Report Update Nov 1, 2024

Iraq - Iron Ores - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Iraq: Iron Ore Market 2021

Iron Ore Market Size in Iraq

In 2019, the Iraqi iron ore market increased by X% to $X for the first time since 2012, thus ending a six-year declining trend. Over the period under review, consumption saw a abrupt downturn. The most prominent rate of growth was recorded in 2010 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2007; however, from 2008 to 2019, consumption remained at a lower figure.

Iron Ore Production in Iraq

In value terms, iron ore production totaled $X in 2019 estimated in export prices. In general, production showed a abrupt setback. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Iron ore production peaked at $X in 2012; however, from 2013 to 2019, production failed to regain the momentum.

Iron Ore Exports

Exports from Iraq

In 2019, approx. X kg of iron ores were exported from Iraq; remaining stable against 2018 figures. Overall, exports saw a relatively flat trend pattern. Exports peaked at X tons in 2011; however, from 2012 to 2019, exports stood at a somewhat lower figure.

In value terms, iron ore exports stood at $X in 2019. Over the period under review, exports recorded a relatively flat trend pattern. Exports peaked at $X in 2011; however, from 2012 to 2019, exports remained at a lower figure.

Exports by Country

Iran (X tons) was the main destination for iron ore exports from Iraq, accounting for a approx. X% share of total exports.

From 2007 to 2011, the average annual growth rate of volume to Iran was relatively modest.

From 2007 to 2011, the average annual rate of growth in terms of value to Iran was relatively modest.

Export Prices by Country

The average iron ore export price stood at $X per ton in 2011, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. Over the period under review, average export prices reached the maximum in 2011 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 Iran.

From 2007 to 2011, the rate of growth in terms of prices for Iran amounted to X% per year.

Iron Ore Imports

Imports into Iraq

After six years of growth, supplies from abroad of iron ores decreased by -X% to X tons in 2019. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2011 to 2019, the growth imports failed to regain the momentum.

In value terms, iron ore imports rose to $X in 2019. In general, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. From 2011 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2019, China (X tons) was the main supplier of iron ore to Iraq, with a X% share of total imports. Moreover, iron ore imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume from China amounted to +X%.

In value terms, China ($X) constituted the largest supplier of iron ore to Iraq, comprising X% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from China totaled +X%.

Import Prices by Country

In 2019, the average iron ore import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. As a result, import price reached the peak level of $X per ton. From 2012 to 2019, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the United Arab Emirates ($X per ton), while the price for China totaled $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron ores in the world?

China constituted the country with the largest volume of iron ore consumption, comprising approx. 54% of total volume. Moreover, iron ore consumption in China exceeded the figures recorded by the second-largest consumer, India, eightfold. The third position in this ranking was occupied by Australia, with a 6.1% share.

What are the largest producers of iron ores in the world?

The countries with the highest volumes of iron ore production in 2019 were Australia, Brazil and China, with a combined 70% share of global production.

What are the leading suppliers of iron ores to Iraq?

In value terms, China constituted the largest supplier of iron ore to Iraq, comprising 79% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 21% share of total imports.

What is the average export price for iron ores in Iraq?

The average iron ore export price stood at $80 per ton in 2011, remaining constant against the previous year.

What is the average import price for iron ores in Iraq?

The average iron ore import price stood at $1,021 per ton in 2019, rising by 10% against the previous year.

This report provides an in-depth analysis of the iron ore 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 2025.

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 2012–2023
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