Iraq - Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIraq: Market for Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines 2024
Market Size for Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines in Iraq
The Iraqi market for line pipe of steel other than stainless steel for oil or gas pipelines fell to $X in 2022, declining by -12.7% 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 saw a abrupt curtailment. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.
Exports of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines
Exports from Iraq
In 2017, shipments abroad of line pipe of steel other than stainless steel for oil or gas pipelines decreased by -41.6% to X tons for the first time since 2014, thus ending a two-year declining trend. Over the period under review, exports, however, enjoyed a significant expansion. The exports peaked at X tons in 2016, and then dropped significantly in the following year.
In value terms, exports of line pipe of steel other than stainless steel for oil or gas pipelines declined markedly to $X in 2017. Overall, exports, however, saw notable growth. The exports peaked at $X in 2016, and then fell dramatically in the following year.
Exports by Country
Iran (X tons) was the main destination for exports of line pipe of steel other than stainless steel for oil or gas pipelines from Iraq, with a approx. 100% share of total exports.
From 2012 to 2017, the average annual rate of growth in terms of volume to Iran totaled -41.6%.
In value terms, Iran ($X) also remains the key foreign market for line pipe of steel other than stainless steel for oil or gas pipelines exports from Iraq.
From 2012 to 2017, the average annual rate of growth in terms of value to Iran totaled -71.5%.
Export Prices by Country
In 2017, the average export price for line pipe of steel other than stainless steel for oil or gas pipelines amounted to $X per ton, shrinking by -51.3% against the previous year. In general, the export price showed a sharp shrinkage. The export price peaked at $X per ton in 2012; however, from 2013 to 2017, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Iran.
From 2012 to 2017, the rate of growth in terms of prices for Iran amounted to -51.2% per year.
Imports of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines
Imports into Iraq
In 2022, approx. X tons of line pipe of steel other than stainless steel for oil or gas pipelines were imported into Iraq; which is down by -15.9% on 2021 figures. Over the period under review, imports faced a abrupt setback. The pace of growth appeared the most rapid in 2017 with an increase of 161%. Over the period under review, imports of attained the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.
In value terms, imports of line pipe of steel other than stainless steel for oil or gas pipelines fell to $X in 2022. In general, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of 123%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, China (X tons) constituted the largest line pipe of steel other than stainless steel for oil or gas pipelines supplier to Iraq, accounting for a 59% share of total imports. Moreover, imports of line pipe of steel other than stainless steel for oil or gas pipelines from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), fourfold. The third position in this ranking was held by the United Arab Emirates (X tons), with a 9.2% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-12.0% per year) and the United Arab Emirates (+18.9% per year).
In value terms, China ($X) constituted the largest supplier of line pipe of steel other than stainless steel for oil or gas pipelines to Iraq, comprising 39% of total imports. The second position in the ranking was taken by Italy ($X), with a 16% share of total imports. It was followed by Russia, with a 14% share.
From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-8.7% per year) and Russia (-13.4% per year).
Import Prices by Country
In 2022, the average import price for line pipe of steel other than stainless steel for oil or gas pipelines amounted to $X per ton, rising by 5.8% against the previous year. In general, the import price, however, saw a mild reduction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 43%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for line pipe of steel other than stainless steel for oil or gas pipelines 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 24201150 - Line pipe, of a kind used for oil or gas pipelines, seamless, of steel other than stainless steel
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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