Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Iraq - 2022
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Iraq (CIF) - 2022
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Iraq (FOB) - 2022
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Iraq
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Iraq
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Iraq (CIF) - 2022
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $1,809 per ton in 2022, which is down by -6.6% against the previous year. Over the period under review, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 12% against the previous year. The import price peaked at $2,416 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 ($3,437 per ton), while the price for India ($58 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 (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Iraq (FOB) - 2022
In 2022, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $2,288 per ton, surging by 9.4% against the previous year. In general, the export price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2014 an increase of 54%. As a result, the export price attained the peak level of $5,552 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($5,794 per ton), while the average price for exports to Turkey totaled $2,178 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-4.1%).
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Iraq
Imports of soups and broths and preparations therefor; homogenised composite food preparationses into Iraq was estimated at 10K tons in 2022, standing approx. at the previous year. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 10% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses dropped to $18M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 12%. As a result, imports reached the peak of $19M, and then declined in the following year.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 7.7 | 9.2 | 9.2 | 7.8 | 0.4% |
| United Arab Emirates | 3.3 | 1.9 | 2.8 | 3.7 | 3.9% |
| Iran | 2.0 | 0.7 | 1.7 | 1.6 | -7.2% |
| Spain | 1.7 | 2.2 | 2.1 | 1.6 | -2.0% |
| Jordan | 0.2 | 0.2 | 0.5 | 0.5 | 35.7% |
| India | N/A | N/A | N/A | N/A | 0% |
| Others | 2.4 | 2.9 | 3.1 | 3.0 | 7.7% |
| Total | 17.3 | 17.2 | 19.3 | 18.3 | 1.9% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Iraq in 2022:
- Turkey (5.3K tons)
- United Arab Emirates (1.1K tons)
- Iran (0.9K tons)
- Spain (0.8K tons)
- India (0.2K tons)
- Jordan (0.2K tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Iraq
In 2022, exports of soups and broths and preparations therefor; homogenised composite food preparationses from Iraq declined dramatically to 1.1 tons, which is down by -46.6% against 2021 figures. Overall, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 852% against the previous year. As a result, the exports reached the peak of 2 tons, and then reduced dramatically in the following year.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses dropped significantly to $2.5K in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 496%. As a result, the exports attained the peak of $4.2K, and then dropped markedly in the following year.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 3.1 | 0.7 | 4.2 | 2.3 | -9.5% |
| United Kingdom | N/A | N/A | N/A | 0.2 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.1 | 0.7 | 4.2 | 2.5 | -6.9% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Iraq in 2022:
- Turkey (1046.0 kg)
- United Kingdom (34.0 kg)
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