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Iraq - Isolating Switches & Make-And-Break Switches - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIraq: Isolating Switch Market 2025
Isolating Switch Market Size in Iraq
The Iraqi isolating switch market surged to $X in 2022, picking up by 28% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a buoyant expansion. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.
Isolating Switch Exports
Exports from Iraq
In 2022, overseas shipments of isolating switches & make-and-break switches decreased by -35.4% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,141% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then reduced rapidly in the following year.
In value terms, isolating switch exports shrank dramatically to $X in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 1,161% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Switzerland (X units) was the main destination for isolating switch exports from Iraq, accounting for a approx. 100% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Switzerland stood at +34.5%.
In value terms, Switzerland ($X) emerged as the key foreign market for isolating switches & make-and-break switches exports from Iraq.
From 2012 to 2022, the average annual growth rate of value to Switzerland stood at +35.0%.
Export Prices by Country
In 2022, the average isolating switch export price amounted to $X per unit, with an increase of 19% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 63% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +0.4% per year.
Isolating Switch Imports
Imports into Iraq
In 2022, isolating switch imports into Iraq surged to X units, with an increase of 19% compared with the year before. Overall, imports enjoyed perceptible growth. The growth pace was the most rapid in 2013 when imports increased by 132%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.
In value terms, isolating switch imports surged to $X in 2022. In general, imports posted buoyant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 189% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.
Imports by Country
South Korea (X units), Japan (X units) and Italy (X units) were the main suppliers of isolating switch imports to Iraq, with a combined 56% share of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +21.5%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Japan ($X) constituted the largest supplier of isolating switches & make-and-break switches to Iraq, comprising 35% of total imports. The second position in the ranking was held by South Korea ($X), with a 15% share of total imports. It was followed by Germany, with a 7.8% share.
From 2012 to 2022, the average annual growth rate of value from Japan totaled +31.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+22.7% per year) and Germany (+6.4% per year).
Import Prices by Country
The average isolating switch import price stood at $X per unit in 2022, picking up by 9.8% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, isolating switch import price increased by +83.4% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 59%. The import price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Saudi Arabia ($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 (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the isolating switch 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 27121030 - Isolating switches and make-and-break switches
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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