Report Update Nov 1, 2024

Iraq - Check Valves for Pipes, Boiler Shells, Tanks and Vats - 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: Check Valve Market 2024

Check Valve Market Size in Iraq

In 2021, the Iraqi check valve market decreased by -17.4% to $X, falling for the second consecutive year after four years of growth. Over the period under review, consumption continues to indicate a perceptible setback. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Check Valve Exports

Exports from Iraq

In 2021, shipments abroad of check valves for pipes, boiler shells, tanks and vats decreased by -89.1% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, exports saw a deep slump. The pace of growth was the most pronounced in 2019 with an increase of 599%. Over the period under review, the exports attained the maximum at X units in 2020, and then shrank sharply in the following year.

In value terms, check valve exports declined remarkably to $X in 2021. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by 824%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units), Nigeria (X units) and the Czech Republic (X units) were the main destinations of check valve exports from Iraq, together comprising 97% of total exports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +15.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the key foreign market for check valves for pipes, boiler shells, tanks and vats exports from Iraq, comprising 79% of total exports. The second position in the ranking was taken by Nigeria ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates amounted to +11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (0.0% per year) and the Czech Republic (0.0% per year).

Export Prices by Country

The average check valve export price stood at $X per unit in 2021, surging by 53% against the previous year. In general, the export price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 233% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Nigeria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-2.8%).

Check Valve Imports

Imports into Iraq

In 2021, overseas purchases of check valves for pipes, boiler shells, tanks and vats decreased by -12.6% to X units, falling for the second consecutive year after three years of growth. Overall, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 42% against the previous year. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, check valve imports fell dramatically to $X in 2021. In general, imports continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2013 when imports increased by 28%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of check valve to Iraq, accounting for a 45% share of total imports. Moreover, check valve imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold. The United Arab Emirates (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+4.5% per year) and the United Arab Emirates (-11.2% per year).

In value terms, China ($X), Italy ($X) and the United Arab Emirates ($X) appeared to be the largest check valve suppliers to Iraq, with a combined 57% share of total imports.

Italy, with a CAGR of +22.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average check valve import price amounted to $X per unit, waning by -8.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 50%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+6.7%), 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 check valves for pipes, boiler shells, tanks and vats in the world?

China remains the largest check valve consuming country worldwide, accounting for 26% of total volume. Moreover, check valve consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 6.9% share.

What are the largest producers of check valves for pipes, boiler shells, tanks and vats in the world?

The country with the largest volume of check valve production was China, comprising approx. 55% of total volume. Moreover, check valve production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Japan, with a 4.9% share.

What are the leading suppliers of check valves for pipes, boiler shells, tanks and vats to Iraq?

In value terms, Italy, the United Arab Emirates and China were the largest check valve suppliers to Iraq, with a combined 65% share of total imports.

What are the leading importers of check valves for pipes, boiler shells, tanks and vats from Iraq?

In value terms, the United Arab Emirates and Turkey constituted the largest markets for check valve exported from Iraq worldwide.

What is the average export price for check valves for pipes, boiler shells, tanks and vats in Iraq?

In 2020, the average check valve export price amounted to $15 per unit, waning by -44.6% against the previous year.

What is the average import price for check valves for pipes, boiler shells, tanks and vats in Iraq?

In 2020, the average check valve import price amounted to $12 per unit, growing by 6.7% against the previous year.

This report provides an in-depth analysis of the check valve 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 28141160 - Check valves for pipes, boiler shells, tanks, vats and the like

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