Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iraq - 2022
Contents:
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iraq (FOB) - 2022
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iraq (CIF) - 2022
- Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iraq
- Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iraq
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iraq (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses amounted to $541 per ton, with a decrease of -8.6% against the previous year. Over the last three-year period, it increased at an average annual rate of +4.2%. The growth pace was the most rapid in 2021 an increase of 30%. As a result, the export price reached the peak level of $592 per ton, and then contracted in the following year.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($548 per ton), while the average price for exports to Qatar totaled $374 per ton.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+2.0%).
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iraq (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses amounted to $595 per ton, waning by -16.5% against the previous year. In general, the import price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 53%. As a result, import price attained the peak level of $712 per ton, and then declined dramatically in the following year.
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 Turkey ($662 per ton), while the price for Ukraine ($317 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+0.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iraq
After three years of growth, shipments abroad of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses decreased by -19.5% to 10K tons in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 115% against the previous year.
In value terms, exports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses contracted sharply to $5.5M in 2022. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 112%. As a result, the exports reached the peak of $7.5M, and then declined rapidly in the following year.
| Export of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 1.3 | 3.5 | 7.5 | 5.3 | 59.8% |
| Qatar | N/A | N/A | N/A | 0.1 | 0% |
| United Arab Emirates | 0.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.7 | 3.5 | 7.5 | 5.5 | 47.9% |
Top Export Markets for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Iraq in 2022:
- Oman (9.8K tons)
- Qatar (0.4K tons)
Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iraq
In 2022, approx. 7.2K tons of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses were imported into Iraq; waning by -4.9% on the previous year's figure. In general, imports showed a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 11%.
In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses contracted dramatically to $4.3M in 2022. Overall, imports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year.
| Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 9.2 | 2.7 | 4.9 | 3.8 | -25.5% |
| Ukraine | 0.4 | 0.2 | 0.3 | 0.2 | -20.6% |
| Turkey | 1.5 | 0.2 | 0.1 | 0.1 | -59.5% |
| Russia | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 11.5 | 3.2 | 5.4 | 4.3 | -28.0% |
Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Iraq in 2022:
- Iran (6.0K tons)
- Ukraine (0.8K tons)
- Turkey (0.2K tons)
- Russia (0.2K tons)
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