Report Update Nov 1, 2024

Iraq - Agricultural Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Agricultural Appliance Market 2024

Agricultural Appliance Market Size in Iraq

After two years of growth, the Iraqi agricultural appliance market decreased by -40.2% to $X in 2021. In general, consumption, however, saw a remarkable increase. As a result, consumption reached the peak level of $X, and then contracted rapidly in the following year.

Agricultural Appliance Exports

Exports from Iraq

In 2018, after two years of decline, there was growth in overseas shipments of agricultural appliances, when their volume increased by 1.6% to X units. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 50%. As a result, the exports attained the peak of X units. From 2016 to 2018, the growth of the exports remained at a lower figure.

In value terms, agricultural appliance exports soared to $X in 2018. In general, exports posted significant growth. The growth pace was the most rapid in 2015 with an increase of 308%. As a result, the exports attained the peak of $X. From 2016 to 2018, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Iran (X units) was the main destination for agricultural appliance exports from Iraq, with a approx. 100% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to Iran amounted to -8.5%.

In value terms, Iran ($X) also remains the key foreign market for agricultural appliances exports from Iraq.

From 2012 to 2018, the average annual rate of growth in terms of value to Iran amounted to -16.0%.

Export Prices by Country

The average agricultural appliance export price stood at $X per unit in 2018, picking up by 29% against the previous year. Overall, the export price, however, recorded a sharp descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 172%. The export price peaked at $X per unit in 2012; however, from 2013 to 2018, the export prices failed to regain momentum.

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

From 2012 to 2018, the rate of growth in terms of prices for Iran amounted to -8.1% per year.

Agricultural Appliance Imports

Imports into Iraq

In 2021, after two years of growth, there was significant decline in purchases abroad of agricultural appliances, when their volume decreased by -38.4% to X units. Over the period under review, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2017 when imports increased by 185% against the previous year. Over the period under review, imports attained the maximum at X units in 2020, and then shrank remarkably in the following year.

In value terms, agricultural appliance imports dropped significantly to $X in 2021. Overall, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 448%. Imports peaked at $X in 2020, and then shrank dramatically in the following year.

Imports by Country

In 2021, Saudi Arabia (X units) constituted the largest agricultural appliance supplier to Iraq, accounting for a 63% share of total imports. Moreover, agricultural appliance imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Turkey (X units), twofold. The third position in this ranking was taken by Jordan (X units), with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume from Saudi Arabia stood at +63.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+61.0% per year) and Jordan (-23.1% per year).

In value terms, Turkey ($X), Saudi Arabia ($X) and Jordan ($X) appeared to be the largest agricultural appliance suppliers to Iraq, together comprising 89% of total imports.

Among the main suppliers, Saudi Arabia, with a CAGR of +50.9%, 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

In 2021, the average agricultural appliance import price amounted to $X per unit, with a decrease of -15.6% against the previous year. Over the period under review, the import price, however, posted a notable expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 273% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was China ($X per unit), while the price for Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

This report provides an in-depth analysis of the agricultural appliance 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 28306010 - Agricultural or horticultural watering appliances

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