Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Iraq - 2022

Contents:

  1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Iraq (CIF) - 2022
  2. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Iraq

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Iraq (CIF) - 2022

In 2022, the average import price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $744 per ton, which is down by -55.3% against the previous year. Overall, the import price saw a noticeable decrease. The growth pace was the most rapid in 2021 an increase of 151%. As a result, import price reached the peak level of $1,666 per ton, and then declined notably 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 the United Arab Emirates ($5,298 per ton), while the price for China ($733 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+46.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Iraq

In 2022, the amount of granules and powders, of pig iron, spiegeleisen, iron or steels imported into Iraq amounted to 69 tons, increasing by 2.7% against the year before. Over the period under review, imports, however, recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 199% against the previous year. As a result, imports reached the peak of 488 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels contracted significantly to $51K in 2022. In general, imports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 238%. As a result, imports reached the peak of $324K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China45.22620.849.12.8%
Turkey15.938.314.22.0-49.9%
United Arab Emirates18.19.111.40.3-74.5%
EgyptN/AN/A85.6N/A0%
Iran9.714.0N/AN/A44.3%
Others6.9N/AN/AN/A0%
Total95.832411251.4-18.7%

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Iraq in 2022:

  1. China (67.0 tons)
  2. Turkey (2.0 tons)
  3. United Arab Emirates (0.1 tons)
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