Report Update Nov 1, 2024

Iraq - Beef and Veal (Salted, in Brine, Dried or Smoked) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Iraq: Preserved Beef Market 2024

Preserved Beef Market Size in Iraq

The Iraqi preserved beef market reached $X in 2021, picking up by 6% against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Preserved Beef Production in Iraq

In value terms, preserved beef production expanded significantly to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by 19% against the previous year. Preserved beef production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Preserved Beef Exports

Exports from Iraq

After two years of decline, overseas shipments of beef and veal (salted, in brine, dried or smoked) decreased by 0% to X tons in 2020. In general, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2018. Over the period under review, the exports reached the peak figure in 2020 and are likely to see gradual growth in the immediate term.

In value terms, preserved beef exports stood at $X in 2020. Overall, exports posted a significant expansion. The smallest decline of 99.9% was in 2018. Over the period under review, the exports attained the peak figure in 2020 and are likely to see steady growth in the near future.

Exports by Country

Turkey (X tons) was the main destination for preserved beef exports from Iraq, accounting for a approx. 100% share of total exports.

From 2017 to 2020, the average annual growth rate of volume to Turkey was relatively modest.

From 2017 to 2020, the average annual growth rate of value to Turkey was relatively modest.

Export Prices by Country

The average preserved beef export price stood at $X per ton in 2020, remaining stable against the previous year. In general, the export price showed buoyant growth. The growth pace was the most rapid in 2018 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2020 and is likely to continue growth in the immediate term.

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

From 2017 to 2020, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.

Preserved Beef Imports

Imports into Iraq

In 2021, purchases abroad of beef and veal (salted, in brine, dried or smoked) decreased by -35.1% to X kg, falling for the third year in a row after three years of growth. Over the period under review, imports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2016 when imports increased by 736% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, preserved beef imports reduced rapidly to $X in 2021. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2016 when imports increased by 693%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Turkey (X kg), Italy (X kg) and the United Arab Emirates (X kg) were the main suppliers of preserved beef imports to Iraq, together comprising 99% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +414.8%), while imports for the other leaders experienced a decline.

In value terms, the largest preserved beef suppliers to Iraq were Italy ($X), Turkey ($X) and Serbia ($X), together accounting for 98% of total imports.

Italy, with a CAGR of +248.8%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average preserved beef import price amounted to $X per ton, shrinking by -3.3% against the previous year. Overall, the import price continues to indicate a noticeable contraction. The growth pace was the most rapid in 2019 when the average import price increased by 60%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Serbia ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+20.4%), 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 beef and veal (salted, in brine, dried or smoked) in the world?

China remains the largest preserved beef consuming country worldwide, comprising approx. 18% of total volume. Moreover, preserved beef consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 6.1% share.

What are the largest producers of beef and veal (salted, in brine, dried or smoked) in the world?

The country with the largest volume of preserved beef production was China, accounting for 18% of total volume. Moreover, preserved beef production in China exceeded the figures recorded by the second-largest producer, India, threefold. Italy ranked third in terms of total production with a 6.3% share.

What are the leading suppliers of beef and veal (salted, in brine, dried or smoked) to Iraq?

In value terms, Italy constituted the largest supplier of preserved beef to Iraq, comprising 71% of total imports. The second position in the ranking was occupied by Serbia, with a 16% share of total imports. It was followed by the United Arab Emirates, with a 5.8% share.

What is the average export price for beef and veal (salted, in brine, dried or smoked) in Iraq?

In 2020, the average preserved beef export price amounted to $7,579 per ton, leveling off at the previous year.

What is the average import price for beef and veal (salted, in brine, dried or smoked) in Iraq?

The average preserved beef import price stood at $22,100 per ton in 2021, jumping by 38% against the previous year.

This report provides an in-depth analysis of the preserved beef 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 10131200 - Beef and veal salted, in brine, dried or smoked

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