an increase of 88%. The import price peaked at $1,936 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Egypt ($1,672 per ton), while the price for Iran ($768 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.0%), while the prices for the other major suppliers experienced a decline.
Imports of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Iraq
In 2022, purchases abroad of refined cane or beet sugar (with added flavoring or coloring matter) was finally on the rise to reach 360 tons after two years of decline. Overall, imports, however, showed a noticeable decline.
In value terms, imports of refined cane or beet sugar (with added flavoring or coloring matter) soared to $393K in 2022. In general, imports, however, continue to indicate a deep contraction.
| Import of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 109 | 239 | 142 | 151 | 11.5% |
| United Arab Emirates | 366 | 107 | 46.4 | 144 | -26.7% |
| Egypt | 90.9 | 72.9 | 59.7 | 52.3 | -16.8% |
| United States | 8.6 | 18.5 | 27.0 | 31.4 | 54.0% |
| Turkey | 20.2 | 29.4 | 21.0 | 14.7 | -10.1% |
| Others | 0.4 | N/A | 21.8 | N/A | 638.2% |
| Total | 595 | 467 | 318 | 393 | -12.9% |
Top Suppliers of Refined Cane or Beet Sugar (with Added Flavoring or Coloring Matter) to Iraq in 2022:
- Iran (196.2 tons)
- United Arab Emirates (103.0 tons)
- Egypt (31.3 tons)
- United States (19.2 tons)
- Turkey (9.9 tons)
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