Report Update Nov 1, 2024

Iraq - Overhead Travelling Cranes on Fixed Support - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Overhead Travelling Crane Market 2024

Overhead Travelling Crane Market Size in Iraq

In 2022, after two years of decline, there was significant growth in the Iraqi overhead travelling crane market, when its value increased by 5.3% to $X. Over the period under review, consumption enjoyed a moderate increase. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Overhead Travelling Crane Production in Iraq

In value terms, overhead travelling crane production fell slightly to $X in 2022 estimated in export price. In general, the total production indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.8% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 51%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Overhead Travelling Crane Exports

Exports from Iraq

In value terms, overhead travelling crane exports stood at $X in 2021. Over the period under review, exports posted a significant increase. The smallest decline of 99.9% was in 2019. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

From 2018 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Overhead Travelling Crane Imports

Imports into Iraq

In 2022, supplies from abroad of overhead travelling cranes on fixed support was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by 964% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, overhead travelling crane imports skyrocketed to $X in 2022. Overall, imports enjoyed a tangible expansion. The pace of growth appeared the most rapid in 2013 with an increase of 313% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Italy (X units), Turkey (X units) and the UK (X units) were the main suppliers of overhead travelling crane imports to Iraq, with a combined 61% share of total imports. The United Arab Emirates, China, Bulgaria, Iran and South Korea lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Iran (with a CAGR of +12.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of overhead travelling cranes on fixed support to Iraq, comprising 32% of total imports. The second position in the ranking was taken by the UK ($X), with a 13% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+57.2% per year) and China (+4.8% per year).

Import Prices by Country

In 2022, the average overhead travelling crane import price amounted to $X per unit, waning by -3.7% against the previous year. Overall, the import price, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 74% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+27.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for overhead travelling cranes on fixed support in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 38% of global consumption. Japan, Russia, Israel, Brazil, Bangladesh, Italy, the UK, Canada, South Africa and South Korea lagged somewhat behind, together comprising a further 28%.

What are the largest producers of overhead travelling cranes on fixed support in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 43% share of global production. These countries were followed by Japan, Russia, Brazil, Bangladesh, Italy, Spain, the UK, South Korea, Canada and Iran, which together accounted for a further 30%.

What are the leading suppliers of overhead travelling cranes on fixed support to Iraq?

In value terms, Turkey constituted the largest supplier of overhead travelling crane to Iraq, comprising 85% of total imports. The second position in the ranking was occupied by Italy, with a 13% share of total imports. It was followed by Sweden, with a 0.4% share.

What is the average import price for overhead travelling cranes on fixed support in Iraq?

In 2021, the average overhead travelling crane import price amounted to $17,862 per unit, picking up by 63% against the previous year.

This report provides an in-depth analysis of the overhead travelling crane 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 28221420 - Overhead travelling cranes on fixed support

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