Report Update Nov 1, 2024

Iraq - Accordions and Mouth Organs - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Accordion Market 2024

Accordion Market Size in Iraq

The Iraqi accordion market fell modestly to $X in 2021, waning by -3.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a significant increase. Over the period under review, the market hit record highs at $X in 2020, and then dropped modestly in the following year.

Accordion Exports

Exports from Iraq

In 2017, overseas shipments of accordions and mouth organs decreased by 0% to X units for the first time since 2014, thus ending a two-year declining trend. Overall, exports enjoyed a significant expansion. The smallest decline of 99.9% was in 2015. The exports peaked in 2017 and are likely to see steady growth in the immediate term.

In value terms, accordion exports stood at $X in 2017. In general, exports recorded a significant increase. The smallest decline of 99.9% was in 2015. The exports peaked in 2017 and are expected to retain growth in years to come.

Exports by Country

Jordan (X units) was the main destination for accordion exports from Iraq, accounting for a approx. 100% share of total exports.

From 2014 to 2017, the average annual growth rate of volume to Jordan was relatively modest.

From 2014 to 2017, the average annual rate of growth in terms of value to Jordan was relatively modest.

Export Prices by Country

In 2017, the average accordion export price amounted to $X per unit, standing approx. at the previous year. Over the period under review, the export price showed a dramatic descent. The pace of growth appeared the most rapid in 2015 a decrease of 99.9% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2017, 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 Jordan.

From 2014 to 2017, the rate of growth in terms of prices for Jordan amounted to 0.0% per year.

Accordion Imports

Imports into Iraq

In 2021, approx. X units of accordions and mouth organs were imported into Iraq; picking up by 14% against the previous year. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2018 when imports increased by 332% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in years to come.

In value terms, accordion imports dropped sharply to $X in 2021. Over the period under review, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 131% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then plummeted in the following year.

Imports by Country

The United Arab Emirates (X units), China (X units) and Lebanon (X units) were the main suppliers of accordion imports to Iraq, with a combined 93% share of total imports. These countries were followed by Turkey, which accounted for a further 6.5%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +38.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest accordion suppliers to Iraq were the United Arab Emirates ($X), China ($X) and Lebanon ($X), together accounting for 93% of total imports.

Among the main suppliers, the United Arab Emirates, with a CAGR of +34.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average accordion import price stood at $X per unit in 2021, declining by -34.5% against the previous year. In general, the import price saw a abrupt descent. The growth pace was the most rapid in 2014 when the average import price increased by 57% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for accordions and mouth organs in the world?

The country with the largest volume of accordion consumption was El Salvador, accounting for 28% of total volume. Moreover, accordion consumption in El Salvador exceeded the figures recorded by the second-largest consumer, the U.S., twofold. The third position in this ranking was occupied by China, with a 11% share.

What are the largest producers of accordions and mouth organs in the world?

The country with the largest volume of accordion production was China, accounting for 53% of total volume. Moreover, accordion production in China exceeded the figures recorded by the second-largest producer, Indonesia, sixfold. India ranked third in terms of total production with a 6.6% share.

What are the leading suppliers of accordions and mouth organs to Iraq?

In value terms, the United Arab Emirates constituted the largest supplier of accordion to Iraq, comprising 66% of total imports. The second position in the ranking was occupied by China, with a 29% share of total imports.

What are the leading importers of accordions and mouth organs from Iraq?

In value terms, Austria $46) remains the key foreign market for accordion exports from Iraq, comprising 87% of total exports. The second position in the ranking was occupied by Finland $7), with a 13% share of total exports.

What is the average export price for accordions and mouth organs in Iraq?

The average accordion export price stood at $3.2 per unit in 2018, remaining constant against the previous year.

What is the average import price for accordions and mouth organs in Iraq?

In 2020, the average accordion import price amounted to $3.5 per unit, falling by -83.4% against the previous year.

This report provides an in-depth analysis of the accordion 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 32201340 - Accordions and similar instruments, mouth organs

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:

Take advantage of the latest data
Find deeper insights into current market developments
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
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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