Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Iraq - 2022
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Iraq (CIF) - 2022
- Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Iraq
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Iraq (CIF) - 2022
The average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $1,406 per ton in 2022, with a decrease of -19.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2021 when the average import price increased by 47% against the previous year. As a result, import price reached the peak level of $1,752 per ton, and then shrank significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($7,027 per ton), while the price for Italy ($778 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+66.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Iraq
Imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses into Iraq surged to 18 tons in 2022, jumping by 18% against the year before. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 23% against the previous year. As a result, imports attained the peak of 20 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses declined to $25K in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 14%.
| Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.4 | 0.5 | 15.8 | 14.2 | 228.7% |
| Italy | 19.0 | 22.3 | 9.4 | 7.0 | -28.3% |
| Netherlands | N/A | N/A | 0.8 | 2.9 | 262.5% |
| Others | 1.2 | 0.6 | 0.2 | 0.6 | -20.6% |
| Total | 20.5 | 23.3 | 26.2 | 24.7 | 6.4% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Iraq in 2022:
- Italy (9.0 tons)
- China (8.1 tons)
- Netherlands (0.4 tons)
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