Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Iraq - 2022

Contents:

  1. Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Iraq (CIF) - 2022
  2. Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Iraq

Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Iraq (CIF) - 2022

In 2022, the average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $6,831 per ton, which is down by -10.3% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses increased by +59.8% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 34% against the previous year. Over the period under review, average import prices attained the maximum at $7,613 per ton in 2021, and then dropped 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 Jordan ($13,302 per ton), while the price for Sri Lanka ($5,792 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Iraq

In 2022, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses into Iraq shrank to 2.9K tons, dropping by -8.6% compared with the year before. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of 3.2K tons, and then contracted in the following year.

In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses reduced rapidly to $20M in 2022. Overall, imports, however, showed a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. As a result, imports attained the peak of $24M, and then contracted dramatically in the following year.

Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.03.25.014.152.2%
Turkey0.10.20.54.0242.0%
JordanN/AN/AN/A0.60%
Sri LankaN/AN/A0.20.5150.0%
ThailandN/A0.30.6N/A100.0%
Malaysia5.810.28.2N/A18.9%
United Arab Emirates1.60.90.5N/A-44.1%
Others0.40.89.30.826.0%
Total11.915.724.520.119.1%

Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to Iraq in 2022:

  1. China (2230.4 tons)
  2. Turkey (518.8 tons)
  3. Sri Lanka (83.5 tons)
  4. Jordan (46.2 tons)

Source: IndexBox Market Intelligence Platform

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