Report Update Nov 1, 2024

Iraq - Sulphur - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Sulphur Market 2024

Sulphur Market Size in Iraq

The Iraqi sulphur market contracted remarkably to $X in 2022, which is down by -51.8% against the previous year. Overall, consumption, however, posted significant growth. As a result, consumption attained the peak level of $X, and then fell remarkably in the following year.

Sulphur Production in Iraq

In value terms, sulphur production declined markedly to $X in 2022 estimated in export price. Over the period under review, production, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 202,299%. As a result, production attained the peak level of $X, and then declined significantly in the following year.

Sulphur Exports

Exports from Iraq

In 2022, approx. X tons of sulphur were exported from Iraq; surging by 1,353% against the previous year's figure. Overall, exports showed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphur exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for sulphur exports from Iraq, accounting for a 89% share of total exports. Moreover, sulphur exports to China exceeded the volume sent to the second major destination, India (X tons), more than tenfold. The third position in this ranking was held by Syrian Arab Republic (X tons), with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +32.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-5.9% per year) and Syrian Arab Republic (+3.0% per year).

In value terms, China ($X) remains the key foreign market for sulphur exports from Iraq, comprising 92% of total exports. The second position in the ranking was held by India ($X), with a 2.8% share of total exports. It was followed by Egypt, with a 2.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China totaled +55.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+4.1% per year) and Egypt (-7.1% per year).

Export Prices by Country

The average sulphur export price stood at $X per ton in 2022, with an increase of 29% against the previous year. Over the period under review, the export price saw a strong increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 44%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphur Imports

Imports into Iraq

In 2022, imports of sulphur into Iraq declined notably to X tons, waning by -96.3% against the previous year's figure. In general, imports faced a sharp setback. The growth pace was the most rapid in 2018 when imports increased by 65%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sulphur imports surged to $X in 2022. Over the period under review, imports saw a abrupt shrinkage. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Iran (X tons) was the main sulphur supplier to Iraq, accounting for a 97% share of total imports. It was followed by Turkey (X kg), with a 0.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Iran stood at -27.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-21.6% per year) and India (-72.6% per year).

In value terms, Iran ($X) constituted the largest supplier of sulphur to Iraq, comprising 60% of total imports. The second position in the ranking was taken by Turkey ($X), with a 0.5% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Iran totaled +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-10.2% per year) and India (-56.7% per year).

Import Prices by Country

The average sulphur import price stood at $X per ton in 2022, increasing by 3,942% against the previous year. In general, the import price continues to indicate a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 India ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+98.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sulphur in the world?

China remains the largest sulphur consuming country worldwide, comprising approx. 35% of total volume. Moreover, sulphur consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. Morocco ranked third in terms of total consumption with a 7.2% share.

What are the largest producers of sulphur in the world?

China remains the largest sulphur producing country worldwide, comprising approx. 18% of total volume. Moreover, sulphur production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. Russia ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of sulphur to Iraq?

In value terms, Iran constituted the largest supplier of sulphur to Iraq, comprising 81% of total imports. The second position in the ranking was occupied by Turkey, with a 19% share of total imports.

What are the leading importers of sulphur from Iraq?

In value terms, Pakistan remains the key foreign market for sulphur exports from Iraq, comprising 57% of total exports. The second position in the ranking was occupied by Egypt, with a 19% share of total exports. It was followed by India, with a 15% share.

What is the average export price for sulphur in Iraq?

The average sulphur export price stood at $198 per ton in 2021, waning by -2.5% against the previous year.

What is the average import price for sulphur in Iraq?

In 2021, the average sulphur import price amounted to $118 per ton, with an increase of 2.3% against the previous year.

This report provides an in-depth analysis of the sulphur 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:

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

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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
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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