Price for Tallow; Other than Those of Heading 1503 in Iraq - 2022
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Iraq (CIF) - 2022
- Imports of Tallow; Other than Those of Heading 1503 in Iraq
Price for Tallow; Other than Those of Heading 1503 in Iraq (CIF) - 2022
In 2022, the average import price for tallow; other than those of heading 1503s amounted to $1,355 per ton, growing by 24% against the previous year. Overall, the import price, however, saw a abrupt contraction. Over the period under review, average import prices hit record highs at $3,505 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Iran ($1,423 per ton), while the price for the United Arab Emirates totaled $919 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+25.9%), while the prices for the other major suppliers experienced a decline.
Imports of Tallow; Other than Those of Heading 1503 in Iraq
In 2022, purchases abroad of tallow; other than those of heading 1503s decreased by -74.1% to 5.8 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 16%. As a result, imports reached the peak of 117 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of tallow; other than those of heading 1503s fell rapidly to $7.8K in 2022. In general, imports showed a significant contraction. The smallest decline of -11.8% was in 2020.
| Import of Tallow; Other than Those of Heading 1503 in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 129 | 82.7 | 12.8 | 7.1 | -62.0% |
| United Arab Emirates | N/A | 31.3 | 11.5 | 0.7 | -85.0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 129 | 114 | 24.3 | 7.8 | -60.8% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Iraq in 2022:
- Iran (5.0 tons)
- United Arab Emirates (0.8 tons)
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