Iraq: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2025

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in Iraq

For the third consecutive year, the Iraqi market for domestic, non-electric, cooking or heating appliances recorded growth in sales value, which increased by 15% to $X in 2021. In general, consumption saw strong growth. Consumption of peaked in 2021 and is expected to retain growth in the near future.

Production of Domestic, Non-Electric, Cooking Or Heating Appliances in Iraq

In value terms, production of domestic, non-electric, cooking or heating appliances expanded markedly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2016 when the production volume increased by 19%. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports from Iraq

After two years of growth, overseas shipments of domestic, non-electric, cooking or heating appliances decreased by -53.8% to X tons in 2021. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 533% against the previous year. The exports peaked at X tons in 2020, and then dropped sharply in the following year.

In value terms, exports of domestic, non-electric, cooking or heating appliances reduced rapidly to $X in 2021. Overall, exports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2019 with an increase of 323% against the previous year. The exports peaked at $X in 2020, and then shrank significantly in the following year.

Exports by Country

The United States (X tons), the UK (X tons) and Germany (X tons) were the main destinations of exports of domestic, non-electric, cooking or heating appliances from Iraq, with a combined 75% share 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 the United States (with a CAGR of +23.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for domestic, non-electric, cooking or heating appliance exported from Iraq were the UK ($X), the United States ($X) and Germany ($X), with a combined 87% share of total exports.

The United States, with a CAGR of +15.8%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for domestic, non-electric, cooking or heating appliances stood at $X per ton in 2021, surging by 7.1% against the previous year. Overall, the export price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per ton), while the average price for exports to Germany ($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 the United States (-6.6%), while the prices for the other major destinations experienced a decline.

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports into Iraq

For the sixth year in a row, Iraq recorded growth in overseas purchases of domestic, non-electric, cooking or heating appliances, which increased by 19% to X tons in 2021. Overall, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +9.7% 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 +17.5% against 2014 indices. The most prominent rate of growth was recorded in 2014 with an increase of 53%. Over the period under review, imports of reached the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, imports of domestic, non-electric, cooking or heating appliances expanded significantly to $X in 2021. Over the period under review, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 30%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of domestic, non-electric, cooking or heating appliance to Iraq, with a 48% share of total imports. Moreover, imports of domestic, non-electric, cooking or heating appliances from Turkey exceeded the figures recorded by the second-largest supplier, Egypt (X tons), twofold. China (X tons) ranked third in terms of total imports with a 22% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey amounted to +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+9.1% per year) and China (+18.5% per year).

In value terms, Egypt ($X), Turkey ($X) and China ($X) appeared to be the largest domestic, non-electric, cooking or heating appliance suppliers to Iraq, with a combined 89% share of total imports. Italy lagged somewhat behind, comprising a further 3.9%.

In terms of the main suppliers, Italy, with a CAGR of +37.5%, saw 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

The average import price for domestic, non-electric, cooking or heating appliances stood at $X per ton in 2021, shrinking by -3.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2015 when the average import price increased by 23% against the previous year. The import price peaked at $X per ton in 2020, and then contracted in the following year.

Prices varied noticeably country of origin: the country with the highest price was Egypt ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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