Price for Iron Ore and Concentrate, Non-Agglomerated in Iraq - 2022
Contents:
- Price for Iron Ore and Concentrate, Non-Agglomerated in Iraq (CIF) - 2022
- Imports of Iron Ore and Concentrate, Non-Agglomerated in Iraq
Price for Iron Ore and Concentrate, Non-Agglomerated in Iraq (CIF) - 2022
The average import price for iron ores and concentrates, non-agglomerated stood at $27 per ton in 2022, falling by -30.7% against the previous year. Overall, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 86%. As a result, import price attained the peak level of $358 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
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 Iran ($28 per ton), while the price for Turkey totaled $7 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (-16.3%).
Imports of Iron Ore and Concentrate, Non-Agglomerated in Iraq
After three years of growth, purchases abroad of iron ores and concentrates, non-agglomerated decreased by -96% to 36K tons in 2022. Over the period under review, imports faced a sharp shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 49% against the previous year.
In value terms, iron ore and concentrate, non-agglomerated imports reduced sharply to $970K in 2022. Overall, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 64% against the previous year.
| Import of Iron Ore and Concentrate, Non-Agglomerated in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 16.5 | 27.5 | 33.1 | 0.9 | -62.1% |
| Turkey | 0.7 | 0.9 | 0.8 | N/A | 6.9% |
| Others | 0.4 | 0.6 | 0.7 | N/A | 32.3% |
| Total | 17.7 | 28.9 | 34.6 | 1.0 | -61.6% |
Top Suppliers of Iron Ore and Concentrate, Non-Agglomerated to Iraq in 2022:
- Iran (33.2K tons)
- Turkey (2.9K tons)
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