Report Update Nov 1, 2024

Iraq - Prepared Glues and Other Prepared Adhesives - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Market for Prepared Glues And Other Prepared Adhesives 2024

Market Size for Prepared Glues And Other Prepared Adhesives in Iraq

After two years of decline, the Iraqi market for prepared glues and other prepared adhesives increased by 29% to $X in 2021. Overall, consumption showed a buoyant expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Exports of Prepared Glues And Other Prepared Adhesives

Exports from Iraq

In 2021, approx. X tons of prepared glues and other prepared adhesives were exported from Iraq; with a decrease of -25% compared with 2020 figures. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 418% against the previous year. As a result, the exports reached the peak of X tons, and then declined notably in the following year.

In value terms, exports of prepared glues and other prepared adhesives shrank sharply to $X in 2021. Over the period under review, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2020 when exports increased by 161% against the previous year. As a result, the exports reached the peak of $X, and then reduced notably in the following year.

Exports by Country

Turkey (X tons) was the main destination for exports of prepared glues and other prepared adhesives from Iraq, accounting for a 146% share of total exports. Moreover, exports of prepared glues and other prepared adhesives to Turkey exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume to Turkey stood at +18.9%.

In value terms, Turkey ($X) remains the key foreign market for prepared glues and other prepared adhesives exports from Iraq, comprising 128% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 26% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey stood at +14.8%.

Export Prices by Country

The average export price for prepared glues and other prepared adhesives stood at $X per ton in 2021, growing by 6.2% against the previous year. Overall, the export price, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2019 an increase of 75% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($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 (-3.5%).

Imports of Prepared Glues And Other Prepared Adhesives

Imports into Iraq

In 2021, after two years of decline, there was significant growth in purchases abroad of prepared glues and other prepared adhesives, when their volume increased by 21% to X tons. In general, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 46% against the previous year. Over the period under review, imports of hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, imports of prepared glues and other prepared adhesives skyrocketed to $X in 2021. Overall, imports posted a buoyant increase. The pace of growth was the most pronounced in 2017 when imports increased by 38% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Iran (X tons), Turkey (X tons) and China (X tons) were the main suppliers of imports of prepared glues and other prepared adhesives to Iraq, together comprising 69% of total imports.

From 2012 to 2021, the biggest increases were recorded for Iran (with a CAGR of +16.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared glues and other prepared adhesives suppliers to Iraq were Iran ($X), Turkey ($X) and China ($X), with a combined 73% share of total imports.

Among the main suppliers, Iran, with a CAGR of +20.8%, 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

In 2021, the average import price for prepared glues and other prepared adhesives amounted to $X per ton, surging by 8.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2020 an increase of 28%. The import price peaked at $X per ton in 2014; however, from 2015 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 the United States ($X per ton), while the price for Jordan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+4.4%), 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 prepared glues and other prepared adhesives in the world?

China constituted the country with the largest volume of consumption of prepared glues and other prepared adhesives, accounting for 33% of total volume. Moreover, consumption of prepared glues and other prepared adhesives in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with an 8.4% share.

What are the largest producers of prepared glues and other prepared adhesives in the world?

China remains the largest prepared glues and other prepared adhesives producing country worldwide, comprising approx. 35% of total volume. Moreover, production of prepared glues and other prepared adhesives in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with an 8.8% share.

What are the leading suppliers of prepared glues and other prepared adhesives to Iraq?

In value terms, the largest prepared glues and other prepared adhesives suppliers to Iraq were Iran, Turkey and China, together comprising 82% of total imports.

What are the leading importers of prepared glues and other prepared adhesives from Iraq?

In value terms, Turkey remains the key foreign market for prepared glues and other prepared adhesives exports from Iraq.

What is the average export price for prepared glues and other prepared adhesives in Iraq?

The average export price for prepared glues and other prepared adhesives stood at $2,317 per ton in 2021, which is down by -43.8% against the previous year.

What is the average import price for prepared glues and other prepared adhesives in Iraq?

The average import price for prepared glues and other prepared adhesives stood at $3,004 per ton in 2021, picking up by 12% against the previous year.

This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives 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 20521080 - Prepared glues and other prepared adhesives, n.e.c.

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