Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Iraq - 2022

Contents:

  1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Iraq (CIF) - 2022
  2. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Iraq

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Iraq (CIF) - 2022

In 2022, the average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $2,152 per ton, jumping by 19% against the previous year. Overall, the import price recorded a perceptible expansion. The growth pace was the most rapid in 2020 an increase of 472%. As a result, import price attained the peak level of $6,753 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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 ($2,743 per ton), while the price for China ($1,280 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Iraq

In 2022, approx. 404 tons of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s were imported into Iraq; increasing by 42% on 2021. In general, imports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 533%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s skyrocketed to $869K in 2022. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 228%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey28.428.9162428147.0%
ThailandN/A2.2N/A264995.4%
China61.914.133916939.8%
United KingdomN/A259N/AN/A0%
Others2.50.314.97.644.9%
Total92.8304516869110.8%

Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Iraq in 2022:

  1. Turkey (156.1 tons)
  2. China (132.1 tons)
  3. Thailand (114.8 tons)

Source: IndexBox Market Intelligence Platform

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