Report Update Nov 1, 2024

Iraq - Ethyl Alcohol - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Ethanol Market 2024

Ethanol Exports

Exports from Iraq

In 2019, the amount of ethyl alcohol exported from Iraq totaled X litres, remaining stable against 2018 figures. In general, exports saw a noticeable curtailment. The smallest decline of 99.9% was in 2014. Over the period under review, the exports hit record highs at X litres in 2013; however, from 2014 to 2019, the exports failed to regain momentum.

In value terms, ethanol exports stood at $X in 2019. Over the period under review, exports saw a resilient expansion. The smallest decline of 99.9% was in 2014. The exports peaked in 2019 and are expected to retain growth in the near future.

Exports by Country

Georgia (X litres) was the main destination for ethanol exports from Iraq, accounting for a approx. 100% share of total exports.

From 2013 to 2019, the average annual rate of growth in terms of volume to Georgia was relatively modest.

From 2013 to 2019, the average annual rate of growth in terms of value to Georgia was relatively modest.

Export Prices by Country

The average ethanol export price stood at $X per litre in 2019, therefore, remained relatively stable against the previous year. In general, the export price saw a prominent increase. The pace of growth was the most pronounced in 2014 a decrease of 99.9%. Over the period under review, the average export prices hit record highs in 2019 and is likely to see steady growth in years to come.

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

From 2013 to 2019, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Ethanol Imports

Imports into Iraq

In 2022, the amount of ethyl alcohol imported into Iraq reduced to X litres, which is down by -2.7% on 2021 figures. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 686%. As a result, imports attained the peak of X litres. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, ethanol imports declined to $X in 2022. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 456%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, India (X litres) constituted the largest supplier of ethanol to Iraq, accounting for a 44% share of total imports. Moreover, ethanol imports from India exceeded the figures recorded by the second-largest supplier, Turkey (X litres), threefold. Moldova (X litres) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2022, the average annual growth rate of volume from India amounted to +51.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+77.6% per year) and Moldova (+6.7% per year).

In value terms, the largest ethanol suppliers to Iraq were India ($X), France ($X) and Turkey ($X), together accounting for 59% of total imports. These countries were followed by Moldova, Bulgaria, the United Arab Emirates, Jordan and China, which together accounted for a further 18%.

In terms of the main suppliers, Bulgaria, with a CAGR of +62.5%, 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

The average ethanol import price stood at $X per litre in 2022, which is down by -2.3% against the previous year. Over the period under review, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 42% against the previous year. Over the period under review, average import prices attained the maximum at $X per litre in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per litre), while the price for India ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.9%), 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 ethyl alcohol in the world?

The countries with the highest volumes of ethanol consumption in 2021 were Brazil, the United States and China, together comprising 66% of global consumption. These countries were followed by India, Canada, Pakistan and Indonesia, which together accounted for a further 10%.

What are the largest producers of ethyl alcohol in the world?

The countries with the highest volumes of ethanol production in 2021 were Brazil, the United States and China, together comprising 75% of global production.

What are the leading suppliers of ethyl alcohol to Iraq?

In value terms, the United Arab Emirates constituted the largest supplier of ethanol to Iraq, comprising 73% of total imports. The second position in the ranking was occupied by India, with a 9.3% share of total imports. It was followed by France, with a 7.5% share.

What is the average export price for ethyl alcohol in Iraq?

In 2019, the average ethanol export price amounted to $1,680 per ton, almost unchanged from the previous year.

What is the average import price for ethyl alcohol in Iraq?

In 2021, the average ethanol import price amounted to $986 per ton, which is down by -29% against the previous year.

This report provides an in-depth analysis of the ethanol 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 20147400 - Undenatured ethyl alcohol of an alcoholic strength by volume. .80 % (important: excluding alcohol duty)
Prodcom 20147500 - Denatured ethyl alcohol and other denatured spirits, of any strength

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