Report Update: May 1, 2024

Iraq - Expansible Polystyrene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Expansible Polystyrene Price in Iraq - 2022

Expansible Polystyrene Price in Iraq (CIF) - 2022

In 2022, the average expansible polystyrene import price amounted to $1,328 per ton, with a decrease of -11.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 41% against the previous year. The import price peaked at $1,899 per ton in 2013; however, from 2014 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 Saudi Arabia ($1,642 per ton), while the price for South Korea ($917 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Expansible Polystyrene Price in Iraq (FOB) - 2022

The average expansible polystyrene export price stood at $1,162 per ton in 2021, rising by 2% against the previous year. Overall, the export price, however, saw a deep slump. Over the period under review, the average export prices attained the peak figure at $1,916 per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2013 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Expansible Polystyrene Imports in Iraq

In 2022, imports of expansible polystyrene in primary forms into Iraq contracted significantly to 5.7K tons, with a decrease of -15.5% on the year before. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 45% against the previous year. As a result, imports reached the peak of 6.8K tons, and then fell remarkably in the following year.

In value terms, expansible polystyrene imports shrank rapidly to $7.6M in 2022. Over the period under review, imports, however, showed a temperate increase. The most prominent rate of growth was recorded in 2021 with an increase of 103%. As a result, imports attained the peak of $10M, and then shrank significantly in the following year.

Import of Expansible Polystyrene in Iraq (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Iran	2.4	2.7	6.1	3.4	12.3%
China	2.1	0.4	1.9	2.2	1.6%
Turkey	0.8	0.9	1.2	1.3	17.6%
South Korea	0.7	0.6	0.7	0.4	-17.0%
Taiwan (Chinese)	0.4	0.1	0.1	0.2	-20.6%
Others	0.3	0.2	0.2	0.1	-30.7%
Total	6.7	5.0	10.2	7.6	4.3%

Top Suppliers of Expansible Polystyrene to Iraq in 2022:

Iran (2541.5 tons)
China (1618.1 tons)
Turkey (870.4 tons)
South Korea (456.0 tons)
Taiwan (Chinese) (146.2 tons)

Expansible Polystyrene Exports in Iraq

In 2021, expansible polystyrene exports from Iraq dropped significantly to 40 tons, declining by -19.1% against the previous year. In general, exports saw a deep setback.

In value terms, expansible polystyrene exports shrank significantly to $47K in 2021. Overall, exports faced a drastic downturn.

Export of Expansible Polystyrene in Iraq (Thousand USD)
COUNTRY	2020	2021	CAGR, 2020-2021
United Arab Emirates	N/A	46.5	0%
Turkey	56.3	N/A	0%
Others	N/A	N/A	0%
Total	56.3	46.5	-17.4%

Top Export Markets for Expansible Polystyrene from Iraq in 2022:

United Arab Emirates (40.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the expansible polystyrene market in Iraq. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20162035 - Expansible polystyrene, in primary forms

Country coverage:

Iraq

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iraq
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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How to outsource production to other countries
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023