Price for Zinc; Bars, Rods, Profiles and Wire in Iraq - 2022

Contents:

  1. Price for Zinc; Bars, Rods, Profiles and Wire in Iraq (CIF) - 2022
  2. Imports of Zinc; Bars, Rods, Profiles and Wire in Iraq

Price for Zinc; Bars, Rods, Profiles and Wire in Iraq (CIF) - 2022

In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $4,481 per ton, increasing by 93% against the previous year. Overall, the import price showed a resilient expansion. The pace of growth appeared the most rapid in 2015 an increase of 148% against the previous year. Over the period under review, average import prices attained the peak figure at $6,054 per ton in 2020; however, from 2021 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 UK ($4,944 per ton), while the price for the United Arab Emirates ($2,407 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+268.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Zinc; Bars, Rods, Profiles and Wire in Iraq

In 2022, imports of zinc; bars, rods, profiles and wires into Iraq skyrocketed to 17 tons, picking up by 178% compared with 2021 figures. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 456%. As a result, imports attained the peak of 18 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of zinc; bars, rods, profiles and wires soared to $78K in 2022. Overall, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 918% against the previous year. As a result, imports reached the peak of $111K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Zinc; Bars, Rods, Profiles and Wire in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A79.8N/A67.7-7.9%
Turkey3.98.42.08.127.6%
United Arab EmiratesN/A22.62.71.9-71.0%
China7.0N/A8.0N/A6.9%
FranceN/AN/A1.7N/A0%
OthersN/AN/AN/AN/A0%
Total10.911114.577.792.5%

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Iraq in 2022:

  1. United Kingdom (13.7 tons)
  2. Turkey (2.9 tons)
  3. United Arab Emirates (0.8 tons)

Source: IndexBox Market Intelligence Platform

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