Iraq: Plastic Sanitary Ware Market 2024

Plastic Sanitary Ware Market Size in Iraq

The Iraqi plastic sanitary ware market reduced to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Plastic sanitary ware consumption peaked at $X in 2021, and then reduced in the following year.

Plastic Sanitary Ware Production in Iraq

In value terms, plastic sanitary ware production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Plastic Sanitary Ware Exports

Exports from Iraq

In 2022, after three years of growth, there was decline in shipments abroad of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware, when their volume decreased by X% to X units. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked at X units in 2021, and then declined in the following year.

In value terms, plastic sanitary ware exports fell to $X in 2022. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Iran (X units) was the main destination for plastic sanitary ware exports from Iraq, accounting for a X% share of total exports. Moreover, plastic sanitary ware exports to Iran exceeded the volume sent to the second major destination, Turkey (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iran amounted to X%.

In value terms, Turkey ($X) remains the key foreign market for plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware exports from Iraq, comprising X% of total exports. The second position in the ranking was taken by Iran ($X), with a X% share of total exports.

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

Export Prices by Country

The average plastic sanitary ware export price stood at $X per unit in 2022, falling by X% against the previous year. In general, the export price saw a perceptible downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Iran amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%).

Plastic Sanitary Ware Imports

Imports into Iraq

In 2022, after five years of growth, there was significant decline in supplies from abroad of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware, when their volume decreased by X% to X units. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2021, and then contracted in the following year.

In value terms, plastic sanitary ware imports contracted dramatically to $X in 2022. Overall, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2019 when imports increased by X%. Imports peaked at $X in 2021, and then reduced sharply in the following year.

Imports by Country

Turkey (X units), Iran (X units) and China (X units) were the main suppliers of plastic sanitary ware imports to Iraq, with a combined X% share of total imports. Germany, the United Arab Emirates and Portugal lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware to Iraq, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average plastic sanitary ware import price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price showed a abrupt slump. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices stood 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 Germany ($X per unit), while the price for Iran ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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