Price for Copper Oxides and Hydroxides in Iraq - 2022
Contents:
- Price for Copper Oxides and Hydroxides in Iraq (CIF) - 2022
- Imports of Copper Oxides and Hydroxides in Iraq
Price for Copper Oxides and Hydroxides in Iraq (CIF) - 2022
The average copper oxides and hydroxides import price stood at $16,757 per ton in 2022, with a decrease of -41.8% against the previous year. In general, the import price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 69%. As a result, import price reached the peak level of $28,781 per ton, and then declined significantly in the following year.
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 ($23,036 per ton), while the price for Turkey amounted to $4,985 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.6%).
Imports of Copper Oxides and Hydroxides in Iraq
For the fourth consecutive year, Iraq recorded growth in supplies from abroad of copper oxides and hydroxideses, which increased by 20% to 1.1 tons in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 51%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, copper oxides and hydroxides imports dropped remarkably to $19K in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 154%. As a result, imports reached the peak of $28K, and then dropped dramatically in the following year.
| Import of Copper Oxides and Hydroxides in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.8 | 10.9 | N/A | 17.3 | 36.5% |
| Turkey | N/A | N/A | N/A | 2.0 | 0% |
| United Arab Emirates | N/A | N/A | 27.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.8 | 10.9 | 27.7 | 19.3 | 41.6% |
Top Suppliers of Copper Oxides and Hydroxides to Iraq in 2022:
- India (750.0 kg)
- Turkey (400.0 kg)
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