Iraq - Gravel and Crushed Stone - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIraq: Market for Gravel And Crushed Stone 2024
Market Size for Gravel And Crushed Stone in Iraq
In 2021, the Iraqi gravel and crushed stone market increased by 12% to $X for the first time since 2012, thus ending a eight-year declining trend. In general, consumption, however, saw a deep setback. Gravel and crushed stone consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Production of Gravel And Crushed Stone in Iraq
In value terms, gravel and crushed stone production reached $X in 2021 estimated in export price. Over the period under review, production, however, saw a deep downturn. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.
Exports of Gravel And Crushed Stone
Exports from Iraq
In 2021, overseas shipments of gravel and crushed stone were finally on the rise to reach X tons after two years of decline. Overall, exports, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2017 with an increase of 99.9%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.
In value terms, gravel and crushed stone exports expanded rapidly to $X in 2021. Over the period under review, exports, however, saw a abrupt slump. The pace of growth was the most pronounced in 2017 with an increase of 100%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.
Exports by Country
Qatar (X tons) was the main destination for gravel and crushed stone exports from Iraq, accounting for a approx. 99.9% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Qatar totaled -3.6%.
In value terms, Qatar ($X) also remains the key foreign market for gravel and crushed stone exports from Iraq.
From 2012 to 2021, the average annual rate of growth in terms of value to Qatar stood at -19.2%.
Export Prices by Country
In 2021, the average gravel and crushed stone export price amounted to $X per ton, dropping by -29.7% against the previous year. In general, the export price showed a drastic downturn. The pace of growth appeared the most rapid in 2017 a decrease of -0.1% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2021, the rate of growth in terms of prices for Qatar amounted to -16.1% per year.
Imports of Gravel And Crushed Stone
Imports into Iraq
In 2021, purchases abroad of gravel and crushed stone was finally on the rise to reach X tons after two years of decline. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2016 when imports increased by 519% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.
In value terms, gravel and crushed stone imports soared to $X in 2021. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2016 when imports increased by 449%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, the United Arab Emirates (X tons) was the main gravel and crushed stone supplier to Iraq, with a 96% share of total imports. Moreover, gravel and crushed stone imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates stood at +33.1%.
In value terms, the United Arab Emirates ($X) constituted the largest supplier of gravel and crushed stone to Iraq, comprising 92% of total imports. The second position in the ranking was held by Turkey ($X), with a 4.4% share of total imports.
From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates stood at +37.1%.
Import Prices by Country
In 2021, the average gravel and crushed stone import price amounted to $X per ton, with an increase of 2.2% against the previous year. Over the period under review, the import price, however, showed a perceptible setback. The pace of growth was the most pronounced in 2019 when the average import price increased by 35%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for the United Arab Emirates amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.9%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for gravel and crushed stone 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 08121210 - Gravel and pebbles of a kind used for concrete aggregates, f or road metalling or for railway or other ballast, shingle and flint
- Prodcom 08121230 - Crushed stone of a kind used for concrete aggregates, for road metalling or for railway or other ballast (excluding gravel, p ebbles, shingle and flint)
- Prodcom 08121250 - Granules, chippings and powder of marble
- Prodcom 08121290 - Granules, chippings and powder of travertine, ecaussine, granite, porphyry, basalt, sandstone and other monumental stone
- Prodcom 08121300 - Mixtures of slag and similar industrial waste products, w hether or not incorporating pebbles, gravel, shingle and flint for construction use
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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