Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Iraq - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Iraq (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Iraq
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Iraq (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $2,320 per ton in 2022, surging by 7.2% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 48% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($3,926 per ton), while the price for the Netherlands ($1,524 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Iraq
Imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses into Iraq skyrocketed to 314 tons in 2022, growing by 37% against the previous year's figure. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 62%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses surged to $729K in 2022. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 139%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 64.3 | 62.5 | 272 | 360 | 77.6% |
| China | 12.5 | 23.8 | 73.6 | 152 | 130.0% |
| Netherlands | 87.2 | 87.9 | 98.0 | 120 | 11.2% |
| Turkey | 15.5 | 27.0 | 34.0 | 68.1 | 63.8% |
| Belgium | 3.5 | 6.3 | 12.3 | 26.7 | 96.9% |
| Others | 0.1 | N/A | 6.5 | 2.2 | 180.2% |
| Total | 183 | 208 | 496 | 729 | 58.5% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Iraq in 2022:
- United Arab Emirates (129.0 tons)
- China (81.1 tons)
- Netherlands (78.9 tons)
- Turkey (17.3 tons)
- Belgium (7.9 tons)
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