Price for Vegetable Products Not Elsewhere Specified or Included in Iraq - 2022
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Iraq (CIF) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in Iraq (FOB) - 2022
- Imports of Vegetable Products Not Elsewhere Specified or Included in Iraq
- Exports of Vegetable Products Not Elsewhere Specified or Included in Iraq
Price for Vegetable Products Not Elsewhere Specified or Included in Iraq (CIF) - 2022
In 2022, the average import price for vegetable products not elsewhere specified or includeds amounted to $584 per ton, rising by 107% against the previous year. In general, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 142%. Over the period under review, average import prices attained the peak figure at $1,697 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1,749 per ton), while the price for Iran ($539 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 (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetable Products Not Elsewhere Specified or Included in Iraq (FOB) - 2022
In 2022, the average export price for vegetable products not elsewhere specified or includeds amounted to $1,720 per ton, rising by 28% against the previous year. Over the period under review, the export price, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2013 an increase of 82%. The export price peaked at $5,469 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($2,460 per ton), while the average price for exports to the United Arab Emirates ($375 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+36.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetable Products Not Elsewhere Specified or Included in Iraq
For the third consecutive year, Iraq recorded decline in overseas purchases of vegetable products not elsewhere specified or includeds, which decreased by -87.1% to 753 tons in 2022. Overall, imports continue to indicate a precipitous shrinkage. The smallest decline of -4.1% was in 2020.
In value terms, imports of vegetable products not elsewhere specified or includeds fell markedly to $435K in 2022. Over the period under review, imports faced a dramatic decrease. The smallest decline of -3.4% was in 2020.
| Import of Vegetable Products Not Elsewhere Specified or Included in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 2,561 | 2,977 | 2,254 | 373 | -47.4% |
| United Arab Emirates | 582 | 208 | 269 | 19.8 | -67.6% |
| India | 60.9 | 41.6 | 85.1 | 17.0 | -34.6% |
| Turkey | 136 | 72.4 | 13.7 | 9.4 | -59.0% |
| Others | 144 | 67.9 | 125 | 15.7 | -52.2% |
| Total | 3,485 | 3,366 | 2,747 | 435 | -50.0% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Iraq in 2022:
- Iran (692.4 tons)
- India (15.5 tons)
- Turkey (11.3 tons)
- United Arab Emirates (11.3 tons)
Exports of Vegetable Products Not Elsewhere Specified or Included in Iraq
In 2022, shipments abroad of vegetable products not elsewhere specified or includeds decreased by -91.5% to 18 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 165% against the previous year. As a result, the exports reached the peak of 336 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vegetable products not elsewhere specified or includeds dropped sharply to $32K in 2022. In general, exports recorded a precipitous decrease. The growth pace was the most rapid in 2020 when exports increased by 254%. As a result, the exports reached the peak of $362K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Vegetable Products Not Elsewhere Specified or Included in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 74.1 | 274 | 217 | 27.6 | -28.1% |
| Iran | 9.1 | 15.9 | 18.3 | 1.5 | -45.2% |
| United Arab Emirates | 9.5 | 52.3 | 44.5 | 1.4 | -47.2% |
| Saudi Arabia | 3.8 | 12.1 | 0.8 | 0.6 | -46.0% |
| Tunisia | 0.8 | 7.2 | 10.5 | 0.6 | -9.1% |
| Netherlands | 4.5 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.5 | N/A | 123.6% |
| Total | 102 | 362 | 291 | 31.7 | -32.3% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Iraq in 2022:
- Turkey (13.2 tons)
- United Arab Emirates (3.7 tons)
- Iran (0.6 tons)
- Saudi Arabia (0.4 tons)
- Tunisia (0.4 tons)
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