Price for Steel, Stainless; Ingots and Other Primary Forms in Iraq - 2022
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Iraq (CIF) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Iraq
Price for Steel, Stainless; Ingots and Other Primary Forms in Iraq (CIF) - 2022
The average import price for steel, stainless; ingots and other primary formses stood at $1,400 per ton in 2022, shrinking by -50.3% against the previous year. Over the period under review, the import price recorded a sharp decline. The most prominent rate of growth was recorded in 2020 an increase of 58%. The import price peaked at $15,584 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 the United States ($5,047 per ton), while the price for the United Arab Emirates ($962 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 States (-13.7%), while the prices for the other major suppliers experienced a decline.
Imports of Steel, Stainless; Ingots and Other Primary Forms in Iraq
In 2022, overseas purchases of steel, stainless; ingots and other primary formses decreased by -19.5% to 1.8 tons, falling for the second year in a row after two years of growth. In general, imports saw a sharp contraction. The pace of growth was the most pronounced in 2020 when imports increased by 43%. As a result, imports reached the peak of 7.1 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of steel, stainless; ingots and other primary formses fell rapidly to $2.5K in 2022. Over the period under review, imports saw a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 127% against the previous year. As a result, imports attained the peak of $36K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Steel, Stainless; Ingots and Other Primary Forms in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 10.6 | 2.9 | 2.0 | 1.2 | -51.6% |
United States | 4.5 | 4.4 | 3.0 | 0.9 | -41.5% |
United Kingdom | 0.9 | 1.1 | 1.4 | 0.4 | -23.7% |
Japan | N/A | 27.9 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 16.0 | 36.3 | 6.4 | 2.5 | -46.1% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Iraq in 2022:
- United Arab Emirates (1288.0 kg)
- United Kingdom (361.0 kg)
- United States (172.0 kg)
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Iraq.
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Iraq.
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Iraq.
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
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