Iraq: Market for Granules, Chippings And Powder Of Monumental Stone 2022

Market Size for Granules, Chippings And Powder Of Monumental Stone in Iraq

In 2021, the Iraqi market for granules, chippings and powder of monumental stone increased by X% to $X for the first time since 2014, thus ending a six-year declining trend. In general, consumption continues to indicate a relatively flat trend pattern. Monumental stone granules and powder consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports from Iraq

In 2021, shipments abroad of granules, chippings and powder of monumental stone decreased by -X% to X kg for the first time since 2016, thus ending a four-year rising trend. Over the period under review, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, monumental stone granules and powder exports soared to $X in 2021. In general, exports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for monumental stone granules and powder exports from Iraq, accounting for a approx. X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Canada totaled +X%.

In value terms, Canada ($X) also remains the key foreign market for monumental stone granules and powder exports from Iraq.

From 2012 to 2020, the average annual rate of growth in terms of value to Canada totaled +X%.

Export Prices by Country

The average export price for granules, chippings and powder of monumental stone stood at $X per ton in 2020, falling by -X% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2014 an increase of X%. The export price peaked at $X per ton in 2019, and then dropped remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2020, the rate of growth in terms of prices for Canada amounted to +X% per year.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports into Iraq

In 2021, after six years of decline, there was significant growth in purchases abroad of granules, chippings and powder of monumental stone, when their volume increased by X% to X tons. Overall, imports continue to indicate a relatively flat trend pattern. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, monumental stone granules and powder imports surged to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2020, Iran (X tons) constituted the largest monumental stone granules and powder supplier to Iraq, with a X% share of total imports. Moreover, monumental stone granules and powder imports from Iran exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold.

From 2012 to 2020, the average annual rate of growth in terms of volume from Iran totaled -X%.

In value terms, Iran ($X) constituted the largest supplier of monumental stone granules and powder to Iraq, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of value from Iran totaled -X%.

Import Prices by Country

The average import price for granules, chippings and powder of monumental stone stood at $X per ton in 2020, with a decrease of -X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. The import price peaked at $X per ton in 2019, and then fell significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Turkey ($X per ton), while the price for Iran totaled $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Iran (+X%).

Source: IndexBox Market Intelligence Platform

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