Phenols; Phenol-Alcohols Price in Iraq - 2022

Contents:

  1. Phenols; Phenol-Alcohols Price in Iraq (CIF) - 2022
  2. Phenols; Phenol-Alcohols Imports in Iraq

Phenols; Phenol-Alcohols Price in Iraq (CIF) - 2022

In 2022, the average phenols; phenol-alcohols import price amounted to $2,970 per ton, surging by 6.4% against the previous year. Over the period under review, the import price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 39%. The import price peaked at $7,445 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 India ($7,327 per ton), while the price for Iran ($806 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-5.9%), while the prices for the other major suppliers experienced a decline.

Phenols; Phenol-Alcohols Imports in Iraq

In 2022, approx. 66 tons of phenols; phenol-alcoholses were imported into Iraq; surging by 24% compared with the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern.

In value terms, phenols; phenol-alcohols imports surged to $197K in 2022. Overall, imports, however, saw a abrupt setback.

Import of Phenols; Phenol-Alcohols in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India52.986.130.098.423.0%
Saudi Arabia12494.372.165.1-19.3%
United Kingdom12.22.812.419.015.9%
Iran18.021.915.513.0-10.3%
United Arab Emirates31.737.518.50.7-71.9%
Others2.42.41.61.4-16.4%
Total241245150197-6.5%

Top Suppliers of Phenols; Phenol-Alcohols to Iraq in 2022:

  1. Saudi Arabia (32.2 tons)
  2. Iran (16.1 tons)
  3. India (13.4 tons)
  4. United Kingdom (3.8 tons)
  5. United Arab Emirates (0.7 tons)

Source: IndexBox Market Intelligence Platform

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