Price for Steel, Alloy; Ingots and Other Primary Forms in Iraq - 2022
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Iraq (CIF) - 2022
- Imports of Steel, Alloy; Ingots and Other Primary Forms in Iraq
Price for Steel, Alloy; Ingots and Other Primary Forms in Iraq (CIF) - 2022
In 2022, the average import price for steel, alloy; ingots and other primary formses amounted to $385 per ton, waning by -54.7% against the previous year. In general, the import price recorded a significant decrease. The pace of growth was the most pronounced in 2020 when the average import price increased by 55%. The import price peaked at $16,534 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +21.9% per year.
Imports of Steel, Alloy; Ingots and Other Primary Forms in Iraq
After two years of decline, overseas purchases of steel, alloy; ingots and other primary formses increased by 5,127% to 845 tons in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, alloy; ingots and other primary formses skyrocketed to $325K in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Ingots and Other Primary Forms in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 0.2 | 23.6 | 11.3 | 325 | 1075.7% |
| Iran | 36.8 | N/A | N/A | N/A | 0% |
| Others | N/A | 2.9 | 2.5 | N/A | -13.8% |
| Total | 37.0 | 26.6 | 13.7 | 325 | 106.3% |
Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Iraq in 2022:
- Canada (845.4 tons)
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