Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Iraq - 2022
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Iraq (CIF) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Iraq
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Iraq (CIF) - 2022
In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $267 per ton, flattening at the previous year. Over the period under review, the import price, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 93% against the previous year. Over the period under review, average import prices hit record highs at $1,505 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Jordan ($914 per ton), while the price for Iran ($72 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Iraq
For the fourth consecutive year, Iraq recorded growth in overseas purchases of silicates; commercial alkali metal silicates, other than of sodium or potassia, which increased by 3.3% to 227 tons in 2022. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 7.6%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia totaled $61K in 2022. Over the period under review, imports, however, recorded a abrupt curtailment.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 48.0 | 28.3 | 28.3 | 27.9 | -16.5% |
| Jordan | 11.4 | 8.3 | 10.2 | 12.3 | 2.6% |
| Iran | 8.4 | 6.7 | 8.8 | 10.0 | 6.0% |
| China | 12.1 | 7.4 | 7.6 | 7.1 | -16.3% |
| India | 1.4 | 1.3 | 1.8 | 2.2 | 16.3% |
| United Kingdom | N/A | 11.0 | N/A | N/A | 0% |
| Others | 0.7 | 0.2 | 1.3 | 1.1 | 16.3% |
| Total | 81.9 | 63.2 | 58.1 | 60.6 | -9.6% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Iraq in 2022:
- Iran (138.5 tons)
- United Arab Emirates (47.4 tons)
- China (19.8 tons)
- Jordan (13.5 tons)
- India (6.3 tons)
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