Price for Sodium Sulphates; Disodium Sulphate in Iraq - 2022

Contents:

  1. Price for Sodium Sulphates; Disodium Sulphate in Iraq (CIF) - 2022
  2. Imports of Sodium Sulphates; Disodium Sulphate in Iraq

Price for Sodium Sulphates; Disodium Sulphate in Iraq (CIF) - 2022

The average sodium sulphates; disodium sulphate import price stood at $113 per ton in 2022, waning by -20.2% against the previous year. Overall, the import price showed a abrupt slump. The pace of growth was the most pronounced in 2013 an increase of 105%. The import price peaked at $576 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($117 per ton), while the price for Iran stood at $91 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.3%).

Imports of Sodium Sulphates; Disodium Sulphate in Iraq

In 2022, the amount of sodium sulphates; disodium sulphates imported into Iraq rose to 720 tons, increasing by 4.4% on the previous year. The total import volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. As a result, imports attained the peak of 769 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sodium sulphates; disodium sulphate imports shrank notably to $81K in 2022. Overall, imports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 50%. As a result, imports reached the peak of $98K, and then reduced rapidly in the following year.

Import of Sodium Sulphates; Disodium Sulphate in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey60.838.183.970.14.9%
Iran29.26.513.611.2-27.3%
ChinaN/A20.4N/AN/A0%
Others5.00.20.1N/A-85.9%
Total95.065.197.681.4-5.0%

Top Suppliers of Sodium Sulphates; Disodium Sulphate to Iraq in 2022:

  1. Turkey (597.0 tons)
  2. Iran (123.1 tons)

Source: IndexBox Market Intelligence Platform

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