Price for Steel, Alloy; Semi-Finished Products in Iraq - 2022
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Iraq (CIF) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Iraq
Price for Steel, Alloy; Semi-Finished Products in Iraq (CIF) - 2022
The average steel, alloy; semi-finished products import price stood at $5,087 per ton in 2022, increasing by 4.7% against the previous year. Overall, the import price posted a resilient increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 117%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($5,884 per ton), while the price for Saudi Arabia ($4,020 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 (+156.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Alloy; Semi-Finished Products in Iraq
In 2022, after two years of decline, there was significant growth in supplies from abroad of steel, alloy; semi-finished productses, when their volume increased by 97% to 11 tons. Overall, imports, however, showed a abrupt decline.
In value terms, steel, alloy; semi-finished products imports surged to $55K in 2022. In general, imports, however, showed a abrupt setback.
| Import of Steel, Alloy; Semi-Finished Products in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.7 | 2.2 | 2.5 | 21.5 | 213.2% |
| Saudi Arabia | 21.3 | 28.0 | 12.5 | 18.6 | -4.4% |
| United States | 12.3 | 21.1 | 11.7 | 14.9 | 6.6% |
| Italy | 19.2 | N/A | N/A | N/A | 0% |
| Others | 22.3 | N/A | N/A | N/A | 0% |
| Total | 75.8 | 51.3 | 26.7 | 55.0 | -10.1% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Iraq in 2022:
- Saudi Arabia (4.6 tons)
- Turkey (3.6 tons)
- United States (2.5 tons)
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