Price for Styrene Polymers; Waste, Parings and Scrap in Iraq - 2022

Price for Styrene Polymers; Waste, Parings and Scrap in Iraq (FOB) - 2022

The average export price for styrene polymers; waste, parings and scraps stood at $187 per ton in 2022, rising by 21% against the previous year. Over the period under review, the export price, however, saw a abrupt setback. The export price peaked at $278 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2019 to 2022, the rate of growth in terms of prices for Turkey amounted to -12.4% per year.

Exports of Styrene Polymers; Waste, Parings and Scrap in Iraq

In 2022, approx. 923 tons of styrene polymers; waste, parings and scraps were exported from Iraq; with an increase of 26% on the previous year's figure. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 158%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of styrene polymers; waste, parings and scraps surged to $172K in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 66%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.