Report Update Nov 1, 2024

Iraq - Animal and Pet Feed - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Animal Feed Market 2024

Animal Feed Market Size in Iraq

In 2022, the Iraqi animal feed market decreased by -0.5% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption continues to indicate buoyant growth. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Animal Feed Production in Iraq

In value terms, animal feed production reduced slightly to $X in 2022 estimated in export price. In general, production enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 71%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Animal Feed Exports

Exports from Iraq

In 2022, the amount of animal and pet feed exported from Iraq plummeted to X tons, reducing by -19.9% against the previous year. In general, exports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of 710%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, animal feed exports contracted markedly to $X in 2022. Overall, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 524%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Turkey (X tons) was the main destination for animal feed exports from Iraq, with a approx. 99.9% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Turkey totaled +6.3%.

In value terms, Turkey ($X) also remains the key foreign market for animal and pet feed exports from Iraq.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey stood at +14.8%.

Export Prices by Country

The average animal feed export price stood at $X per ton in 2022, stabilizing at the previous year. Overall, the export price, however, enjoyed a strong increase. The growth pace was the most rapid in 2017 when the average export price increased by 153% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, 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 Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +380.8% per year.

Animal Feed Imports

Imports into Iraq

After two years of growth, supplies from abroad of animal and pet feed decreased by -12.9% to X tons in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 46%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, animal feed imports dropped to $X in 2022. Over the period under review, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2013 with an increase of 38% against the previous year. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Turkey (X tons) constituted the largest animal feed supplier to Iraq, with a 77% share of total imports. Moreover, animal feed imports from Turkey exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold. Belgium (X tons) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to +1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-1.4% per year) and Belgium (+3.1% per year).

In value terms, Turkey ($X) constituted the largest supplier of animal and pet feed to Iraq, comprising 49% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 9.5% share of total imports. It was followed by Belgium, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey amounted to +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+4.9% per year) and Belgium (+7.8% per year).

Import Prices by Country

In 2022, the average animal feed import price amounted to $X per ton, growing by 6.6% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, animal feed import price decreased by -5.3% against 2020 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 40% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Jordan ($X per ton), while the price for Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+19.6%), 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 animal and pet feed in the world?

The country with the largest volume of animal feed consumption was China, comprising approx. 15% of total volume. Moreover, animal feed consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Japan, with a 4.5% share.

What are the largest producers of animal and pet feed in the world?

The country with the largest volume of animal feed production was China, accounting for 16% of total volume. Moreover, animal feed production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Japan, with a 4.5% share.

What are the leading suppliers of animal and pet feed to Iraq?

In value terms, the largest animal feed suppliers to Iraq were Turkey, the Netherlands and Jordan, with a combined 73% share of total imports. These countries were followed by Belgium, Saudi Arabia and the United Arab Emirates, which together accounted for a further 17%.

What are the leading importers of animal and pet feed from Iraq?

In value terms, Turkey remains the key foreign market for animal feed exports from Iraq, comprising 84% of total exports. The second position in the ranking was occupied by Malaysia, with a 16% share of total exports.

What is the average export price for animal and pet feed in Iraq?

The average animal feed export price stood at $1,444 per ton in 2021, picking up by 31% against the previous year.

What is the average import price for animal and pet feed in Iraq?

The average animal feed import price stood at $765 per ton in 2021, reducing by -10.2% against the previous year.

This report provides an in-depth analysis of the animal feed 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 10911010 - Premixtures for farm animal feeds
Prodcom 10911033 - Preparations used for farm animal feeding (excluding premixtures): pigs
Prodcom 10911035 - Preparations used for farm animal feeding (excluding premixtures): cattle
Prodcom 10911037 - Preparations used for farm animal feeding (excluding premixtures): poultry
Prodcom 10921060 - Preparations used for feeding pets (excluding preparations for cats or dogs, p.r.s.)

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