Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Iraq - 2022

Contents:

  1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Iraq (CIF) - 2022
  2. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Iraq

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Iraq (CIF) - 2022

The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $4,379 per ton in 2022, jumping by 19% against the previous year. Overall, the import price, however, continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2019 an increase of 37%. As a result, import price attained the peak level of $5,563 per ton. From 2020 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 ($5,532 per ton), while the price for China ($569 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-3.3%), while the prices for the other major suppliers experienced a decline.

Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Iraq

In 2022, the amount of alcohols; aromatic alcohols and derivatives, benzyl alcohol imported into Iraq reduced rapidly to 5.2 tons, waning by -43% against 2021. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 294%. As a result, imports reached the peak of 9.2 tons, and then contracted dramatically in the following year.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol dropped dramatically to $23K in 2022. In general, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 182% against the previous year. As a result, imports attained the peak of $34K, and then fell remarkably in the following year.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany23.49.829.18.4-28.9%
China2.50.82.40.6-37.9%
Turkey1.60.61.40.5-32.1%
India2.00.90.80.4-41.5%
OthersN/AN/AN/A13.10%
Total29.512.033.822.9-8.1%

Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Iraq in 2022:

  1. Germany (1.5 tons)
  2. China (1.0 tons)
  3. Turkey (0.3 tons)
  4. India (0.1 tons)

Source: IndexBox Market Intelligence Platform

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