Price for Poly(Lactic Acid); in Primary Forms in Iraq - 2022

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Iraq (CIF) - 2022
  2. Imports of Poly(Lactic Acid); in Primary Forms in Iraq

Price for Poly(Lactic Acid); in Primary Forms in Iraq (CIF) - 2022

In 2022, the average import price for poly(lactic acid); in primary formses amounted to $17,770 per ton, growing by 9.4% against the previous year. In general, the import price continues to indicate a prominent expansion. The growth pace was the most rapid in 2020 an increase of 32% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($41,082 per ton), while the price for the United Arab Emirates ($4,103 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+52.9%), while the prices for the other major suppliers experienced a decline.

Imports of Poly(Lactic Acid); in Primary Forms in Iraq

In 2022, the amount of poly(lactic acid); in primary formses imported into Iraq skyrocketed to 24 tons, increasing by 37% against the previous year's figure. In general, imports, however, recorded a precipitous contraction. The growth pace was the most rapid in 2021 when imports increased by 87% against the previous year.

In value terms, poly(lactic acid); in primary forms imports surged to $429K in 2022. Over the period under review, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year.

Import of Poly(Lactic Acid); in Primary Forms in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14158.616633032.8%
United States37854.910197.5-36.3%
United Arab Emirates53.830.719.01.8-67.8%
Kuwait211N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total784144287429-18.2%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Iraq in 2022:

  1. United States (15.7 tons)
  2. China (8.0 tons)
  3. United Arab Emirates (0.4 tons)

Source: IndexBox Market Intelligence Platform

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