Price for Bromides; of Sodium or of Potassium in Iraq - 2022
Contents:
- Price for Bromides; of Sodium or of Potassium in Iraq (CIF) - 2022
- Imports of Bromides; of Sodium or of Potassium in Iraq
Price for Bromides; of Sodium or of Potassium in Iraq (CIF) - 2022
The average import price for bromides; of sodium or of potassia stood at $5,621 per ton in 2022, with an increase of 5.3% against the previous year. Over the period under review, the import price, however, showed a pronounced decline. The pace of growth appeared the most rapid in 2020 an increase of 37% against the previous year. As a result, import price reached the peak level of $8,947 per ton. From 2021 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 India ($18,873 per ton), while the price for the United Arab Emirates ($4,315 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.5%), while the prices for the other major suppliers experienced a decline.
Imports of Bromides; of Sodium or of Potassium in Iraq
In 2022, approx. 3.9 tons of bromides; of sodium or of potassia were imported into Iraq; growing by 7% compared with the year before. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 19,142%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of bromides; of sodium or of potassia rose remarkably to $22K in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 11,381% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Bromides; of Sodium or of Potassium in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.5 | 0.1 | 9.5 | 10.3 | 174.1% |
| Turkey | 1.4 | N/A | 8.7 | 10.2 | 93.9% |
| India | 0.9 | N/A | 1.4 | 1.5 | 18.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.7 | 0.2 | 19.5 | 22.0 | 101.2% |
Top Suppliers of Bromides; of Sodium or of Potassium to Iraq in 2022:
- United Arab Emirates (2.4 tons)
- Turkey (1.4 tons)
- India (0.1 tons)
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