Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Iraq - 2022
Contents:
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Iraq (CIF) - 2022
- Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Iraq (FOB) - 2022
- Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Iraq
- Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Iraq
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Iraq (CIF) - 2022
The average import price for polymers of propylene or of other olefins, in primary formses stood at $1,462 per ton in 2022, dropping by -16% against the previous year. In general, the import price, however, continues to indicate slight growth. The growth pace was the most rapid in 2021 when the average import price increased by 47% against the previous year. As a result, import price reached the peak level of $1,740 per ton, and then contracted markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,372 per ton), while the price for Saudi Arabia ($1,123 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polymers of Propylene or of Other Olefins, in Primary Forms in Iraq (FOB) - 2022
The average export price for polymers of propylene or of other olefins, in primary formses stood at $1,647 per ton in 2021, growing by 154% against the previous year. Overall, the export price, however, showed a abrupt curtailment. The export price peaked at $2,820 per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2021, the rate of growth in terms of prices for Qatar amounted to +11.9% per year.
Imports of Polymers of Propylene or of Other Olefins, in Primary Forms in Iraq
In 2022, the amount of polymers of propylene or of other olefins, in primary formses imported into Iraq reached 11K tons, approximately equating 2021 figures. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 21% against the previous year. As a result, imports attained the peak of 11K tons; afterwards, it flattened through to 2022.
In value terms, imports of polymers of propylene or of other olefins, in primary formses dropped notably to $17M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 +38.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 45%. As a result, imports attained the peak of $20M, and then declined markedly in the following year.
| Import of Polymers of Propylene or of Other Olefins, in Primary Forms in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 3.7 | 7.0 | 5.7 | 5.0 | 10.6% |
| Jordan | 0.4 | 0.3 | 4.7 | 4.2 | 119.0% |
| South Korea | 0.9 | 1.0 | 4.4 | 2.4 | 38.7% |
| United Arab Emirates | 3.3 | 1.2 | 2.0 | 1.6 | -21.4% |
| United States | 0.2 | 1.9 | 1.3 | 1.2 | 81.7% |
| Turkey | 2.9 | 1.5 | 0.9 | 1.1 | -27.6% |
| China | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| Others | 0.6 | 0.5 | 0.6 | 0.7 | 5.3% |
| Total | 12.0 | 13.6 | 19.7 | 16.7 | 11.6% |
Top Suppliers of Polymers of Propylene or of Other Olefins, in Primary Forms to Iraq in 2022:
- Saudi Arabia (4.5K tons)
- Jordan (2.6K tons)
- South Korea (1.9K tons)
- United Arab Emirates (0.9K tons)
- Turkey (0.6K tons)
- China (0.3K tons)
- United States (0.2K tons)
Exports of Polymers of Propylene or of Other Olefins, in Primary Forms in Iraq
Exports of polymers of propylene or of other olefins, in primary formses from Iraq contracted rapidly to 8.5 tons in 2021, with a decrease of -91.6% against 2020 figures. In general, exports faced a significant decline. The smallest decline of -51.9% was in 2020.
In value terms, exports of polymers of propylene or of other olefins, in primary formses contracted sharply to $14K in 2021. Over the period under review, exports faced a dramatic curtailment. The smallest decline of -46.3% was in 2020.
| Export of Polymers of Propylene or of Other Olefins, in Primary Forms in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Arab Emirates | N/A | N/A | 14.0 | 0% | |
| Qatar | 122 | 65.6 | N/A | -46.2% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 122 | 65.6 | 14.0 | -66.1% | |
Top Export Markets for Polymers of Propylene or of Other Olefins, in Primary Forms from Iraq in 2022:
- United Arab Emirates (8.5 tons)
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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This report provides an in-depth analysis of the market for polypropylene in primary forms in Iraq.
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This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Iraq.
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This report provides an in-depth analysis of the global market for polypropylene in primary forms.
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This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
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Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
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The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
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