Dithionites and Sulphoxylates Price in Iraq - 2022

Contents:

  1. Dithionites and Sulphoxylates Price in Iraq (CIF) - 2022
  2. Dithionites and Sulphoxylates Imports in Iraq

Dithionites and Sulphoxylates Price in Iraq (CIF) - 2022

In 2022, the average dithionites and sulphoxylates import price amounted to $2,011 per ton, with an increase of 8.7% against the previous year. Over the period under review, the import price showed prominent growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 895%. As a result, import price reached the peak level of $4,863 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,700 per ton), while the price for Turkey totaled $975 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Dithionites and Sulphoxylates Imports in Iraq

After three years of growth, overseas purchases of dithionites and sulphoxylateses decreased by -19.5% to 1.8 tons in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 44%. As a result, imports reached the peak of 2.2 tons, and then shrank dramatically in the following year.

In value terms, dithionites and sulphoxylates imports fell to $3.6K in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, imports reached the peak of $4.1K, and then fell in the following year.

Import of Dithionites and Sulphoxylates in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.9N/A3.52.947.7%
Turkey0.6N/A0.60.75.3%
United Arab Emirates0.9N/AN/AN/A0%
Saudi ArabiaN/A3.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.33.04.13.616.1%

Top Suppliers of Dithionites and Sulphoxylates to Iraq in 2022:

  1. Germany (1062.0 kg)
  2. Turkey (706.0 kg)

Source: IndexBox Market Intelligence Platform

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