Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Iraq - 2022
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Iraq (CIF) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Iraq
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Iraq (CIF) - 2022
The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $6,583 per ton in 2022, increasing by 56% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia increased by +91.9% against 2019 indices. The import price peaked at $7,865 per ton in 2016; however, from 2017 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 ($12,722 per ton), while the price for Kuwait ($1,381 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Iraq
After two years of decline, overseas purchases of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia increased by 94% to 547 tons in 2022. In general, imports, however, recorded a dramatic slump.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $3.6M in 2022. Overall, imports, however, faced a sharp slump.
Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 1,882 | 709 | 408 | 1,547 | -6.3% |
United Arab Emirates | 1,922 | 729 | 273 | 672 | -29.6% |
China | 1,570 | 654 | 218 | 422 | -35.5% |
Italy | 876 | 15.3 | 7.2 | 229 | -36.1% |
Jordan | 447 | 124 | 52.4 | 146 | -31.1% |
Turkey | 10.2 | 29.2 | 39.0 | 139 | 138.9% |
Greece | 73.5 | 35.3 | 22.9 | 72.5 | -0.5% |
South Korea | 88.5 | 76.5 | 26.7 | 52.8 | -15.8% |
Iran | 152 | 26.5 | 2.6 | 40.2 | -35.8% |
Kuwait | 24.1 | 4.7 | 0.9 | 27.8 | 4.9% |
Others | 635 | 308 | 140 | 254 | -26.3% |
Total | 7,678 | 2,711 | 1,191 | 3,602 | -22.3% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Iraq in 2022:
- United Arab Emirates (157.2 tons)
- France (122.7 tons)
- China (119.6 tons)
- Turkey (29.2 tons)
- Iran (23.2 tons)
- Kuwait (20.1 tons)
- South Korea (19.0 tons)
- Italy (18.4 tons)
- Greece (17.9 tons)
- Jordan (11.5 tons)
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