Sulphates; of Copper Price in Iraq - 2022
Contents:
Sulphates; of Copper Price in Iraq (CIF) - 2022
The average sulphates; of copper import price stood at $3,301 per ton in 2022, which is down by -2.1% against the previous year. Over the period under review, the import price, however, showed slight growth. The pace of growth was the most pronounced in 2021 an increase of 43%. As a result, import price reached the peak level of $3,374 per ton, and then declined slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,789 per ton), while the price for Turkey ($1,622 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+7.5%), while the prices for the other major suppliers experienced a decline.
Sulphates; of Copper Imports in Iraq
In 2022, imports of sulphates; of coppers into Iraq soared to 26 tons, increasing by 601% compared with the previous year's figure. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 819% against the previous year. As a result, imports attained the peak of 31 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sulphates; of copper imports skyrocketed to $87K in 2022. In general, imports showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 767%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Sulphates; of Copper in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | 58.1 | 11.3 | 57.8 | 134.2% |
| Iran | 0.8 | 0.8 | 0.1 | 0.8 | 0.0% |
| Others | 3.2 | 14.1 | 1.4 | 28.9 | 108.2% |
| Total | 8.4 | 73.1 | 12.8 | 87.5 | 118.4% |
Top Suppliers of Sulphates; of Copper to Iraq in 2022:
- China (20.7 tons)
- Iran (0.5 tons)
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