Report Update Nov 1, 2024

Iraq - Granite Building Stone - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Granite Building Stone Market 2024

Granite Building Stone Market Size in Iraq

For the fifth consecutive year, the Iraqi granite building stone market recorded decline in sales value, which decreased by -27.2% to $X in 2021. Overall, consumption continues to indicate a abrupt descent. Granite building stone consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Granite Building Stone Exports

Exports from Iraq

In 2021, approx. X tons of granite building stone were exported from Iraq; remaining constant against 2020. In general, exports showed a significant increase. The growth pace was the most rapid in 2015 when exports increased by 337%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, granite building stone exports amounted to $X in 2021. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 136%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in years to come.

Exports by Country

The Netherlands (X tons) was the main destination for granite building stone exports from Iraq, accounting for a approx. 50% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to the Netherlands was relatively modest.

From 2013 to 2021, the average annual rate of growth in terms of value to the Netherlands was relatively modest.

Export Prices by Country

In 2021, the average granite building stone export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2014 when the average export price increased by 118% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2013 to 2021, the rate of growth in terms of prices for Austria amounted to 0.0% per year.

Granite Building Stone Imports

Imports into Iraq

In 2021, approx. X tons of granite building stone were imported into Iraq; waning by -27% against the previous year's figure. In general, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 64%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, granite building stone imports dropped markedly to $X in 2021. Overall, imports saw a deep slump. The pace of growth appeared the most rapid in 2013 with an increase of 176%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of granite building stone to Iraq, accounting for a 57% share of total imports. Moreover, granite building stone imports from India exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fourfold. China (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India totaled +17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-1.1% per year) and China (-28.2% per year).

In value terms, India ($X) constituted the largest supplier of granite building stone to Iraq, comprising 43% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 20% share of total imports. It was followed by China, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India amounted to +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+7.9% per year) and China (-23.0% per year).

Import Prices by Country

In 2021, the average granite building stone import price amounted to $X per ton, almost unchanged from the previous year. Overall, the import price, however, posted a pronounced increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 68%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.1%), 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 granite building stone in the world?

The countries with the highest volumes of in 2021 were China, South Korea and the United States, with a combined 49% share of global consumption.

What are the largest producers of granite building stone in the world?

China remains the largest granite building stone producing country worldwide, comprising approx. 46% of total volume. Moreover, granite building stone production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Brazil, with a 6.8% share.

What are the leading suppliers of granite building stone to Iraq?

In value terms, the largest granite building stone suppliers to Iraq were China, India and Iran, together accounting for 94% of total imports.

What is the average export price for granite building stone in Iraq?

The average granite building stone export price stood at $495 per ton in 2021, therefore, remained relatively stable against the previous year.

What is the average import price for granite building stone in Iraq?

The average granite building stone import price stood at $329 per ton in 2021, growing by 2.2% against the previous year.

This report provides an in-depth analysis of the granite building stone 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 23701260 - Worked monumental or building stone and articles thereof, of granite (excluding tiles, cubes and similar articles, of which the largest surface area is capable of being enclosed in a square the side of which is < 7 cm, setts, kerbstones and

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