Report Update Nov 1, 2024

Iraq - Polypropylene in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Market for Polypropylene in Primary Forms 2024

Market Size for Polypropylene in Primary Forms in Iraq

In 2022, after two years of growth, there was significant decline in the Iraqi polypropylene in primary forms market, when its value decreased by -6.8% to $X. Over the period under review, consumption saw a buoyant expansion. Polypropylene in primary forms consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Exports of Polypropylene in Primary Forms

Exports from Iraq

In 2021, shipments abroad of polypropylene in primary forms decreased by -88.4% to X tons, falling for the second year in a row after five years of growth. In general, exports, however, recorded a perceptible increase. The growth pace was the most rapid in 2019 with an increase of 377%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, polypropylene in primary forms exports reduced dramatically to $X in 2021. Over the period under review, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2019 with an increase of 123% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for polypropylene in primary forms exports from Iraq, with a approx. 100% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for polypropylene in primary forms exports from Iraq.

From 2013 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Export Prices by Country

In 2021, the average polypropylene in primary forms export price amounted to $X per ton, picking up by 34% against the previous year. In general, the export price, however, recorded a abrupt downturn. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

From 2013 to 2021, the rate of growth in terms of prices for Qatar amounted to +11.9% per year.

Imports of Polypropylene in Primary Forms

Imports into Iraq

In 2022, the amount of polypropylene in primary forms imported into Iraq rose markedly to X tons, surging by 7% on the previous year's figure. In general, imports showed a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of 745% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, polypropylene in primary forms imports contracted to $X in 2022. Over the period under review, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 641% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Iran (X tons), Saudi Arabia (X tons) and South Korea (X tons) were the main suppliers of polypropylene in primary forms imports to Iraq, with a combined 79% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of +42.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polypropylene in primary forms suppliers to Iraq were Saudi Arabia ($X), Iran ($X) and South Korea ($X), together comprising 69% of total imports.

Among the main suppliers, Iran, with a CAGR of +40.5%, saw the highest rates of growth with regard to 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

The average polypropylene in primary forms import price stood at $X per ton in 2022, reducing by -18% against the previous year. Over the period under review, the import price showed a mild descent. The most prominent rate of growth was recorded in 2021 an increase of 51% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Jordan ($X per ton), while the price for Iran ($X per ton) 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 (+5.6%), 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 polypropylene in primary forms in the world?

The country with the largest volume of polypropylene in primary forms consumption was China, accounting for 23% of total volume. Moreover, polypropylene in primary forms consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 9.4% share.

What are the largest producers of polypropylene in primary forms 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 production. These countries were followed by Saudi Arabia, Brazil, South Korea, Japan, Russia, Thailand, Belgium, Germany, Iran and the United Arab Emirates, which together accounted for a further 34%.

What are the leading suppliers of polypropylene in primary forms to Iraq?

In value terms, the largest polypropylene in primary forms suppliers to Iraq were Iran, Saudi Arabia and South Korea, with a combined 85% share of total imports.

What are the leading importers of polypropylene in primary forms from Iraq?

In value terms, Qatar remains the key foreign market for polypropylene in primary forms exports from Iraq.

What is the average export price for polypropylene in primary forms in Iraq?

In 2020, the average polypropylene in primary forms export price amounted to $650 per ton, surging by 12% against the previous year.

What is the average import price for polypropylene in primary forms in Iraq?

In 2021, the average polypropylene in primary forms import price amounted to $1,123 per ton, picking up by 6.8% against the previous year.

This report provides an in-depth analysis of the market for polypropylene in primary forms 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 20165130 - Polypropylene, in primary forms

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