Report Update Nov 1, 2024

Iraq - Herbicides - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Herbicide Market 2024

Herbicide Market Size in Iraq

For the tenth consecutive year, the Iraqi herbicide market recorded growth in sales value, which increased by 3.4% to $X in 2021. In general, consumption, however, continues to indicate significant growth. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the near future.

Herbicide Exports

Exports from Iraq

Herbicide exports from Iraq was estimated at less than X kg in 2021, standing approx. at the previous year's figure. Overall, exports recorded a relatively flat trend pattern.

In value terms, herbicide exports totaled less than $X in 2021. In general, exports recorded a relatively flat trend pattern.

Herbicide Imports

Imports into Iraq

In 2021, after nine years of growth, there was significant decline in overseas purchases of herbicides, when their volume decreased by -23.5% to X tons. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 when imports increased by 177% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020, and then dropped remarkably in the following year.

In value terms, herbicide imports skyrocketed to $X in 2021. In general, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2015 with an increase of 213%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of herbicide to Iraq, with a 41% share of total imports. Moreover, herbicide imports from China exceeded the figures recorded by the second-largest supplier, Hungary (X tons), threefold. India (X tons) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +36.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+82.7% per year) and India (+30.7% per year).

In value terms, China ($X), Germany ($X) and Hungary ($X) constituted the largest herbicide suppliers to Iraq, together comprising 51% of total imports.

Among the main suppliers, Germany, with a CAGR of +104.0%, 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 more modest paces of growth.

Import Prices by Country

The average herbicide import price stood at $X per ton in 2021, jumping by 116% against the previous year. Overall, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Saudi Arabia ($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 (+9.5%), 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 herbicides in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, with a combined 32% share of global consumption. Japan, Brazil, Australia, Canada, Nigeria, Indonesia, France, Ukraine, South Africa and Thailand lagged somewhat behind, together comprising a further 35%.

What are the largest producers of herbicides in the world?

The country with the largest volume of herbicide production was China, comprising approx. 44% of total volume. Moreover, herbicide production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with a 7.8% share.

What are the leading suppliers of herbicides to Iraq?

In value terms, Germany, Hungary and Turkey constituted the largest herbicide suppliers to Iraq, together comprising 81% of total imports.

What is the average import price for herbicides in Iraq?

The average herbicide import price stood at $7,746 per ton in 2021, flattening at the previous year.

This report provides an in-depth analysis of the herbicide 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 20201220 - Herbicides based on phenoxy-phytohormone products, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201230 - Herbicides based on triazines, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201240 - Herbicides based on amides, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201250 - Herbicides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201260 - Herbicides based on dinitroanilines derivatives, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201270 - Herbicides based on urea, uracil and sulphonylurea, put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201290 - Herbicides p.r.s. or as preparations/articles excluding based on phenoxy-phytohormones, triazines, amides, carbamates, d initroanaline derivatives, urea, uracil, sulphonylurea
Prodcom 20201350 - Anti-sprouting products put up in forms or packings for retail sale or as preparations or articles
Prodcom 20201370 - Plant-growth regulators put up in forms or packings for retail sale or as preparations or articles

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