Chromium Trioxide Price in Iraq - 2022
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Chromium Trioxide Price in Iraq (CIF) - 2022
The average chromium trioxide import price stood at $2,929 per ton in 2022, approximately equating the previous year. Overall, the import price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 131% against the previous year. As a result, import price reached the peak level of $9,967 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($3,500 per ton), while the price for the United Arab Emirates totaled $2,928 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.3%).
Chromium Trioxide Imports in Iraq
In 2022, overseas purchases of chromium trioxides decreased by -8.3% to 3.6 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of 4 tons, and then shrank in the following year.
In value terms, chromium trioxide imports declined to $11K in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 18% against the previous year.
Import of Chromium Trioxide in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 8.2 | 9.7 | 11.4 | 10.6 | 8.9% |
Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
Total | 8.3 | 9.8 | 11.5 | 10.6 | 8.5% |
Top Suppliers of Chromium Trioxide to Iraq in 2022:
- United Arab Emirates (3.6 tons)
This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in Iraq.
This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in Iraq.
This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
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