Price for Silicates; Commercial Alkali Metal Silicates in Iraq - 2022

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates in Iraq (CIF) - 2022
  2. Imports of Silicates; Commercial Alkali Metal Silicates in Iraq

Price for Silicates; Commercial Alkali Metal Silicates in Iraq (CIF) - 2022

The average import price for silicates; commercial alkali metal silicateses stood at $1,032 per ton in 2022, surging by 77% against the previous year. Overall, the import price, however, recorded a pronounced decline. Over the period under review, average import prices attained the peak figure at $1,281 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($6,340 per ton), while the price for Iran ($390 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Silicates; Commercial Alkali Metal Silicates in Iraq

In 2022, overseas purchases of silicates; commercial alkali metal silicateses decreased by -25.4% to 245 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 3.8% against the previous year. As a result, imports reached the peak of 850 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, silicates; commercial alkali metal silicates imports surged to $253K in 2022. In general, imports saw a abrupt setback.

Import of Silicates; Commercial Alkali Metal Silicates in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran11182.772.367.8-15.2%
Saudi Arabia43.074.341.742.3-0.5%
China65.238.430.638.7-16.0%
Turkey14.49.06.122.415.9%
United Kingdom17.773.919.618.31.1%
EgyptN/AN/AN/A14.10%
United Arab Emirates25.771.96.22.6-53.4%
Others61.858.614.846.5-9.0%
Total339409191253-9.3%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Iraq in 2022:

  1. Iran (173.6 tons)
  2. China (17.1 tons)
  3. Turkey (16.7 tons)
  4. Saudi Arabia (16.0 tons)
  5. Egypt (9.8 tons)
  6. United Kingdom (2.9 tons)
  7. United Arab Emirates (1.9 tons)

Source: IndexBox Market Intelligence Platform

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