Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Iraq - 2022

Contents:

  1. Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Iraq (CIF) - 2022
  2. Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Iraq

Price for Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Iraq (CIF) - 2022

In 2022, the average import price for propylene, other olefin polymers; propylene copolymers in primary formses amounted to $1,640 per ton, which is down by -7.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2015 an increase of 24%. The import price peaked at $1,782 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($3,560 per ton), while the price for Iran ($1,131 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Iraq

Imports of propylene, other olefin polymers; propylene copolymers in primary formses into Iraq dropped to 970 tons in 2022, waning by -12.7% compared with 2021 figures. In general, imports saw a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 34%.

In value terms, imports of propylene, other olefin polymers; propylene copolymers in primary formses declined markedly to $1.6M in 2022. Over the period under review, imports recorded a mild contraction. The pace of growth was the most pronounced in 2021 with an increase of 65%. As a result, imports attained the peak of $2M, and then dropped significantly in the following year.

Import of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan4395431,01792128.0%
Iran1,131421427424-27.9%
SingaporeN/AN/A74.5201169.8%
United Arab Emirates88.012267.743.2-21.1%
GermanyN/A111N/AN/A0%
Saudi ArabiaN/AN/A392N/A0%
Others7.24.72.92.3-31.6%
Total1,6651,2031,9801,591-1.5%

Top Suppliers of Propylene, Other Olefin Polymers; Propylene Copolymers in Primary Forms to Iraq in 2022:

  1. Jordan (515.4 tons)
  2. Iran (375.0 tons)
  3. Singapore (56.4 tons)
  4. United Arab Emirates (22.7 tons)

Source: IndexBox Market Intelligence Platform

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