Price for Chromium Oxides and Hydroxides in Iraq - 2022
Contents:
- Price for Chromium Oxides and Hydroxides in Iraq (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides in Iraq
Price for Chromium Oxides and Hydroxides in Iraq (CIF) - 2022
The average chromium oxides and hydroxides import price stood at $1,348 per ton in 2022, shrinking by -18.7% against the previous year. In general, the import price faced a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of 96%. Over the period under review, average import prices reached the peak figure at $8,936 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 India ($8,500 per ton), while the price for Turkey ($620 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.8%), while the prices for the other major suppliers experienced a decline.
Imports of Chromium Oxides and Hydroxides in Iraq
Chromium oxides and hydroxides imports into Iraq skyrocketed to 1.6 tons in 2022, surging by 24% on the year before. The total import volume increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 30%. As a result, imports reached the peak of 1.6 tons; afterwards, it flattened through to 2022.
In value terms, chromium oxides and hydroxides imports totaled $2.2K in 2022. Overall, imports, however, showed a sharp decrease.
| Import of Chromium Oxides and Hydroxides in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 5.3 | 3.2 | 1.4 | 1.3 | -37.4% |
| Turkey | 1.1 | 1.1 | 0.8 | 0.9 | -6.5% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 6.6 | 4.4 | 2.2 | 2.2 | -30.7% |
Top Suppliers of Chromium Oxides and Hydroxides to Iraq in 2022:
- Turkey (1402.0 kg)
- United Arab Emirates (204.0 kg)
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