Price for Dyes; Pigments and Preparations Based Thereon in Iraq - 2022

Contents:

  1. Price for Dyes; Pigments and Preparations Based Thereon in Iraq (CIF) - 2022
  2. Price for Dyes; Pigments and Preparations Based Thereon in Iraq (FOB) - 2022
  3. Imports of Dyes; Pigments and Preparations Based Thereon in Iraq
  4. Exports of Dyes; Pigments and Preparations Based Thereon in Iraq

Price for Dyes; Pigments and Preparations Based Thereon in Iraq (CIF) - 2022

The average import price for dyes; pigments and preparations based therea stood at $3,366 per ton in 2022, declining by -6.8% against the previous year. Overall, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2013 an increase of 22% against the previous year. As a result, import price reached the peak level of $5,138 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($10,360 per ton), while the price for the United Arab Emirates ($2,590 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dyes; Pigments and Preparations Based Thereon in Iraq (FOB) - 2022

The average export price for dyes; pigments and preparations based therea stood at $7,183 per ton in 2022, falling by -24.8% against the previous year. Overall, the export price saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 an increase of 53% against the previous year. The export price peaked at $10,155 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Dyes; Pigments and Preparations Based Thereon in Iraq

In 2022, after three years of growth, there was significant decline in purchases abroad of dyes; pigments and preparations based therea, when their volume decreased by -7.5% to 1.8K tons. The total import volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of 2K tons, and then reduced in the following year.

In value terms, imports of dyes; pigments and preparations based therea shrank to $6.1M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38%. As a result, imports attained the peak of $7M, and then fell in the following year.

Import of Dyes; Pigments and Preparations Based Thereon in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates3,1293,3924,3563,7786.5%
Jordan21833527638721.1%
Austria8.858.0363381251.1%
China31.8315519359124.3%
Turkey2011783142578.5%
Iran2023433012426.2%
India173264322126-10.0%
Others25922059354428.1%
Total4,2235,1057,0446,07512.9%

Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Iraq in 2022:

  1. United Arab Emirates (1459.1 tons)
  2. China (117.7 tons)
  3. Iran (63.7 tons)
  4. Turkey (49.9 tons)
  5. Jordan (37.3 tons)
  6. Austria (36.8 tons)
  7. India (21.5 tons)

Exports of Dyes; Pigments and Preparations Based Thereon in Iraq

In 2022, after two years of decline, there was significant growth in shipments abroad of dyes; pigments and preparations based therea, when their volume increased by 71% to 416 kg. In general, exports, however, showed a sharp descent.

In value terms, exports of dyes; pigments and preparations based therea surged to $3K in 2022. Overall, exports, however, continue to indicate a abrupt curtailment.

Export of Dyes; Pigments and Preparations Based Thereon in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A1.50%
AustriaN/AN/A1.2N/A0%
Lebanon5.0N/AN/AN/A0%
IndiaN/A3.7N/AN/A0%
OthersN/AN/A1.21.525.0%
Total5.03.72.33.0-15.7%

Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Iraq in 2022:

  1. Netherlands (208.0 kg)

Source: IndexBox Market Intelligence Platform

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