Price for Ethylene Polymers; Waste, Parings and Scrap in Iraq - 2022

Contents:

1. Price for Ethylene Polymers; Waste, Parings and Scrap in Iraq (FOB) - 2022
2. Price for Ethylene Polymers; Waste, Parings and Scrap in Iraq (CIF) - 2022
3. Exports of Ethylene Polymers; Waste, Parings and Scrap in Iraq
4. Imports of Ethylene Polymers; Waste, Parings and Scrap in Iraq

Price for Ethylene Polymers; Waste, Parings and Scrap in Iraq (FOB) - 2022

In 2022, the average export price for ethylene polymers; waste, parings and scraps amounted to $168 per ton, standing approx. at the previous year. Over the period under review, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2015 an increase of 10%. The export price peaked at $348 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($223 per ton), while the average price for exports to Turkey amounted to $167 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+6.8%).

Price for Ethylene Polymers; Waste, Parings and Scrap in Iraq (CIF) - 2022

The average import price for ethylene polymers; waste, parings and scraps stood at $1,086 per ton in 2022, falling by -1.9% against the previous year. Over the period under review, the import price, however, continues to indicate temperate growth. The most prominent rate of growth was recorded in 2019 an increase of 42% against the previous year. Over the period under review, average import prices attained the peak figure at $1,106 per ton in 2021, and then fell slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($2,235 per ton), while the price for Iran amounted to $943 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Ethylene Polymers; Waste, Parings and Scrap in Iraq

Exports of ethylene polymers; waste, parings and scraps from Iraq declined rapidly to 43K tons in 2022, shrinking by -27% on the previous year's figure. Overall, exports, however, saw a modest increase. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year. As a result, the exports attained the peak of 59K tons, and then declined rapidly in the following year.

In value terms, exports of ethylene polymers; waste, parings and scraps fell markedly to $7.3M in 2022. Over the period under review, exports showed a mild shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year. As a result, the exports reached the peak of $10M, and then declined sharply in the following year.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Iraq in 2022:

1. Turkey (42.3K tons)
2. Iran (1.0K tons)

Imports of Ethylene Polymers; Waste, Parings and Scrap in Iraq

In 2022, purchases abroad of ethylene polymers; waste, parings and scraps was finally on the rise to reach 36 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a dramatic contraction.

In value terms, imports of ethylene polymers; waste, parings and scraps soared to $39K in 2022. Overall, imports, however, saw a abrupt curtailment.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Iraq in 2022:

1. Iran (35.0 tons)
2. Turkey (0.6 tons)

Source: IndexBox Market Intelligence Platform