Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Iraq - 2022
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Iraq (CIF) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Iraq
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Iraq (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $2,478 per ton in 2022, which is down by -11.2% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses decreased by -20.2% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 42%. Over the period under review, average import prices attained the maximum at $3,471 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($15,688 per ton), while the price for China ($1,731 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 (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Iraq
Imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses into Iraq skyrocketed to 1.9K tons in 2022, increasing by 56% compared with the previous year. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses soared to $4.8M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,805 | 2,076 | 1,761 | 1,896 | 1.7% |
| Turkey | 810 | 611 | 976 | 1,112 | 11.1% |
| Spain | 27.2 | N/A | N/A | 462 | 157.1% |
| Poland | N/A | N/A | N/A | 160 | 0% |
| United Arab Emirates | 1,102 | 1,119 | 149 | 93.8 | -56.0% |
| Others | 708 | 437 | 548 | 1,035 | 13.5% |
| Total | 4,453 | 4,242 | 3,435 | 4,757 | 2.2% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Iraq in 2022:
- China (1095.4 tons)
- Turkey (459.4 tons)
- Spain (108.9 tons)
- Poland (46.7 tons)
- United Arab Emirates (6.0 tons)
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