Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Iraq - 2022

Contents:

  1. Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Iraq (CIF) - 2022
  2. Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Iraq (FOB) - 2022
  3. Imports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Iraq
  4. Exports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Iraq

Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Iraq (CIF) - 2022

In 2022, the average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses amounted to $2,015 per ton, rising by 3.6% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 25%. The import price peaked at $2,121 per ton in 2012; however, from 2013 to 2022, 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 Italy ($2,892 per ton), while the price for Turkey ($1,796 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Iraq (FOB) - 2022

The average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $1,549 per ton in 2022, jumping by 94% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $3,102 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, 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 -0.4% per year.

Imports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Iraq

In 2022, after two years of decline, there was significant growth in supplies from abroad of cellulose ethers; carboxymethylcellulose and its salts, in primary formses, when their volume increased by 72% to 4.3K tons. Overall, total imports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses soared to $8.7M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.81.31.93.911.7%
Turkey1.52.41.62.417.0%
United Arab Emirates1.40.90.31.52.3%
Italy0.10.20.30.344.2%
India0.20.20.20.20.0%
Others0.30.40.60.518.6%
Total6.25.54.98.712.0%

Top Suppliers of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms to Iraq in 2022:

  1. China (2053.7 tons)
  2. Turkey (1332.6 tons)
  3. United Arab Emirates (635.5 tons)
  4. Italy (115.4 tons)
  5. India (106.9 tons)

Exports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Iraq

For the fourth consecutive year, Iraq recorded growth in shipments abroad of cellulose ethers; carboxymethylcellulose and its salts, in primary formses, which increased by 0.5% to 4 tons in 2022. The total export volume increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 17% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses skyrocketed to $6.3K in 2022. Overall, exports, however, saw a abrupt decrease.

Export of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey9.36.32.36.3-12.2%
United Arab EmiratesN/AN/A0.9N/A0%
OthersN/AN/AN/AN/A0%
Total9.36.33.26.3-12.2%

Top Export Markets for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms from Iraq in 2022:

  1. Turkey (4.0 tons)

Source: IndexBox Market Intelligence Platform

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