Iraq: Market for Sulphates Of Barium Or Aluminium 2022

Market Size for Sulphates Of Barium Or Aluminium in Iraq

The Iraqi barium or aluminium sulphates market totaled $X in 2021, picking up by X% 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). In general, consumption continues to indicate a resilient increase. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Exports of Sulphates Of Barium Or Aluminium

Exports from Iraq

In 2021, overseas shipments of sulphates of barium or aluminium increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports posted noticeable growth. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, barium or aluminium sulphates exports soared to $X in 2021. Overall, exports showed a mild setback. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for barium or aluminium sulphates exports from Iraq, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Turkey totaled +X%.

In value terms, Turkey ($X) also remains the key foreign market for barium or aluminium sulphates exports from Iraq.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey stood at -X%.

Export Prices by Country

In 2021, the average barium or aluminium sulphates export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, recorded a noticeable decrease. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to -X% per year.

Imports of Sulphates Of Barium Or Aluminium

Imports into Iraq

In 2021, overseas purchases of sulphates of barium or aluminium were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, barium or aluminium sulphates imports stood at $X in 2021. Over the period under review, imports showed a remarkable increase. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of barium or aluminium sulphates to Iraq, with a X% share of total imports. Moreover, barium or aluminium sulphates imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. Iran (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Iran (+X% per year).

In value terms, China ($X) constituted the largest supplier of barium or aluminium sulphates to Iraq, comprising X% of total imports. The second position in the ranking was occupied by Iran ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+X% per year) and Turkey (+X% per year).

Import Prices by Country

In 2021, the average barium or aluminium sulphates import price amounted to $X per ton, shrinking by -X% against the previous year. In general, the import price showed a pronounced decrease. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Lebanon ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lebanon (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform