Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Iraq - 2022

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Iraq (CIF) - 2022
  2. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Iraq

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Iraq (CIF) - 2022

In 2022, the average import price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,488 per ton, remaining relatively unchanged against the previous year. Overall, the import price recorded a pronounced decrease. The growth pace was the most rapid in 2021 an increase of 16% against the previous year. Over the period under review, average import prices attained the maximum at $3,168 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($2,580 per ton), while the price for the United Arab Emirates amounted to $2,443 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Iraq

In 2022, imports of propylene, other olefin polymers; polyisobutylene in primary formses into Iraq dropped notably to 27 tons, waning by -50.7% on 2021 figures. Over the period under review, imports, however, saw a moderate expansion. The growth pace was the most rapid in 2021 when imports increased by 180% against the previous year. As a result, imports reached the peak of 56 tons, and then declined markedly in the following year.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses fell significantly to $68K in 2022. In general, imports, however, recorded a perceptible increase. The pace of growth appeared the most rapid in 2021 with an increase of 224% against the previous year. As a result, imports reached the peak of $139K, and then declined notably in the following year.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates17.226.311844.937.7%
Turkey42.416.720.823.3-18.1%
OthersN/AN/AN/AN/A0%
Total59.643.013968.24.6%

Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Iraq in 2022:

  1. United Arab Emirates (18.4 tons)
  2. Turkey (9.0 tons)

Source: IndexBox Market Intelligence Platform

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