Report Update Nov 1, 2024

Iraq - Industrial Machinery for the Manufacture or Preparation of Sugar - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Sugar-Manufacturing Industrial Machinery Market 2024

Sugar-Manufacturing Industrial Machinery Market Size in Iraq

The Iraqi sugar-manufacturing industrial machinery market declined markedly to $X in 2022, with a decrease of -37.4% against the previous year. In general, consumption continues to indicate a dramatic contraction. Sugar-manufacturing industrial machinery consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Sugar-Manufacturing Industrial Machinery Production in Iraq

In value terms, sugar-manufacturing industrial machinery production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by 17% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Sugar-Manufacturing Industrial Machinery Exports

Exports from Iraq

In 2021, exports of industrial machinery for the manufacture or preparation of sugar from Iraq stood at X units, remaining constant against the previous year's figure. In general, exports saw a precipitous descent. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, sugar-manufacturing industrial machinery exports amounted to $X in 2021. Overall, exports recorded a sharp curtailment. The smallest decline of 99.9% was in 2016. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey (X units) was the main destination for sugar-manufacturing industrial machinery exports from Iraq, with a approx. 100% share of total exports.

From 2015 to 2021, the average annual growth rate of volume to Turkey totaled -25.1%.

From 2015 to 2021, the average annual rate of growth in terms of value to Turkey amounted to -1.7%.

Export Prices by Country

The average sugar-manufacturing industrial machinery export price stood at $X per unit in 2021, approximately reflecting the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price decreased by 99.9%. The export price peaked in 2021 and is expected to retain growth in years to come.

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

From 2015 to 2021, the rate of growth in terms of prices for Turkey amounted to +30.8% per year.

Sugar-Manufacturing Industrial Machinery Imports

Imports into Iraq

In 2022, the amount of industrial machinery for the manufacture or preparation of sugar imported into Iraq reduced notably to X units, which is down by -51.6% compared with 2021 figures. In general, imports recorded a dramatic setback. The pace of growth appeared the most rapid in 2018 with an increase of 3,950%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, sugar-manufacturing industrial machinery imports fell sharply to $X in 2022. Over the period under review, imports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2018 when imports increased by 3,173%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Lebanon (X units), China (X units) and Turkey (X units) were the main suppliers of sugar-manufacturing industrial machinery imports to Iraq, with a combined 88% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of -9.2%), while imports for the other leaders experienced a decline.

In value terms, China ($X), Lebanon ($X) and Turkey ($X) constituted the largest sugar-manufacturing industrial machinery suppliers to Iraq, together accounting for 87% of total imports. These countries were followed by India and the United Arab Emirates, which together accounted for a further 13%.

India, with a CAGR of -27.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average sugar-manufacturing industrial machinery import price stood at $X per unit in 2022, surging by 12% against the previous year. Over the period under review, the import price, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 an increase of 34%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 the United Arab Emirates ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial machinery for the manufacture or preparation of sugar in the world?

The countries with the highest volumes of sugar-manufacturing industrial machinery consumption in 2021 were South Africa, India and Indonesia, with a combined 42% share of global consumption. Italy, Thailand, Germany, Poland, Belgium, Spain, Belarus, Romania, Paraguay and the Czech Republic lagged somewhat behind, together accounting for a further 39%.

What are the largest producers of industrial machinery for the manufacture or preparation of sugar in the world?

The countries with the highest volumes of sugar-manufacturing industrial machinery production in 2021 were India, South Africa and Italy, with a combined 56% share of global production. These countries were followed by Germany, Thailand, Spain, Belgium, the Czech Republic, Romania, Poland and Paraguay, which together accounted for a further 37%.

What are the leading suppliers of industrial machinery for the manufacture or preparation of sugar to Iraq?

In value terms, China constituted the largest supplier of sugar-manufacturing industrial machinery to Iraq, comprising 78% of total imports. The second position in the ranking was occupied by Turkey, with a 12% share of total imports.

What is the average export price for industrial machinery for the manufacture or preparation of sugar in Iraq?

The average sugar-manufacturing industrial machinery export price stood at $2,756 per unit in 2015, therefore, remained relatively stable against the previous year.

What is the average import price for industrial machinery for the manufacture or preparation of sugar in Iraq?

In 2021, the average sugar-manufacturing industrial machinery import price amounted to $614 per unit, picking up by 12% against the previous year.

This report provides an in-depth analysis of the sugar-manufacturing industrial machinery 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 28931730 - Industrial machinery for the manufacture or preparation of sugar

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