Price for Copper; Powders and Flakes in Iraq - 2022

Contents:

  1. Price for Copper; Powders and Flakes in Iraq (CIF) - 2022
  2. Imports of Copper; Powders and Flakes in Iraq

Price for Copper; Powders and Flakes in Iraq (CIF) - 2022

The average copper; powders and flakes import price stood at $13,788 per ton in 2022, increasing by 13% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper; powders and flakes import price increased by +42.3% against 2016 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 79%. As a result, import price attained the peak level of $22,207 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($34,667 per ton), while the price for Germany ($13,175 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Copper; Powders and Flakes in Iraq

In 2022, overseas purchases of copper; powders and flakeses were finally on the rise to reach 41 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a perceptible reduction.

In value terms, copper; powders and flakes imports soared to $560K in 2022. In general, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Copper; Powders and Flakes in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4043183064473.4%
Belgium56.242.346.170.17.6%
Turkey18.828.630.442.331.0%
Others11.47.70.20.1-79.4%
Total4903973825604.6%

Top Suppliers of Copper; Powders and Flakes to Iraq in 2022:

  1. Germany (34.0 tons)
  2. Belgium (4.5 tons)
  3. Turkey (2.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Copper; powders and flakes - Iraq