Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Iraq - 2022

Contents:

  1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Iraq (CIF) - 2022
  2. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Iraq

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Iraq (CIF) - 2022

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $17,596 per ton in 2022, falling by -2.6% against the previous year. In general, the import price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 77% against the previous year. The import price peaked at $18,069 per ton in 2021, and then declined modestly in the following year.

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 India ($41,430 per ton), while the price for the United Arab Emirates ($6,585 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+35.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Iraq

Imports of polymers, natural; alginic acid, its salts and esters, in primary formses into Iraq shrank rapidly to 4.8 tons in 2022, which is down by -36% on the year before. In general, imports, however, recorded slight growth. The growth pace was the most rapid in 2021 with an increase of 258% against the previous year. As a result, imports reached the peak of 7.5 tons, and then reduced rapidly in the following year.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses shrank significantly to $84K in 2022. Over the period under review, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 306% against the previous year. As a result, imports attained the peak of $135K, and then declined significantly in the following year.

Import of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark43.515.982.665.814.8%
Turkey2.83.96.64.618.0%
India1.12.68.14.458.7%
Italy4.32.87.33.5-6.6%
United Arab Emirates5.33.27.73.4-13.8%
Germany6.84.611.82.0-33.5%
SpainN/AN/A10.3N/A0%
Others0.30.30.80.518.6%
Total64.033.313584.39.6%

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Iraq in 2022:

  1. Denmark (3221.0 kg)
  2. United Arab Emirates (523.0 kg)
  3. Italy (441.0 kg)
  4. Turkey (282.0 kg)
  5. Germany (191.0 kg)
  6. India (107.0 kg)

Source: IndexBox Market Intelligence Platform

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