Ester Gums Price in Iraq - 2022
Contents:
Ester Gums Price in Iraq (CIF) - 2022
In 2022, the average ester gums import price amounted to $3,225 per ton, reducing by -3.9% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 55% against the previous year. As a result, import price reached the peak level of $3,357 per ton, and then reduced in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($3,922 per ton), while the price for China totaled $3,215 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%).
Ester Gums Imports in Iraq
In 2022, ester gums imports into Iraq surged to 322 tons, rising by 53% compared with 2021. Overall, imports posted a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 121% against the previous year. As a result, imports reached the peak of 540 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, ester gums imports skyrocketed to $1M in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 115%. As a result, imports attained the peak of $1.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Ester Gums in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 543 | 1,166 | 705 | 1,020 | 23.4% |
| Others | 0.4 | 1.3 | 2.0 | 18.5 | 259.0% |
| Total | 544 | 1,168 | 707 | 1,039 | 24.1% |
Top Suppliers of Ester Gums to Iraq in 2022:
- China (317.3 tons)
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