Iraq: Market for Non-Soap Surface-Active Washing and Cleaning Preparations 2024

Market Size for Non-Soap Surface-Active Washing and Cleaning Preparations in Iraq

For the fourth consecutive year, the Iraqi market for non-soap surface-active washing and cleaning preparations recorded decline in sales value, which decreased by -14.7% to $X in 2021. Over the period under review, consumption, however, posted resilient growth. Consumption of peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Exports of Non-Soap Surface-Active Washing and Cleaning Preparations

Exports from Iraq

In 2021, overseas shipments of non-soap surface-active washing and cleaning preparations decreased by -19.2% to X tons, falling for the second year in a row after five years of growth. In general, exports, however, continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2017 with an increase of 95% 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, exports of non-soap surface-active washing and cleaning preparations contracted remarkably to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 81% against the previous year. Over the period under review, the exports of hit record highs at $X in 2020, and then dropped sharply in the following year.

Exports by Country

Turkey (X tons) was the main destination for exports of non-soap surface-active washing and cleaning preparations from Iraq, with a 89% share of total exports. Moreover, exports of non-soap surface-active washing and cleaning preparations to Turkey exceeded the volume sent to the second major destination, Lebanon (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to Turkey amounted to +7.1%.

In value terms, the largest markets for non-soap surface-active washing and cleaning preparations exported from Iraq were Turkey ($X) and Lebanon ($X).

Among the main countries of destination, Turkey, with a CAGR of +5.2%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average export price for non-soap surface-active washing and cleaning preparations stood at $X per ton in 2021, with a decrease of -25.6% against the previous year. Over the period under review, the export price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Lebanon ($X per ton), while the average price for exports to Turkey amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-1.8%).

Imports of Non-Soap Surface-Active Washing and Cleaning Preparations

Imports into Iraq

For the fourth year in a row, Iraq recorded decline in supplies from abroad of non-soap surface-active washing and cleaning preparations, which decreased by -5.7% to X tons in 2021. In general, imports, however, saw a temperate expansion. The growth pace was the most rapid in 2015 when imports increased by 61% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of non-soap surface-active washing and cleaning preparations fell dramatically to $X in 2021. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -25.7% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of 51%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest non-soap surface-active washing and cleaning preparations supplier to Iraq, accounting for a 89% share of total imports. Moreover, imports of non-soap surface-active washing and cleaning preparations from Turkey exceeded the figures recorded by the second-largest supplier, Jordan (X tons), threefold. The third position in this ranking was taken by China (X tons), with an 8.5% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey amounted to +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (-3.0% per year) and China (+15.0% per year).

In value terms, Turkey ($X), Jordan ($X) and China ($X) were the largest non-soap surface-active washing and cleaning preparations suppliers to Iraq.

In terms of the main suppliers, Saudi Arabia, with a CAGR of +21.9%, recorded 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 2021, the average import price for non-soap surface-active washing and cleaning preparations amounted to $X per ton, dropping by -13.4% against the previous year. In general, import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for non-soap surface-active washing and cleaning preparations increased by +86.0% against 2017 indices. The growth pace was the most rapid in 2020 an increase of 66% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+10.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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