Report Update Feb 1, 2025

Iraq - Metal Cutting Shears and Similar Hand Tools - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Metal Cutting Shear Market 2025

Metal Cutting Shear Market Size in Iraq

In 2022, the Iraqi metal cutting shear market increased by 12% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption showed a remarkable increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Metal Cutting Shear Exports

Exports from Iraq

In 2022, after two years of decline, there was decline in overseas shipments of metal cutting shears and similar hand tools, when their volume decreased by 0% to X kg. In general, exports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2017 when exports increased by 450%. The exports peaked at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal cutting shear exports surged to $X in 2022. Over the period under review, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2017 with an increase of 4,300%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X kg) was the main destination for metal cutting shear 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 Turkey stood at -24.0%.

In value terms, Turkey ($X) also remains the key foreign market for metal cutting shears and similar hand tools exports from Iraq.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey amounted to -21.4%.

Export Prices by Country

The average metal cutting shear export price stood at $X per ton in 2022, jumping by 50% against the previous year. Overall, the export price continues to indicate noticeable growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 700% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +3.4% per year.

Metal Cutting Shear Imports

Imports into Iraq

In 2022, overseas purchases of metal cutting shears and similar hand tools were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of 318%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, metal cutting shear imports fell to $X in 2022. Over the period under review, imports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 227%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal cutting shear to Iraq, with a 52% share of total imports. Moreover, metal cutting shear imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. The third position in this ranking was held by Turkey (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+21.8% per year) and Turkey (-3.8% per year).

In value terms, China ($X) constituted the largest supplier of metal cutting shears and similar hand tools to Iraq, comprising 53% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 12% share of total imports. It was followed by Turkey, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+7.4% per year) and Turkey (-4.4% per year).

Import Prices by Country

The average metal cutting shear import price stood at $X per ton in 2022, which is down by -21.9% against the previous year. Over the period under review, the import price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2016 an increase of 73%. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then contracted markedly in the following year.

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 India ($X per ton), while the price for Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.5%), 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 metal cutting shears and similar hand tools in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 39% of global consumption. Japan, Taiwan Chinese), Germany, Russia, Pakistan, the UK, Mexico, South Korea, Italy and Spain lagged somewhat behind, together accounting for a further 32%.

What are the largest producers of metal cutting shears and similar hand tools in the world?

The country with the largest volume of metal cutting shear production was China, accounting for 47% of total volume. Moreover, metal cutting shear production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Taiwan Chinese), with a 5.8% share.

What are the leading suppliers of metal cutting shears and similar hand tools to Iraq?

In value terms, China constituted the largest supplier of metal cutting shear to Iraq, comprising 58% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 12% share of total imports. It was followed by South Korea, with a 9.9% share.

What are the leading importers of metal cutting shears and similar hand tools from Iraq?

In value terms, Turkey $55) remains the key foreign market for metal cutting shear exports from Iraq.

What is the average export price for metal cutting shears and similar hand tools in Iraq?

The average metal cutting shear export price stood at $13,750 per ton in 2021, growing by 20% against the previous year.

What is the average import price for metal cutting shears and similar hand tools in Iraq?

In 2021, the average metal cutting shear import price amounted to $6,436 per ton, picking up by 12% against the previous year.

This report provides an in-depth analysis of the metal cutting shear 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 25733023 - Metal cutting shears and similar hand tools

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024