Report Update Nov 1, 2024

Iraq - Planing, Milling or Moulding Machines - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Wood Milling Machine Market 2024

Wood Milling Machine Market Size in Iraq

After two years of decline, the Iraqi wood milling machine market increased by 20% to $X in 2021. Overall, consumption, however, saw a abrupt contraction. Wood milling machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Wood Milling Machine Exports

Exports from Iraq

In 2016, wood milling machine exports from Iraq amounted to X units, approximately reflecting the previous year. In general, exports enjoyed a buoyant expansion. The smallest decline of 99.9% was in 2013. Over the period under review, the exports reached the maximum in 2016 and are likely to continue growth in the near future.

In value terms, wood milling machine exports shrank markedly to $X in 2016. Over the period under review, exports continue to indicate a significant increase. The exports peaked at $X in 2015, and then contracted notably in the following year.

Exports by Country

Turkey (X units) was the main destination for wood milling machine exports from Iraq, accounting for a approx. 100% share of total exports.

From 2012 to 2016, the average annual growth rate of volume to Turkey totaled +18.9%.

From 2012 to 2016, the average annual growth rate of value to Turkey amounted to +23.5%.

Export Prices by Country

In 2016, the average wood milling machine export price amounted to $X per unit, approximately reflecting the previous year. Overall, the export price continues to indicate a temperate increase. The pace of growth appeared the most rapid in 2013 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices hit record highs in 2016 and is likely to see steady growth in the immediate term.

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

From 2012 to 2016, the rate of growth in terms of prices for Turkey amounted to +3.8% per year.

Wood Milling Machine Imports

Imports into Iraq

After two years of decline, supplies from abroad of planing, milling or moulding machines increased by 22% to X units in 2021. Overall, imports, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by 186%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, wood milling machine imports soared to $X in 2021. In general, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 23%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X units) constituted the largest wood milling machine supplier to Iraq, accounting for a 66% share of total imports. Moreover, wood milling machine imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by Romania (X units), with a 5% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey amounted to -13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+56.7% per year) and Romania (+27.7% per year).

In value terms, Turkey ($X) constituted the largest supplier of planing, milling or moulding machines to Iraq, comprising 68% of total imports. The second position in the ranking was taken by Romania ($X), with a 13% share of total imports. It was followed by China, with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey stood at -9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+32.2% per year) and China (+42.4% per year).

Import Prices by Country

In 2021, the average wood milling machine import price amounted to $X per unit, reducing by -2.6% against the previous year. Overall, the import price, however, recorded a perceptible expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 149% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Romania ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+4.7%), 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 planing, milling or moulding machines in the world?

South Africa remains the largest wood milling machine consuming country worldwide, comprising approx. 46% of total volume. Moreover, wood milling machine consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was occupied by the United States, with a 4.9% share.

What are the largest producers of planing, milling or moulding machines in the world?

China remains the largest wood milling machine producing country worldwide, comprising approx. 45% of total volume. Moreover, wood milling machine production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), threefold. Japan ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of planing, milling or moulding machines to Iraq?

In value terms, Italy, Romania and China constituted the largest wood milling machine suppliers to Iraq, together accounting for 87% of total imports.

What are the leading importers of planing, milling or moulding machines from Iraq?

In value terms, Turkey remains the key foreign market for wood milling machine exports from Iraq.

What is the average export price for planing, milling or moulding machines in Iraq?

In 2021, the average wood milling machine export price amounted to $239 per unit, increasing by 13% against the previous year.

What is the average import price for planing, milling or moulding machines in Iraq?

In 2021, the average wood milling machine import price amounted to $1,347 per unit, increasing by 18% against the previous year.

This report provides an in-depth analysis of the wood milling machine 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 28491250 - Planing, milling or moulding (by cutting) machines for working wood, cork, bone, hard rubber, hard plastics or similar hard materials

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