Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Iraq - 2022
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Iraq (CIF) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Iraq
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Iraq (CIF) - 2022
The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $51,692 per ton in 2022, picking up by 3% against the previous year. Overall, the import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 57% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($299,358 per ton), while the price for China ($32,647 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 (+32.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Iraq
In 2022, the amount of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol imported into Iraq declined sharply to 1.4 tons, with a decrease of -39.1% against 2021. Overall, imports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 298%. As a result, imports reached the peak of 2.3 tons, and then fell dramatically in the following year.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol dropped significantly to $71K in 2022. In general, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 292%. As a result, imports attained the peak of $114K, and then shrank notably in the following year.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.2 | 9.1 | 50.4 | 30.0 | 31.5% |
| United Arab Emirates | 21.6 | 11.9 | 32.0 | 23.6 | 3.0% |
| Netherlands | 16.2 | 7.9 | 14.3 | 15.1 | -2.3% |
| India | 4.8 | N/A | N/A | N/A | 0% |
| Others | 1.7 | 0.3 | 17.1 | 2.8 | 18.1% |
| Total | 57.5 | 29.1 | 114 | 71.5 | 7.5% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Iraq in 2022:
- China (919.0 kg)
- United Arab Emirates (409.0 kg)
- Netherlands (51.0 kg)
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