Price for Ammonia; Anhydrous or in Aqueous Solution in Iraq - 2022

Contents:

  1. Price for Ammonia; Anhydrous or in Aqueous Solution in Iraq (CIF) - 2022
  2. Imports of Ammonia; Anhydrous or in Aqueous Solution in Iraq

Price for Ammonia; Anhydrous or in Aqueous Solution in Iraq (CIF) - 2022

The average import price for ammonia; anhydrous or in aqueous solutia stood at $564 per ton in 2022, reducing by -11.7% against the previous year. Overall, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 17% against the previous year. Over the period under review, average import prices hit record highs at $875 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($625 per ton), while the price for Iran ($208 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-2.3%), while the prices for the other major suppliers experienced a decline.

Imports of Ammonia; Anhydrous or in Aqueous Solution in Iraq

After three years of growth, supplies from abroad of ammonia; anhydrous or in aqueous solutia decreased by -3.7% to 658 tons in 2022. 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 most prominent rate of growth was recorded in 2020 when imports increased by 27% against the previous year.

In value terms, imports of ammonia; anhydrous or in aqueous solutia declined dramatically to $371K in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 25%. As a result, imports attained the peak of $437K, and then reduced sharply in the following year.

Import of Ammonia; Anhydrous or in Aqueous Solution in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.8304386188370.9%
China0.120.522.11501044.7%
India0.110.812.217.3457.2%
IranN/A4.28.48.340.6%
Saudi Arabia341N/AN/AN/A0%
Others0.19.58.37.3317.9%
Total3433494373712.7%

Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Iraq in 2022:

  1. Turkey (301.8 tons)
  2. China (279.7 tons)
  3. Iran (39.7 tons)
  4. India (31.8 tons)

Source: IndexBox Market Intelligence Platform

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