Report Update Nov 1, 2024

Iraq - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Cyclic Hydrocarbons Market 2024

Cyclic Hydrocarbons Market Size in Iraq

In 2022, the Iraqi cyclic hydrocarbons market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption showed resilient growth. Cyclic hydrocarbons consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Cyclic Hydrocarbons Exports

Exports from Iraq

In 2022, shipments abroad of cyclic hydrocarbons was finally on the rise to reach X tons after five years of decline. Over the period under review, exports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cyclic hydrocarbons exports rose notably to $X in 2022. Overall, exports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for cyclic hydrocarbons exports from Iraq, with a X% share of total exports. Moreover, cyclic hydrocarbons exports to the United Arab Emirates exceeded the volume sent to the second major destination, the Philippines (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Jordan (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for cyclic hydrocarbons exports from Iraq, comprising X% of total exports. The second position in the ranking was held by the Philippines ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Jordan (X% per year).

Export Prices by Country

In 2022, the average cyclic hydrocarbons export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price saw a temperate increase. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cyclic Hydrocarbons Imports

Imports into Iraq

In 2022, supplies from abroad of cyclic hydrocarbons increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, cyclic hydrocarbons imports skyrocketed to $X in 2022. In general, imports showed buoyant growth. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Iran (X tons) was the main cyclic hydrocarbons supplier to Iraq, accounting for a X% share of total imports. Moreover, cyclic hydrocarbons imports from Iran exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Iran stood at X%.

In value terms, Iran ($X) constituted the largest supplier of cyclic hydrocarbons to Iraq, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Iran amounted to X%.

Import Prices by Country

The average cyclic hydrocarbons import price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Iran amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cyclic hydrocarbons in the world?

The countries with the highest volumes of in 2021 were China, South Korea and Japan, together accounting for 45% of global consumption.

What are the largest producers of cyclic hydrocarbons in the world?

The countries with the highest volumes of in 2021 were South Korea, Japan and the United States, with a combined 52% share of global production. India, Russia, Saudi Arabia, the Netherlands, Singapore, Thailand, the UK, Indonesia, Canada and Iran lagged somewhat behind, together accounting for a further 30%.

What are the leading suppliers of cyclic hydrocarbons to Iraq?

In value terms, Iran constituted the largest supplier of cyclic hydrocarbons to Iraq, comprising 97% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 2.3% share of total imports.

What are the leading importers of cyclic hydrocarbons from Iraq?

In value terms, the Philippines emerged as the key foreign market for cyclic hydrocarbons exports from Iraq, comprising 88% of total exports. The second position in the ranking was occupied by Jordan, with a 5.9% share of total exports.

What is the average export price for cyclic hydrocarbons in Iraq?

In 2021, the average cyclic hydrocarbons export price amounted to $526 per ton, remaining constant against the previous year.

What is the average import price for cyclic hydrocarbons in Iraq?

In 2021, the average cyclic hydrocarbons import price amounted to $857 per ton, surging by 35% against the previous year.

This report provides an in-depth analysis of the cyclic hydrocarbons 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 20141213 - Cyclohexane
Prodcom 20141215 - Cyclanes, cyclenes and cycloterpenes (excluding cyclohexane)
Prodcom 20141223 - Benzene
Prodcom 20141225 - Toluene
Prodcom 20141243 - o-Xylene
Prodcom 20141245 - p-Xylene
Prodcom 20141247 - m-Xylene and mixed xylene isomers
Prodcom 20141250 - Styrene
Prodcom 20141260 - Ethylbenzene
Prodcom 20141270 - Cumene
Prodcom 20141290 - Other cyclic hydrocarbons

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