Carbonates; Potassium Carbonate Price in Iraq - 2022

Contents:

  1. Carbonates; Potassium Carbonate Price in Iraq (CIF) - 2022
  2. Carbonates; Potassium Carbonate Imports in Iraq

Carbonates; Potassium Carbonate Price in Iraq (CIF) - 2022

The average carbonates; potassium carbonate import price stood at $1,615 per ton in 2022, rising by 30% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 151%. As a result, import price attained the peak level of $3,290 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($1,879 per ton), while the price for Ireland totaled $1,604 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+45.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Carbonates; Potassium Carbonate Imports in Iraq

In 2022, after two years of decline, there was significant growth in supplies from abroad of carbonates; potassium carbonates, when their volume increased by 340% to 135 tons. In general, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, carbonates; potassium carbonate imports skyrocketed to $217K in 2022. Over the period under review, imports, however, saw a abrupt decrease.

Import of Carbonates; Potassium Carbonate in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland78.397.2N/A20938.7%
Turkey6.144.927.88.210.4%
South Korea94.8N/AN/AN/A0%
Germany5.0N/A5.1N/A1.0%
Others86.0N/A5.20.3-84.8%
Total27014238.0217-7.0%

Top Suppliers of Carbonates; Potassium Carbonate to Iraq in 2022:

  1. Ireland (130.2 tons)
  2. Turkey (4.4 tons)

Source: IndexBox Market Intelligence Platform

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