Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Iraq - 2022

Contents:

  1. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Iraq (CIF) - 2022
  2. Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Iraq

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Iraq (CIF) - 2022

In 2022, the average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $5,532 per ton, growing by 19% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses increased by +68.2% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($6,741 per ton), while the price for South Korea ($4,459 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Iraq

In 2022, overseas purchases of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses were finally on the rise to reach 1.6K tons for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses skyrocketed to $9.1M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3291,4951,0843,76941.5%
Germany83.01212171,697173.4%
Turkey4825845571,39442.5%
Belgium18.775.4132646225.7%
United Arab Emirates34115454457218.8%
Sweden310364349253-6.5%
South Korea276322169253-2.9%
United States94491991290.5-54.2%
Others27220116738612.4%
Total4,0574,2364,1329,06130.7%

Top Suppliers of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms to Iraq in 2022:

  1. China (762.4 tons)
  2. Germany (264.7 tons)
  3. Turkey (206.8 tons)
  4. Belgium (106.7 tons)
  5. United Arab Emirates (104.0 tons)
  6. South Korea (56.7 tons)
  7. Sweden (48.2 tons)
  8. United States (18.5 tons)

Source: IndexBox Market Intelligence Platform

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