Report Update Nov 1, 2024

Iraq - Cumene - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Cumene Market 2024

Cumene Market Size in Iraq

The Iraqi cumene market was estimated at less than $X in 2021, approximately mirroring 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 recorded a relatively flat trend pattern.

Cumene Exports

Exports from Iraq

Cumene exports from Iraq totaled less than X kg in 2021, flattening at the previous year's figure. In general, exports continue to indicate a relatively flat trend pattern.

In value terms, cumene exports amounted to less than $X in 2021. Overall, exports saw a relatively flat trend pattern.

Exports by Country

The Netherlands (X tons) and Singapore (X tons) were the key exporters of cumene in 2021, recording near 40% and 28% of total exports, respectively. Japan (X tons) took an 18% share (based on physical terms) of total exports, which put it in second place, followed by the United States (7.3%) and Spain (0%). South Korea (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by South Korea (with a CAGR of +25.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest cumene supplying countries from Iraq were the Netherlands ($X), Singapore ($X) and Japan ($X), together comprising 86% of total exports. These countries were followed by the United States and South Korea, which together accounted for a further 9.2%.

Among the main exporting countries, South Korea, with a CAGR of +21.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Iraq stood at less than $X per ton in 2021, stabilizing at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern.

Average prices varied noticeably amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Singapore ($X per ton) and South Korea ($X per ton), while the Netherlands ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (-3.0%), while the other leaders experienced a decline in the export price figures.

Cumene Imports

Imports into Iraq

In 2021, imports of cumene into Iraq amounted to less than X kg, approximately equating the previous year's figure. Overall, imports saw a relatively flat trend pattern.

In value terms, cumene imports stood at less than $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern.

Imports by Country

Belgium (X tons) and China (X tons) dominates imports structure, together making up 79% of total imports. Taiwan (Chinese) (X tons) took a 7.2% share (based on physical terms) of total imports, which put it in second place, followed by Germany (1.1%). Italy (X tons), South Korea (X tons), Brazil (X tons), the United States (X tons) and the Netherlands (less than X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +352.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cumene importing markets into Iraq were Belgium ($X), China ($X) and Taiwan (Chinese) ($X), together accounting for 88% of total imports. These countries were followed by Italy, Brazil, the United States, South Korea, Germany and the Netherlands, which together accounted for a further 9.8%.

Brazil, with a CAGR of +268.5%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Iraq amounted to less than $X per ton, leveling off at the previous year. In general, the import price saw a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cumene in the world?

The countries with the highest volumes of cumene consumption in 2021 were Belgium, China and Japan, with a combined 73% share of global consumption. These countries were followed by the United States, Singapore, Brazil and Germany, which together accounted for a further 21%.

What are the largest producers of cumene in the world?

The countries with the highest volumes of cumene production in 2021 were the Netherlands, Japan and Singapore, together comprising 78% of global production. The United States, Germany, Russia and Portugal lagged somewhat behind, together comprising a further 19%.

What are the leading suppliers of cumene to Iraq?

In value terms, Belgium, China and the United States constituted the countries with the highest levels of imports in 2021, with a combined 90% share of total imports. These countries were followed by Italy and Brazil, which together accounted for a further 6.3%.

What are the leading importers of cumene from Iraq?

In value terms, the largest cumene supplying countries from Iraq were the Netherlands, Singapore and Japan, with a combined 82% share of total exports. The United States, Russia, Spain and Portugal lagged somewhat behind, together accounting for a further 14%.

What is the average export price for cumene in Iraq?

The cumene export price in Iraq stood at $less than 0.1 per ton in 2021, stabilizing at the previous year.

What is the average import price for cumene in Iraq?

The cumene import price in Iraq stood at $less than 0.1 per ton in 2021, approximately reflecting the previous year.

This report provides an in-depth analysis of the cumene 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 20141270 - Cumene

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