Report Update Nov 1, 2024

Iraq - Carbonates and Peroxocarbonates - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Carbonate Market 2024

Carbonate Market Size in Iraq

In 2021, the Iraqi carbonate market increased by 26% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption continues to indicate a relatively flat trend pattern. Carbonate consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Carbonate Exports

Exports from Iraq

In 2021, overseas shipments of carbonates and peroxocarbonates increased by 86% to X tons, rising for the second consecutive year after four years of decline. In general, exports saw resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 522%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, carbonate exports surged to $X in 2021. Over the period under review, exports saw resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 423% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

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

From 2012 to 2021, the average annual growth rate of volume to Turkey stood at +14.3%.

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

From 2012 to 2021, the average annual growth rate of value to Turkey amounted to +19.4%.

Export Prices by Country

In 2021, the average carbonate export price amounted to $X per ton, shrinking by -2.8% against the previous year. Over the period under review, the export price, however, recorded a measured increase. The growth pace was the most rapid in 2014 an increase of 137%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average 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 2021, the rate of growth in terms of prices for Turkey amounted to +4.5% per year.

Carbonate Imports

Imports into Iraq

In 2021, supplies from abroad of carbonates and peroxocarbonates was finally on the rise to reach X tons after two years of decline. In general, imports showed modest growth. The pace of growth was the most pronounced in 2015 with an increase of 215%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, carbonate imports surged to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 94%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Iran (X tons), Turkey (X tons) and Syrian Arab Republic (X tons) were the main suppliers of carbonate imports to Iraq, together comprising 96% of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +11.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of carbonates and peroxocarbonates to Iraq, comprising 55% of total imports. The second position in the ranking was taken by Iran ($X), with a 25% share of total imports. It was followed by China, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Turkey stood at +21.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+2.8% per year) and China (+7.3% per year).

Import Prices by Country

The average carbonate import price stood at $X per ton in 2021, declining by -6.8% against the previous year. Overall, the import price showed a slight decrease. The most prominent rate of growth was recorded in 2019 an increase of 81% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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 China ($X per ton), while the price for Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+9.2%), 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 carbonates and peroxocarbonates in the world?

The countries with the highest volumes of carbonate consumption in 2021 were China, the United States and India, together comprising 40% of global consumption.

What are the largest producers of carbonates and peroxocarbonates in the world?

The countries with the highest volumes of carbonate production in 2021 were China, the United States and Turkey, with a combined 55% share of global production. These countries were followed by Russia, India, Pakistan, Brazil, Iran, Germany, Bulgaria, Spain and Japan, which together accounted for a further 26%.

What are the leading suppliers of carbonates and peroxocarbonates to Iraq?

In value terms, Turkey constituted the largest supplier of carbonate to Iraq, comprising 51% of total imports. The second position in the ranking was occupied by Saudi Arabia, with a 15% share of total imports. It was followed by Syrian Arab Republic, with a 13% share.

What are the leading importers of carbonates and peroxocarbonates from Iraq?

In value terms, Turkey remains the key foreign market for carbonate exports from Iraq.

What is the average export price for carbonates and peroxocarbonates in Iraq?

The average carbonate export price stood at $391 per ton in 2021, picking up by 5.8% against the previous year.

What is the average import price for carbonates and peroxocarbonates in Iraq?

In 2021, the average carbonate import price amounted to $89 per ton, with an increase of 3.2% against the previous year.

This report provides an in-depth analysis of the carbonate 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 20134310 - Disodium carbonate
Prodcom 20134320 - Sodium hydrogencarbonate (sodium bicarbonate)
Prodcom 20134340 - Calcium carbonate
Prodcom 20134390 - Other carbonates

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