Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Iraq - 2022

Contents:

  1. Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Iraq (CIF) - 2022
  2. Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Iraq (FOB) - 2022
  3. Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Iraq
  4. Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Iraq

Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Iraq (CIF) - 2022

The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $1,259 per ton in 2022, growing by 17% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2015 an increase of 40% against the previous year. As a result, import price reached the peak level of $2,214 per ton. From 2016 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 the United States ($4,187 per ton), while the price for India ($694 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Iraq (FOB) - 2022

The average export price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $965 per ton in 2021, approximately mirroring the previous year. Overall, the export price continues to indicate a significant decline. The growth pace was the most rapid in 2020 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,859 per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

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

From 2019 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Iraq

After three years of growth, overseas purchases of aluminium oxide (including artificial corundum); aluminium hydroxide decreased by -40.1% to 251 tons in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 198%.

In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide shrank notably to $316K in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 154% against the previous year.

Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France45.578.217412138.5%
India1.73.611.376.2255.2%
United States52.179.773.738.0-10.0%
China5.514410530.176.2%
United Arab Emirates3.19.835.823.496.2%
Germany8.413.710.914.319.4%
Turkey7.019.110.93.6-19.9%
KuwaitN/A3.9N/AN/A0%
Others21.916.830.910.3-22.2%
Total14536845331629.7%

Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Iraq in 2022:

  1. India (109.8 tons)
  2. France (73.9 tons)
  3. China (25.2 tons)
  4. United Arab Emirates (23.6 tons)
  5. United States (9.1 tons)
  6. Germany (5.8 tons)
  7. Turkey (1.6 tons)

Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Iraq

Exports of aluminium oxide (including artificial corundum); aluminium hydroxide from Iraq stood at 3.5 tons in 2021, remaining relatively unchanged against the year before. Overall, exports continue to indicate a significant decline. The smallest decline of 99.9% was in 2020.

In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide stood at $3.4K in 2021. Over the period under review, exports faced a significant decline. The smallest decline of 99.9% was in 2020.

Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Iraq (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United Arab EmiratesN/AN/A3.40%
Iran74.4N/AN/A0%
OthersN/AN/AN/A0%
Total74.4N/A3.4-78.6%

Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Iraq in 2022:

  1. United Arab Emirates (3.5 tons)

Source: IndexBox Market Intelligence Platform

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