Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Iraq - 2022

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Iraq (CIF) - 2022
  2. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Iraq

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Iraq (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $27,253 per ton, remaining constant against the previous year. Over the period under review, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by 3.3% against the previous year. Over the period under review, average import prices hit record highs at $58,910 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Bulgaria ($89,106 per ton), while the price for India amounted to $12,725 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+14.2%), while the prices for the other major suppliers experienced a decline.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Iraq

Imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses into Iraq soared to 5.7 tons in 2022, jumping by 49% compared with the year before. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 175%. As a result, imports attained the peak of 7.6 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses surged to $154K in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 179%. As a result, imports attained the peak of $204K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria13.835.027.666.368.7%
India41.511950.060.013.1%
Kuwait17.734.3N/AN/A93.8%
OthersN/A15.626.927.933.7%
Total72.920410415428.3%

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Iraq in 2022:

  1. India (4.7 tons)
  2. Bulgaria (0.7 tons)

Source: IndexBox Market Intelligence Platform

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