Report Update Nov 1, 2024

Iraq - Coal or Rock Cutters and Tunnelling Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Rock Cutter Market 2024

Rock Cutter Market Size in Iraq

The Iraqi rock cutter market skyrocketed to $X in 2022, growing by 29% 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). In general, consumption, however, recorded a dramatic decline. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Rock Cutter Exports

Exports from Iraq

Rock cutter exports from Iraq totaled X units in 2017, remaining constant against 2016 figures. Over the period under review, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2016. Over the period under review, the exports attained the peak figure in 2017 and are likely to see gradual growth in the near future.

In value terms, rock cutter exports totaled $X in 2017. Overall, exports recorded a dramatic shrinkage. The smallest decline of 99.9% was in 2016. The exports peaked at $X in 2015; however, from 2016 to 2017, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for rock cutter exports from Iraq, with a approx. 100% share of total exports.

From 2015 to 2017, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

From 2015 to 2017, the average annual growth rate of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average rock cutter export price stood at $X per unit in 2017, standing approx. at the previous year. In general, the export price continues to indicate a sharp decrease. The most prominent rate of growth was recorded in 2016 a decrease of 99.9% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2017, 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 2015 to 2017, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Rock Cutter Imports

Imports into Iraq

Rock cutter imports into Iraq surged to X units in 2022, picking up by 27% on the previous year. In general, imports, however, saw a dramatic setback. The pace of growth appeared the most rapid in 2020 when imports increased by 125%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, rock cutter imports skyrocketed to $X in 2022. Over the period under review, imports, however, faced a dramatic curtailment. The pace of growth was the most pronounced in 2014 with an increase of 266% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest rock cutter supplier to Iraq, with a 57% share of total imports. Moreover, rock cutter imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The Netherlands (X units) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to -23.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-20.6% per year) and the Netherlands (-24.7% per year).

In value terms, Germany ($X) constituted the largest supplier of coal or rock cutters and tunnelling machinery to Iraq, comprising 79% of total imports. The second position in the ranking was held by China ($X), with a 12% share of total imports. It was followed by the Netherlands, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled -21.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-28.3% per year) and the Netherlands (-9.7% per year).

Import Prices by Country

The average rock cutter import price stood at $X per unit in 2022, surging by 3% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 71%. The import price peaked at $X per unit 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 Germany ($X per unit), while the price for Turkey ($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 Netherlands (+19.8%), 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 coal or rock cutters and tunnelling machinery in the world?

The countries with the highest volumes of rock cutter consumption in 2020 were Belarus, Germany and Georgia, together accounting for 46% of global consumption.

What are the largest producers of coal or rock cutters and tunnelling machinery in the world?

The country with the largest volume of rock cutter production was Germany, accounting for 63% of total volume. Moreover, rock cutter production in Germany exceeded the figures recorded by the second-largest producer, Japan, eightfold. The third position in this ranking was occupied by China, with a 5.2% share.

What are the leading suppliers of coal or rock cutters and tunnelling machinery to Iraq?

In value terms, Italy constituted the largest supplier of rock cutter to Iraq.

What is the average export price for coal or rock cutters and tunnelling machinery in Iraq?

The average rock cutter export price stood at $908 per unit in 2017, almost unchanged from the previous year.

What is the average import price for coal or rock cutters and tunnelling machinery in Iraq?

In 2020, the average rock cutter import price amounted to $1,864 per unit, surging by 91% against the previous year.

This report provides an in-depth analysis of the rock cutter 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 28921235 - Coal or rock cutters and tunnelling machinery (excluding selfpropelled)

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