Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Iraq - 2022
Contents:
- Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Iraq (FOB) - 2022
- Exports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Iraq
Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Iraq (FOB) - 2022
The average export price for residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $307 per ton in 2022, approximately equating the previous year. In general, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by 15%. Over the period under review, the average export prices attained the maximum at $608 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Iran.
From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to -2.8% per year.
Exports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Iraq
After two years of decline, overseas shipments of residues; of petroleum oils or of oils obtained from bituminous mineralses decreased by 0% to 451 tons in 2022. In general, exports continue to indicate a abrupt setback. The smallest decline of -48.4% was in 2020.
In value terms, exports of residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $138K in 2022. Overall, exports saw a abrupt curtailment. The smallest decline of -48.7% was in 2020.
| Export of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 269 | 138 | 138 | 138 | -19.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 269 | 138 | 138 | 138 | -19.9% |
Top Export Markets for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals from Iraq in 2022:
- Iran (450.7 tons)
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