Price for Railway or Tramway Track Constructions of Iron or Steel in Iraq - 2022

Contents:

  1. Price for Railway or Tramway Track Constructions of Iron or Steel in Iraq (CIF) - 2022
  2. Imports of Railway or Tramway Track Constructions of Iron or Steel in Iraq

Price for Railway or Tramway Track Constructions of Iron or Steel in Iraq (CIF) - 2022

In 2022, the average import price for railway or tramway track constructions of iron or steel amounted to $1,471 per ton, jumping by 25% against the previous year. Overall, the import price, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2015 an increase of 68% against the previous year. As a result, import price reached the peak level of $2,036 per ton. From 2016 to 2022, the average 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 Italy ($12,015 per ton), while the price for China ($698 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+31.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Iraq

For the third year in a row, Iraq recorded decline in supplies from abroad of railway or tramway track constructions of iron or steel, which decreased by -52.2% to 761 tons in 2022. In general, imports saw a dramatic contraction. The smallest decline of -31.6% was in 2020.

In value terms, imports of railway or tramway track constructions of iron or steel fell remarkably to $1.1M in 2022. Over the period under review, imports continue to indicate a dramatic setback. The smallest decline of -27.9% was in 2020.

Import of Railway or Tramway Track Constructions of Iron or Steel in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2,6851,348730954-29.2%
United Arab Emirates51512458.5102-41.7%
China8821,48715836.5-65.4%
Spain117292N/A16.4-48.1%
Russia270N/A185N/A-17.2%
Iran70.6286N/AN/A305.1%
Saudi ArabiaN/AN/A661N/A0%
Others47075.083.310.9-71.5%
Total5,0103,6111,8751,120-39.3%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Iraq in 2022:

  1. Turkey (665.9 tons)
  2. China (52.4 tons)
  3. United Arab Emirates (27.6 tons)
  4. Spain (10.7 tons)

Source: IndexBox Market Intelligence Platform

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