Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Iraq - 2022
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Iraq (CIF) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Iraq
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Iraq (CIF) - 2022
The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $4,057 per ton in 2022, growing by 16% against the previous year. In general, the import price posted a slight expansion. The pace of growth was the most pronounced in 2014 an increase of 128% against the previous year. The import price peaked at $4,626 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($4,556 per ton), while the price for India stood at $3,214 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Iraq
In 2022, approx. 632 kg of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds were imported into Iraq; with a decrease of -2.8% on the previous year. In general, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 5.7% against the previous year.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds reached $2.6K in 2022. Overall, imports continue to indicate a precipitous shrinkage.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.4 | 2.2 | 1.2 | 1.8 | 65.1% |
| India | 0.5 | 0.7 | 0.8 | 0.8 | 17.0% |
| Turkey | 6.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.3 | N/A | 0% |
| Total | 7.4 | 2.8 | 2.3 | 2.6 | -29.4% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Iraq in 2022:
- United Arab Emirates (385.0 kg)
- India (238.0 kg)
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