Iraq: Network Communications Equipment Market 2025

Network Communications Equipment Market Size in Iraq

In 2022, the Iraqi network communications equipment market decreased by -36.5% to $X for the first time since 2016, thus ending a five-year rising trend. Overall, consumption, however, recorded a resilient increase. As a result, consumption attained the peak level of $X, and then reduced dramatically in the following year.

Network Communications Equipment Exports

Exports from Iraq

Network communications equipment exports from Iraq surged to X units in 2022, jumping by 300% compared with the previous year's figure. In general, exports showed mild growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,467%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, network communications equipment exports surged to $X in 2022. Over the period under review, exports continue to indicate a resilient increase. The growth pace was the most rapid in 2020 with an increase of 11,925% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X units) was the main destination for network communications equipment exports from Iraq, with a 39% share of total exports. Moreover, network communications equipment exports to Spain exceeded the volume sent to the second major destination, Hungary (X units), fivefold. The third position in this ranking was taken by India (X units), with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain stood at +93.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+17.0% per year) and India (0.0% per year).

In value terms, the largest markets for network communications equipment exported from Iraq were India ($X), Hungary ($X) and Spain ($X), together accounting for 81% of total exports.

Spain, with a CAGR of +80.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average network communications equipment export price stood at $X per unit in 2022, increasing by 81% against the previous year. Overall, the export price enjoyed buoyant growth. The pace of growth was the most pronounced in 2020 an increase of 668% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+390.7%), while the prices for the other major destinations experienced more modest paces of growth.

Network Communications Equipment Imports

Imports into Iraq

In 2022, after five years of growth, there was significant decline in purchases abroad of network communications equipment, when their volume decreased by -34.4% to X units. In general, imports, however, showed a temperate expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 355%. As a result, imports attained the peak of X units, and then contracted significantly in the following year.

In value terms, network communications equipment imports declined sharply to $X in 2022. Over the period under review, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 359%. As a result, imports reached the peak of $X, and then declined dramatically in the following year.

Imports by Country

In 2022, the UK (X units) constituted the largest network communications equipment supplier to Iraq, with a 45% share of total imports. Moreover, network communications equipment imports from the UK exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Hong Kong SAR (X units) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK totaled +50.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+62.0% per year) and Hong Kong SAR (+143.4% per year).

In value terms, the UK ($X) constituted the largest supplier of network communications equipment to Iraq, comprising 42% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 20% share of total imports. It was followed by the United States, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK totaled +50.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+221.8% per year) and the United States (+43.3% per year).

Import Prices by Country

The average network communications equipment import price stood at $X per unit in 2022, dropping by -7.2% against the previous year. In general, the import price, however, saw a buoyant increase. The pace of growth was the most pronounced in 2017 an increase of 162% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices remained 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 Hong Kong SAR ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+32.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :