Price for Rosin and Resin Acids in Iraq - 2022
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Price for Rosin and Resin Acids in Iraq (CIF) - 2022
In 2022, the average rosin and resin acids import price amounted to $3,351 per ton, picking up by 16% against the previous year. Over the period under review, the import price showed a tangible increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 115%. Over the period under review, average import prices attained the peak figure at $3,549 per ton in 2020; however, from 2021 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 the United Arab Emirates ($12,947 per ton), while the price for Austria ($1,486 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Rosin and Resin Acids in Iraq
In 2022, the amount of rosin and resin acidses imported into Iraq skyrocketed to 3.5 tons, growing by 345% against 2021. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 776% against the previous year. As a result, imports attained the peak of 5.6 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, rosin and resin acids imports soared to $12K in 2022. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 1,517%. As a result, imports attained the peak of $20K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Rosin and Resin Acids in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | 0.9 | 0.5 | 5.0 | 135.7% |
| China | 0.4 | 3.8 | 0.8 | 4.1 | 117.2% |
| United Arab Emirates | 0.8 | 12.7 | 0.2 | 1.7 | 28.6% |
| Austria | N/A | 0.6 | 0.2 | 0.4 | -18.4% |
| Others | N/A | 1.8 | 0.6 | 0.4 | -52.9% |
| Total | 1.2 | 19.8 | 2.3 | 11.7 | 113.6% |
Top Suppliers of Rosin and Resin Acids to Iraq in 2022:
- China (1590.0 kg)
- Turkey (1264.0 kg)
- Austria (294.0 kg)
- United Arab Emirates (132.0 kg)
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This report provides an in-depth analysis of the market for rosin and resin acids in Iraq.
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This report provides an in-depth analysis of the global market for rosin and resin acids.
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This report provides an in-depth analysis of the market for rosin and resin acids in Iraq.
775
This report provides an in-depth analysis of the global market for rosin and resin acids.
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In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
703
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
696
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
703
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
