Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Iraq - 2022

Contents:

  1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Iraq (CIF) - 2022
  2. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Iraq

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Iraq (CIF) - 2022

The average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $4,767 per ton in 2022, waning by -15.1% against the previous year. Overall, the import price saw a abrupt slump. The growth pace was the most rapid in 2021 an increase of 62%. Over the period under review, average import prices attained the peak figure at $9,858 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Germany ($13,871 per ton), while the price for India ($3,765 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Iraq

In 2022, after three years of growth, there was significant decline in overseas purchases of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses, when their volume decreased by -16.4% to 78 tons. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 172% against the previous year.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses declined rapidly to $370K in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 139% against the previous year. As a result, imports attained the peak of $521K, and then fell rapidly in the following year.

Import of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India30.195.6334263106.0%
GermanyN/AN/AN/A59.60%
United Arab Emirates70.5N/A29.711.4-45.5%
Turkey3.62.543.97.024.8%
China28.185.547.1N/A29.5%
BrazilN/A21.5N/AN/A0%
Others9.313.466.728.745.6%
Total14121952137037.9%

Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Iraq in 2022:

  1. India (69.9 tons)
  2. Germany (4.3 tons)
  3. Turkey (0.9 tons)
  4. United Arab Emirates (0.6 tons)

Source: IndexBox Market Intelligence Platform

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