Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iraq - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iraq (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iraq
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iraq (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $1,570 per ton in 2022, declining by -16.1% against the previous year. In general, the import price, however, continues to indicate a mild increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 70% against the previous year. The import price peaked at $2,989 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +1.2% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iraq
In 2022, overseas purchases of acids; saturated acyclic monocarboxylic acids; vinyl acetates decreased by -17.9% to 13 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 99% against the previous year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates contracted markedly to $20K in 2022. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 165%. As a result, imports reached the peak of $29K, and then dropped sharply in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 5.7 | 11.1 | 29.4 | 20.2 | 52.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.7 | 11.1 | 29.4 | 20.2 | 52.5% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Iraq in 2022:
- Turkey (12.9 tons)
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