Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Iraq - 2022
Contents:
- Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Iraq (CIF) - 2022
- Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Iraq
Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Iraq (CIF) - 2022
The average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $4,223 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the import price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 40%. The import price peaked at $9,297 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 India ($87,254 per ton), while the price for Turkey ($2,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Iraq
In 2022, the amount of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses imported into Iraq expanded significantly to 4.7 tons, surging by 9.5% compared with the previous year's figure. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 98%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses rose notably to $20K in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 37%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.1 | 1.7 | 5.7 | 10.0 | 364.2% |
| India | 0.6 | 2.1 | 6.4 | 6.2 | 117.8% |
| Germany | 0.2 | 1.2 | 0.9 | 1.2 | 81.7% |
| United Arab Emirates | 8.8 | 6.4 | 4.2 | 1.1 | -50.0% |
| United Kingdom | 1.0 | N/A | N/A | N/A | 0% |
| Others | 2.4 | 1.8 | 0.9 | 1.3 | -18.5% |
| Total | 13.1 | 13.2 | 18.1 | 19.9 | 15.0% |
Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Iraq in 2022:
- Turkey (4013.0 kg)
- United Arab Emirates (346.0 kg)
- Germany (136.0 kg)
- India (71.0 kg)
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