Salts; Molybdates Price in Iraq - 2022
Contents:
Salts; Molybdates Price in Iraq (CIF) - 2022
The average salts; molybdates import price stood at $8,271 per ton in 2022, rising by 14% against the previous year. In general, the import price, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2017 an increase of 28%. The import price peaked at $30,193 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -11.0% per year.
Salts; Molybdates Imports in Iraq
In 2022, approx. 4.1 tons of salts; molybdateses were imported into Iraq; with an increase of 55% on 2021 figures. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 155%. As a result, imports reached the peak of 5.6 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, salts; molybdates imports skyrocketed to $34K in 2022. Overall, imports posted a buoyant expansion.
| Import of Salts; Molybdates in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 27.5 | 46.6 | 19.1 | 34.1 | 7.4% |
| Saudi Arabia | N/A | 2.1 | N/A | N/A | 0% |
| Others | 1.1 | 0.6 | 0.2 | 0.2 | -43.3% |
| Total | 28.6 | 49.3 | 19.3 | 34.3 | 6.2% |
Top Suppliers of Salts; Molybdates to Iraq in 2022:
- United Kingdom (4.1 tons)
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