
Iraq - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights
Iraq: Potassium Chloride (Mop) Market 2023
Potassium Chloride (Mop) Market Size in Iraq
The Iraqi potassium chloride (MOP) market skyrocketed to $X in 2021, growing by 31% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a buoyant expansion. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.
Potassium Chloride (Mop) Exports
Exports by Country
Romania (X kg) was the main destination for potassium chloride (MOP) exports from Iraq, accounting for a approx. 100% share of total exports.
From 2015 to 2015, the average annual rate of growth in terms of volume to Romania was relatively modest.
From 2015 to 2015, the average annual growth rate of value to Romania was relatively modest.
Potassium Chloride (Mop) Imports
Imports into Iraq
In 2021, potassium chloride (mop) imports into Iraq totaled X tons, with an increase of 3.4% against the previous year's figure. In general, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of 429%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.
In value terms, potassium chloride (MOP) imports soared to $X in 2021. Over the period under review, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 321% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.
Imports by Country
The United Arab Emirates (X tons), Belarus (X tons) and Turkey (X tons) were the main suppliers of potassium chloride (MOP) imports to Iraq, together accounting for 100% of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +317.2%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest potassium chloride (MOP) suppliers to Iraq were the United Arab Emirates ($X), Belarus ($X) and Turkey ($X), with a combined 100% share of total imports.
Among the main suppliers, Turkey, with a CAGR of +263.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average potassium chloride (MOP) import price stood at $X per ton in 2021, with an increase of 46% against the previous year. Over the period under review, the import price, however, saw a noticeable shrinkage. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+25.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the potassium chloride (mop) market in Iraq. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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