Iraq: Dried Grapes Market 2024

Dried Grapes Market Size in Iraq

In 2022, the Iraqi dried grapes market decreased by -12.7% to $X for the first time since 2015, thus ending a six-year rising trend. Overall, consumption, however, showed a significant expansion. Over the period under review, the market hit record highs at $X in 2021, and then contracted in the following year.

Dried Grapes Exports

Exports from Iraq

In 2022, approx. X tons of dried grapes were exported from Iraq; declining by -26.2% against the previous year. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 413%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, dried grapes exports shrank sharply to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 386% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Algeria (X tons) was the main destination for dried grapes exports from Iraq, accounting for a 67% share of total exports. Moreover, dried grapes exports to Algeria exceeded the volume sent to the second major destination, Germany (X tons), fourfold. The third position in this ranking was taken by Poland (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Algeria amounted to -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+49.1% per year) and Poland (-7.8% per year).

In value terms, Algeria ($X) remains the key foreign market for dried grapes exports from Iraq, comprising 74% of total exports. The second position in the ranking was held by Germany ($X), with a 17% share of total exports. It was followed by Poland, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Algeria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+35.9% per year) and Poland (-16.5% per year).

Export Prices by Country

The average dried grapes export price stood at $X per ton in 2022, rising by 7.4% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 21%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Ethiopia ($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 Algeria (+1.3%), while the prices for the other major destinations experienced a decline.

Dried Grapes Imports

Imports into Iraq

After six years of growth, supplies from abroad of dried grapes decreased by -14.5% to X tons in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 300%. Over the period under review, imports hit record highs at X tons in 2021, and then declined in the following year.

In value terms, dried grapes imports fell to $X in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 320% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Iran (X tons) constituted the largest supplier of dried grapes to Iraq, accounting for a 78% share of total imports. Moreover, dried grapes imports from Iran exceeded the figures recorded by the second-largest supplier, Uzbekistan (X tons), sevenfold. The third position in this ranking was held by Turkey (X tons), with a 3.3% share.

From 2012 to 2022, the average annual growth rate of volume from Iran totaled +39.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Uzbekistan (+18.9% per year) and Turkey (+78.5% per year).

In value terms, Iran ($X) constituted the largest supplier of dried grapes to Iraq, comprising 72% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with an 11% share of total imports. It was followed by Turkey, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Iran totaled +31.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Uzbekistan (+27.5% per year) and Turkey (+74.9% per year).

Import Prices by Country

The average dried grapes import price stood at $X per ton in 2022, picking up by 2.6% against the previous year. Over the period under review, the import price, however, saw a slight curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 56%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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