Sulphites; of Sodium Price in Iraq - 2022
Contents:
Sulphites; of Sodium Price in Iraq (CIF) - 2022
The average sulphites; of sodium import price stood at $772 per ton in 2022, dropping by -5.4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 49%. As a result, import price attained the peak level of $1,097 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
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 Italy ($1,486 per ton), while the price for Iran ($352 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites; of Sodium Imports in Iraq
After two years of decline, purchases abroad of sulphites; of sodia increased by 46% to 633 tons in 2022. Over the period under review, imports, however, continue to indicate a abrupt contraction.
In value terms, sulphites; of sodium imports skyrocketed to $488K in 2022. In general, imports, however, faced a abrupt shrinkage.
| Import of Sulphites; of Sodium in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 419 | 492 | 104 | 155 | -28.2% |
| Turkey | 22.0 | 19.6 | 69.4 | 148 | 88.8% |
| United Arab Emirates | 120 | 36.9 | 127 | 122 | 0.6% |
| Italy | 14.3 | 7.4 | 4.8 | 21.3 | 14.2% |
| Iran | 18.7 | 25.2 | 5.4 | 11.1 | -16.0% |
| South Korea | 17.2 | 10.1 | 8.4 | 7.6 | -23.8% |
| India | 76.5 | 32.5 | 14.7 | 1.6 | -72.4% |
| Thailand | 16.5 | N/A | 6.0 | N/A | -39.7% |
| Others | 4.3 | 0.6 | 13.5 | 21.7 | 71.5% |
| Total | 709 | 624 | 353 | 488 | -11.7% |
Top Suppliers of Sulphites; of Sodium to Iraq in 2022:
- China (283.8 tons)
- Turkey (169.5 tons)
- United Arab Emirates (109.4 tons)
- Iran (31.4 tons)
- Italy (14.4 tons)
- South Korea (8.2 tons)
- India (1.3 tons)
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