Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Iraq - 2022

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Iraq (CIF) - 2022
2. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Iraq (FOB) - 2022
3. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Iraq
4. Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Iraq

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Iraq (CIF) - 2022

In 2022, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,072 per ton, jumping by 29% against the previous year. Over the period under review, the import price, however, recorded a mild decline. The pace of growth appeared the most rapid in 2021 when the average import price increased by 55%. The import price peaked at $1,272 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Turkey ($4,161 per ton), while the price for Iran ($387 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 (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Iraq (FOB) - 2022

In 2022, the average export price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $3,129 per ton, increasing by 50% against the previous year. In general, the export price showed strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2014 to 2022, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Iraq

Imports of alloy steel flat-rolled products, of a width 600mm or mores into Iraq skyrocketed to 21K tons in 2022, jumping by 293% on 2021 figures. Over the period under review, imports showed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores soared to $23M in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Iraq in 2022:

1. Malaysia (8.0K tons)
2. Iran (6.5K tons)
3. Ukraine (2.0K tons)
4. Turkey (1.7K tons)
5. United Arab Emirates (1.5K tons)
6. India (0.6K tons)
7. China (0.6K tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Iraq

In 2022, approx. 20 tons of alloy steel flat-rolled products, of a width 600mm or mores were exported from Iraq; rising by 745% on 2021 figures. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores surged to $64K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Iraq in 2022:

1. Turkey (20.4 tons)

Source: IndexBox Market Intelligence Platform