Iraq: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2024

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Iraq

The Iraqi fruit or nut preserves market dropped modestly to $X in 2021, remaining relatively unchanged against the previous year. Overall, the total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +54.0% against 2012 indices. Over the period under review, the market reached the peak level at $X in 2020, and then dropped in the following year.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Iraq

In value terms, fruit or nut preserves production shrank to $X in 2021 estimated in export price. Overall, the total production indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +100.4% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 52% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then contracted in the following year.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports from Iraq

In 2021, overseas shipments of jams, marmalades, fruit jellies, fruit or nut purees and pastes decreased by -4.8% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, saw prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of 146% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, fruit or nut preserves exports contracted to $X in 2021. Overall, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 143% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Lebanon (X tons) was the main destination for fruit or nut preserves exports from Iraq, accounting for a 90% share of total exports. Moreover, fruit or nut preserves exports to Lebanon exceeded the volume sent to the second major destination, Turkey (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Lebanon totaled +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+107.5% per year) and the United States (+102.6% per year).

In value terms, Lebanon ($X) remains the key foreign market for jams, marmalades, fruit jellies, fruit or nut purees and pastes exports from Iraq, comprising 88% of total exports. The second position in the ranking was taken by Turkey ($X), with a 3.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Lebanon amounted to +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+67.9% per year) and the United States (+84.6% per year).

Export Prices by Country

In 2021, the average fruit or nut preserves export price amounted to $X per ton, reducing by -6.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2015 an increase of 30%. Over the period under review, the average export prices attained the maximum at $X per ton in 2020, and then dropped in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports into Iraq

After three years of decline, supplies from abroad of jams, marmalades, fruit jellies, fruit or nut purees and pastes increased by 44% to X tons in 2021. In general, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of 236% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, fruit or nut preserves imports skyrocketed to $X in 2021. Over the period under review, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 223%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest fruit or nut preserves supplier to Iraq, accounting for a 86% share of total imports. Moreover, fruit or nut preserves imports from Turkey exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Turkey totaled +10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+45.1% per year) and Greece (-0.3% per year).

In value terms, Turkey ($X) constituted the largest supplier of jams, marmalades, fruit jellies, fruit or nut purees and pastes to Iraq, comprising 88% of total imports. The second position in the ranking was taken by India ($X), with a 3.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey totaled +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+53.7% per year) and Greece (+5.2% per year).

Import Prices by Country

The average fruit or nut preserves import price stood at $X per ton in 2021, growing by 8.6% against the previous year. Overall, the import price, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2020 an increase of 16% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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