Iraq - Concentrated Orange Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIraq: Concentrated Orange Juice Market 2024
Concentrated Orange Juice Market Size in Iraq
The Iraqi concentrated orange juice market declined rapidly to $X in 2021, reducing by -53.4% 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). Over the period under review, consumption continues to indicate a abrupt slump. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.
Concentrated Orange Juice Exports
Exports from Iraq
In 2021, overseas shipments of concentrated orange juice were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports saw mild growth. The pace of growth appeared the most rapid in 2015 with an increase of 65% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.
In value terms, concentrated orange juice exports skyrocketed to $X in 2021. Overall, exports continue to indicate a resilient expansion. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.
Exports by Country
Canada (X tons), Turkey (X tons) and the United States (X tons) were the main destinations of concentrated orange juice exports from Iraq, together comprising 100% of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +690.4%), while the other leaders experienced mixed trend patterns.
In value terms, Canada ($X) emerged as the key foreign market for concentrated orange juice exports from Iraq, comprising 55% of total exports. The second position in the ranking was held by the United States ($X), with a 23% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to Canada stood at +498.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (0.0% per year) and Turkey (-11.3% per year).
Export Prices by Country
The average concentrated orange juice export price stood at $X per ton in 2021, rising by 142% against the previous year. Over the period under review, the export price continues to indicate a pronounced increase. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-4.1%).
Concentrated Orange Juice Imports
Imports into Iraq
In 2021, the amount of concentrated orange juice imported into Iraq dropped sharply to X tons, with a decrease of -52.5% against the year before. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 135%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.
In value terms, concentrated orange juice imports dropped sharply to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 107%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2021, Iran (X tons) constituted the largest concentrated orange juice supplier to Iraq, with a 40% share of total imports. Moreover, concentrated orange juice imports from Iran exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), twofold. Spain (X tons) ranked third in terms of total imports with a 14% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Iran stood at +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-22.1% per year) and Spain (+24.1% per year).
In value terms, Iran ($X), Spain ($X) and Saudi Arabia ($X) constituted the largest concentrated orange juice suppliers to Iraq, with a combined 73% share of total imports.
Among the main suppliers, Spain, with a CAGR of +25.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average concentrated orange juice import price amounted to $X per ton, flattening at the previous year. In general, the import price, however, posted strong growth. The most prominent rate of growth was recorded in 2018 an increase of 138%. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then reduced slightly in the following year.
Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the concentrated orange juice 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:
- FCL 492 - Orange Juice, Concentrated
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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