Price for Lustres; Liquid Lustres and Similar Preparations in Iraq - 2022

Contents:

  1. Price for Lustres; Liquid Lustres and Similar Preparations in Iraq (CIF) - 2022
  2. Price for Lustres; Liquid Lustres and Similar Preparations in Iraq (FOB) - 2022
  3. Imports of Lustres; Liquid Lustres and Similar Preparations in Iraq
  4. Exports of Lustres; Liquid Lustres and Similar Preparations in Iraq

Price for Lustres; Liquid Lustres and Similar Preparations in Iraq (CIF) - 2022

In 2022, the average import price for lustres; liquid lustres and similar preparationses amounted to $21,683 per ton, surging by 60% against the previous year. In general, the import price enjoyed pronounced growth. The pace of growth was the most pronounced in 2018 an increase of 68% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Saudi Arabia ($29,371 per ton), while the price for Egypt ($302 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+21.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Lustres; Liquid Lustres and Similar Preparations in Iraq (FOB) - 2022

The average export price for lustres; liquid lustres and similar preparationses stood at $16,000 per ton in 2021, with a decrease of -92.9% against the previous year. Over the period under review, the export price showed a sharp setback. The export price peaked at $226,000 per ton in 2020, and then fell markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2020 to 2021, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.

Imports of Lustres; Liquid Lustres and Similar Preparations in Iraq

In 2022, after three years of growth, there was significant decline in purchases abroad of lustres; liquid lustres and similar preparationses, when their volume decreased by -60.2% to 445 tons. Over the period under review, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 148% against the previous year. As a result, imports reached the peak of 1.1K tons, and then contracted rapidly in the following year.

In value terms, imports of lustres; liquid lustres and similar preparationses declined dramatically to $9.6M in 2022. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 266% against the previous year. As a result, imports reached the peak of $15M, and then shrank markedly in the following year.

Import of Lustres; Liquid Lustres and Similar Preparations in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan0.11.912.98.3336.2%
Saudi Arabia0.70.60.30.3-24.6%
EgyptN/AN/AN/AN/A0%
Others1.31.62.01.1-5.4%
Total2.04.115.29.668.7%

Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Iraq in 2022:

  1. Jordan (386.3 tons)
  2. Egypt (41.5 tons)
  3. Saudi Arabia (9.8 tons)

Exports of Lustres; Liquid Lustres and Similar Preparations in Iraq

In 2021, approx. 1 kg of lustres; liquid lustres and similar preparationses were exported from Iraq; with a decrease of -66.7% compared with 2020 figures. Over the period under review, exports faced a significant curtailment.

In value terms, exports of lustres; liquid lustres and similar preparationses reduced notably to $16 in 2021. Overall, exports saw a sharp setback.

Export of Lustres; Liquid Lustres and Similar Preparations in Iraq (USD)
COUNTRY20202021CAGR,
2020-2021
GermanyN/A16.00%
Turkey678N/A0%
OthersN/AN/A0%
Total67816.0-97.6%

Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Iraq in 2022:

  1. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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