Report Update May 1, 2025

Iraq - Ferro-Alloys - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Ferro-Alloys Market 2025

Ferro-Alloys Market Size in Iraq

The Iraqi ferro-alloys market expanded remarkably to $X in 2022, rising by X% against the previous year. Over the period under review, consumption recorded a resilient increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Ferro-Alloys Production in Iraq

In value terms, ferro-alloys production declined modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Ferro-Alloys Exports

Exports from Iraq

In 2022, approx. X tons of ferro-alloys were exported from Iraq; falling by X% compared with the previous year. Overall, exports, however, recorded a relatively flat trend pattern. The exports peaked at X tons in 2021, and then reduced markedly in the following year.

In value terms, ferro-alloys exports shrank dramatically to $X in 2022. In general, exports, however, saw slight growth. The exports peaked at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Oman (X tons) was the main destination for ferro-alloys exports from Iraq, with a approx. X% share of total exports.

From 2014 to 2021, the average annual rate of growth in terms of volume to Oman was relatively modest.

From 2014 to 2021, the average annual growth rate of value to Oman was relatively modest.

Export Prices by Country

The average ferro-alloys export price stood at $X per ton in 2021, approximately reflecting the previous year. Overall, the export price continues to indicate a mild increase. The pace of growth was the most pronounced in 2015 when the average export price decreased by X% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2014 to 2021, the rate of growth in terms of prices for Oman amounted to X% per year.

Ferro-Alloys Imports

Imports into Iraq

In 2022, after two years of growth, there was significant decline in overseas purchases of ferro-alloys, when their volume decreased by X% to X tons. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, ferro-alloys imports fell significantly to $X in 2022. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Iran (X tons) constituted the largest supplier of ferro-alloys to Iraq, with a X% share of total imports. Moreover, ferro-alloys imports from Iran exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Iran stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and India (X% per year).

In value terms, Iran ($X), Turkey ($X) and India ($X) were the largest ferro-alloys suppliers to Iraq, with a combined X% share of total imports.

Among the main suppliers, Iran, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average ferro-alloys import price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Turkey (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ferro-alloys in the world?

The country with the largest volume of ferro-alloys consumption was China, comprising approx. 64% of total volume. Moreover, ferro-alloys consumption in China exceeded the figures recorded by the second-largest consumer, India, more than tenfold. The third position in this ranking was occupied by Japan, with a 3.8% share.

What are the largest producers of ferro-alloys in the world?

The country with the largest volume of ferro-alloys production was China, comprising approx. 57% of total volume. Moreover, ferro-alloys production in China exceeded the figures recorded by the second-largest producer, South Africa, sevenfold. India ranked third in terms of total production with a 6.8% share.

What are the leading suppliers of ferro-alloys to Iraq?

In value terms, the largest ferro-alloys suppliers to Iraq were Turkey, India and Indonesia.

What is the average export price for ferro-alloys in Iraq?

The average ferro-alloys export price stood at less than $0.1 per ton in 2014, flattening at the previous year.

What is the average import price for ferro-alloys in Iraq?

In 2020, the average ferro-alloys import price amounted to $999 per ton, declining by -1.9% against the previous year.

This report provides an in-depth analysis of the ferro-alloys 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:

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024