Report Update Nov 1, 2024

Iraq - Lifting, Handling, Loading or Unloading Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Loading Machinery Market 2024

Loading Machinery Exports

Exports from Iraq

After two years of decline, shipments abroad of lifting, handling, loading or unloading machinery decreased by 0% to X units in 2022. Overall, exports continue to indicate a resilient increase. The growth pace was the most rapid in 2014 when exports increased by 100%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, loading machinery exports amounted to $X in 2022. In general, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2016 when exports increased by 32% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Switzerland (X units) was the main destination for loading machinery exports from Iraq, accounting for a 93% share of total exports. Moreover, loading machinery exports to Switzerland exceeded the volume sent to the second major destination, Turkey (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Switzerland totaled +8.8%.

In value terms, Switzerland ($X) remains the key foreign market for lifting, handling, loading or unloading machinery exports from Iraq, comprising 96% of total exports. The second position in the ranking was held by Turkey ($X), with a 4.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Switzerland totaled -2.1%.

Export Prices by Country

The average loading machinery export price stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Overall, the export price recorded a deep reduction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 29%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Turkey amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (-9.6%).

Loading Machinery Imports

Imports into Iraq

Loading machinery imports into Iraq declined to X units in 2022, with a decrease of -8.2% on the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 255%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, loading machinery imports shrank significantly to $X in 2022. In general, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by 154%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Turkey (X units) and the United Arab Emirates (X units) were the main suppliers of loading machinery imports to Iraq, together comprising 61% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +14.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and Greece ($X) constituted the largest loading machinery suppliers to Iraq, with a combined 43% share of total imports. These countries were followed by the Netherlands, the United Arab Emirates, Canada, Germany, Italy, Switzerland and the UK, which together accounted for a further 23%.

In terms of the main suppliers, Canada, with a CAGR of +8.2%, saw the highest growth rate of 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

In 2022, the average loading machinery import price amounted to $X per unit, reducing by -9% against the previous year. Overall, the import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2016 an increase of 20%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lifting, handling, loading or unloading machinery in the world?

The countries with the highest volumes of loading machinery consumption in 2020 were China, the United States and India, together accounting for 50% of global consumption. These countries were followed by Japan, Hungary, Germany, Mexico, France, Australia, South Korea and Ethiopia, which together accounted for a further 20%.

What are the largest producers of lifting, handling, loading or unloading machinery in the world?

China constituted the country with the largest volume of loading machinery production, accounting for 35% of total volume. Moreover, loading machinery production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The third position in this ranking was occupied by Germany, with an 8.2% share.

What are the leading suppliers of lifting, handling, loading or unloading machinery to Iraq?

In value terms, Germany constituted the largest supplier of loading machinery to Iraq, comprising 81% of total imports. The second position in the ranking was occupied by Italy, with a 15% share of total imports.

What are the leading importers of lifting, handling, loading or unloading machinery from Iraq?

In value terms, Switzerland remains the key foreign market for loading machinery exports from Iraq, comprising 90% of total exports. The second position in the ranking was occupied by Turkey, with a 9.7% share of total exports.

What is the average export price for lifting, handling, loading or unloading machinery in Iraq?

The average loading machinery export price stood at $2,896 per unit in 2020, jumping by 58% against the previous year.

What is the average import price for lifting, handling, loading or unloading machinery in Iraq?

The average loading machinery import price stood at $1,517 per unit in 2020, growing by 48% against the previous year.

This report provides an in-depth analysis of the loading 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 28221840 - Lifting, handling, loading or unloading machinery, n.e.s.
Prodcom 28221850 - Loading machinery specially designed for agricultural use

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