Iraq - Brushes Constituting Parts of Appliances - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIraq: Appliance Part Brush Market 2024
Appliance Part Brush Market Size in Iraq
The Iraqi appliance part brush market surged to $X in 2022, with an increase of 67% 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 showed significant growth. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.
Appliance Part Brush Exports
Exports from Iraq
In 2022, shipments abroad of brushes constituting parts of appliances decreased by 0% to less than X units, falling for the second consecutive year after two years of decline. Over the period under review, exports showed a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, appliance part brush exports stood at $X in 2022. In general, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
India (X units) was the main destination for appliance part brush exports from Iraq, with a 78% share of total exports. Moreover, appliance part brush exports to India exceeded the volume sent to the second major destination, Turkey (X units), fourfold.
From 2018 to 2020, the average annual growth rate of volume to India was relatively modest.
In value terms, the largest markets for appliance part brush exported from Iraq were Turkey ($X) and India ($X).
Turkey, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.
Export Prices by Country
The average appliance part brush export price stood at $X per unit in 2020, leveling off at the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2019 a decrease of 99.9%. Over the period under review, the average export prices hit record highs in 2020 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to India totaled $X per unit.
From 2018 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Appliance Part Brush Imports
Imports into Iraq
In 2022, approx. X units of brushes constituting parts of appliances were imported into Iraq; picking up by 95% compared with the previous year. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 187%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, appliance part brush imports surged to $X in 2022. Over the period under review, imports showed a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 188%. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, China (X units) constituted the largest supplier of appliance part brush to Iraq, accounting for a 81% share of total imports. Moreover, appliance part brush imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), more than tenfold. The third position in this ranking was held by Turkey (X units), with a 3.3% share.
From 2012 to 2022, the average annual growth rate of volume from China totaled +37.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+36.3% per year) and Turkey (+20.0% per year).
In value terms, China ($X) constituted the largest supplier of brushes constituting parts of appliances to Iraq, comprising 69% of total imports. The second position in the ranking was taken by Germany ($X), with a 7.8% share of total imports. It was followed by Turkey, with a 5.2% share.
From 2012 to 2022, the average annual growth rate of value from China amounted to +18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.4% per year) and Turkey (+16.1% per year).
Import Prices by Country
In 2022, the average appliance part brush import price amounted to $X per unit, which is down by -33.1% against the previous year. Overall, the import price saw a abrupt setback. The pace of growth was the most pronounced in 2016 an increase of 31% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.5%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the appliance part brush 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 32911970 - Brushes constituting parts of machines, appliances or vehicles (excluding for road-sweepers)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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