Iraq: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2025

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Iraq

In 2022, after two years of growth, there was significant decline in the Iraqi articles of fiber cement market, when its value decreased by -32.5% to $X. Overall, consumption, however, enjoyed a prominent increase. As a result, consumption attained the peak level of $X, and then fell notably in the following year.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Iraq

Articles of fiber cement exports from Iraq totaled X tons in 2021, leveling off at the previous year's figure. Over the period under review, exports enjoyed significant growth. The smallest decline of -94.1% was in 2013. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, articles of fiber cement exports totaled $X in 2021. In general, exports continue to indicate significant growth. The smallest decline of -86.5% was in 2013. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

The United Arab Emirates (X tons) was the main destination for articles of fiber cement exports from Iraq, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Export Prices by Country

In 2021, the average articles of fiber cement export price amounted to $X per ton, standing approx. at the previous year. In general, the export price saw a resilient expansion. The growth pace was the most rapid in 2013 when the average export price increased by 128%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +127.9% per year.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Iraq

In 2022, after two years of growth, there was significant decline in supplies from abroad of articles of asbestos-cement, cellulose fiber-cement or the like, when their volume decreased by -39.3% to X tons. In general, imports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2013 with an increase of 144%. Imports peaked at X tons in 2021, and then shrank rapidly in the following year.

In value terms, articles of fiber cement imports dropped markedly to $X in 2022. Overall, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 222%. As a result, imports reached the peak of $X, and then dropped sharply in the following year.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of articles of fiber cement to Iraq, with a 84% share of total imports. Moreover, articles of fiber cement imports from Turkey exceeded the figures recorded by the second-largest supplier, India (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume from Turkey totaled +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+50.9% per year) and China (-6.8% per year).

In value terms, Turkey ($X) constituted the largest supplier of articles of asbestos-cement, cellulose fiber-cement or the like to Iraq, comprising 95% of total imports. The second position in the ranking was taken by India ($X), with a 3.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey amounted to +24.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+41.0% per year) and China (+0.7% per year).

Import Prices by Country

The average articles of fiber cement import price stood at $X per ton in 2022, with an increase of 21% against the previous year. Overall, the import price saw a strong expansion. The pace of growth appeared the most rapid in 2014 an increase of 110% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Turkey ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+36.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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