Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Iraq - 2022
Contents:
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Iraq (CIF) - 2022
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Iraq (FOB) - 2022
- Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Iraq
- Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Iraq
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Iraq (CIF) - 2022
The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $164,060 per ton in 2022, falling by -6.3% against the previous year. In general, the import price saw a pronounced downturn. The pace of growth was the most pronounced in 2014 an increase of 81% against the previous year. The import price peaked at $370,851 per ton in 2018; however, from 2019 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 ($1,200,839 per ton), while the price for the United Arab Emirates ($37,254 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+40.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Iraq (FOB) - 2022
In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $96,174 per ton, growing by 44% against the previous year. Over the period under review, the export price saw a significant increase. The pace of growth was the most pronounced in 2021 an increase of 240% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($117,600 per ton), while the average price for exports to Luxembourg ($84,750 per ton) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+1,268.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Iraq
Imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves into Iraq rose slightly to 535 kg in 2022, picking up by 1.9% on the previous year's figure. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 202%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves fell slightly to $88K in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 77%. As a result, imports attained the peak of $92K, and then fell in the following year.
| Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.6 | 5.9 | 10.7 | 37.2 | 142.8% |
| Turkey | 64.6 | 31.8 | 25.7 | 28.9 | -23.5% |
| United Arab Emirates | N/A | 4.8 | N/A | 14.7 | 75.0% |
| Switzerland | 3.1 | 5.7 | 18.4 | 2.4 | -8.2% |
| India | N/A | N/A | 2.5 | 0.4 | -84.0% |
| China | N/A | N/A | 14.9 | N/A | 0% |
| Others | 5.3 | 3.6 | 19.7 | 4.1 | -8.2% |
| Total | 75.6 | 51.8 | 91.9 | 87.8 | 5.1% |
Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to Iraq in 2022:
- United Arab Emirates (394.0 kg)
- Turkey (89.0 kg)
- United States (31.0 kg)
- India (11.0 kg)
- Switzerland (2.0 kg)
Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Iraq
Exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves from Iraq fell markedly to 23 kg in 2022, waning by -41% on 2021 figures. Overall, exports saw a dramatic slump.
In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves shrank to $2.2K in 2022. Over the period under review, exports faced a sharp setback.
| Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Iraq (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Sweden | N/A | 0.5 | 1.3 | 160.0% |
| Thailand | N/A | N/A | 0.6 | 0% |
| Luxembourg | N/A | N/A | 0.3 | 0% |
| Kuwait | 14.2 | 0.3 | N/A | -97.9% |
| Denmark | N/A | N/A | N/A | 0% |
| Bahrain | N/A | 1.8 | N/A | 0% |
| Others | N/A | 0.1 | N/A | 0% |
| Total | 14.2 | 2.6 | 2.2 | -60.6% |
Top Export Markets for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of from Iraq in 2022:
- Sweden (14.0 kg)
- Thailand (5.0 kg)
- Luxembourg (4.0 kg)
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