Report Update Feb 1, 2025

Iraq - Copper Tubes, Pipes and Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Market for Copper Tubes, Pipes And Fitting 2025

Market Size for Copper Tubes, Pipes And Fitting in Iraq

In 2021, the Iraqi copper pipe and fitting market increased by 28% to $X, rising for the fifth year in a row after two years of decline. Overall, the total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +137.5% against 2016 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Exports of Copper Tubes, Pipes And Fitting

Exports from Iraq

In 2021, approx. X kg of copper tubes, pipes and fitting were exported from Iraq; flattening at the year before. In general, exports showed resilient growth. The growth pace was the most rapid in 2017 with an increase of 76%. As a result, the exports reached the peak of X kg. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, copper pipe and fitting exports totaled $X in 2021. Over the period under review, exports posted resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 83% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for copper pipe and fitting exports from Iraq, with a approx. 100% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

From 2013 to 2021, the average annual growth rate of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average copper pipe and fitting export price stood at $X per ton in 2021, leveling off at the previous year. Over the period under review, the export price continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 4.3% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2013 to 2021, the rate of growth in terms of prices for Turkey amounted to -31.8% per year.

Imports of Copper Tubes, Pipes And Fitting

Imports into Iraq

In 2021, purchases abroad of copper tubes, pipes and fitting increased by 3.4% to X tons, rising for the fifth consecutive year after two years of decline. Over the period under review, total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +79.2% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of 32%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, copper pipe and fitting imports soared to $X in 2021. In general, imports posted a mild increase. The pace of growth was the most pronounced in 2018 with an increase of 42%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Turkey (X tons), China (X tons) and the United Arab Emirates (X tons) were the main suppliers of copper pipe and fitting imports to Iraq, together accounting for 75% of total imports. South Africa, South Korea, Russia and Germany lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +34.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and the United Arab Emirates ($X) constituted the largest copper pipe and fitting suppliers to Iraq, together accounting for 73% of total imports. South Africa, South Korea, Russia and Germany lagged somewhat behind, together accounting for a further 19%.

In terms of the main suppliers, South Korea, with a CAGR of +35.0%, recorded the highest rates of growth with regard to 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 copper pipe and fitting import price amounted to $X per ton, growing by 30% against the previous year. In general, the import price, however, recorded a mild downturn. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Turkey ($X per ton) and Germany ($X per ton), while the price for China ($X per ton) and the United Arab Emirates ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+1.3%), 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 copper tubes, pipes and fitting in the world?

China constituted the country with the largest volume of copper pipe and fitting consumption, comprising approx. 30% of total volume. Moreover, copper pipe and fitting consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with an 11% share.

What are the largest producers of copper tubes, pipes and fitting in the world?

The country with the largest volume of copper pipe and fitting production was China, comprising approx. 37% of total volume. Moreover, copper pipe and fitting production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with an 8.6% share.

What are the leading suppliers of copper tubes, pipes and fitting to Iraq?

In value terms, Turkey constituted the largest supplier of copper pipe and fitting to Iraq, comprising 70% of total imports. The second position in the ranking was occupied by China, with a 16% share of total imports. It was followed by Germany, with a 5.5% share.

What are the leading importers of copper tubes, pipes and fitting from Iraq?

In value terms, Turkey $371) remains the key foreign market for copper pipe and fitting exports from Iraq, comprising 73% of total exports. The second position in the ranking was occupied by Belgium $135), with a 27% share of total exports.

What is the average export price for copper tubes, pipes and fitting in Iraq?

In 2016, the average copper pipe and fitting export price amounted to $14,882 per ton, with an increase of 3.9% against the previous year.

What is the average import price for copper tubes, pipes and fitting in Iraq?

In 2021, the average copper pipe and fitting import price amounted to $7,612 per ton, with a decrease of -3% against the previous year.

This report provides an in-depth analysis of the market for copper pipe and fitting 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 24442630 - Copper tubes and pipes
Prodcom 24442650 - Copper and copper alloy tube/pipe fittings including couplings, elbows, sleeves, tees and joints excluding bolts and nuts used for assembling/fixing pipes/tubes, fittings with taps, cocks, valves

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024