Iraq: Remote Control Apparatus Market 2025

Remote Control Apparatus Market Size in Iraq

The Iraqi remote control apparatus market shrank sharply to $X in 2021, which is down by -26.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed buoyant growth. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Remote Control Apparatus Exports

Exports from Iraq

In 2021, shipments abroad of radio remote control apparatus increased by 25% to X kg, rising for the second year in a row after three years of decline. Overall, exports, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2013 with an increase of 1,100%. As a result, the exports reached the peak of X kg. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, remote control apparatus exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of 856% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) and Germany (X kg) were the main destinations of remote control apparatus exports from Iraq.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +14.7%).

In value terms, Germany ($X) emerged as the key foreign market for radio remote control apparatus exports from Iraq, comprising 57% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled -17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+27.0% per year) and Qatar (-41.2% per year).

Export Prices by Country

In 2021, the average remote control apparatus export price amounted to $X per ton, with an increase of 52% against the previous year. Over the period under review, the export price, however, saw a abrupt slump. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Qatar ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+6.3%), while the prices for the other major destinations experienced a decline.

Remote Control Apparatus Imports

Imports into Iraq

In 2021, approx. X tons of radio remote control apparatus were imported into Iraq; waning by -13.5% compared with the year before. Overall, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 270% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, remote control apparatus imports dropped remarkably to $X in 2021. Over the period under review, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 317% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest remote control apparatus supplier to Iraq, accounting for a 78% share of total imports. Moreover, remote control apparatus imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. The third position in this ranking was held by the United Arab Emirates (X kg), with a 2.8% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey amounted to +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+36.0% per year) and the United Arab Emirates (-10.8% per year).

In value terms, China ($X) constituted the largest supplier of radio remote control apparatus to Iraq, comprising 31% of total imports. The second position in the ranking was taken by Turkey ($X), with a 15% share of total imports. It was followed by Denmark, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +48.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+16.1% per year) and Denmark (+13.5% per year).

Import Prices by Country

In 2021, the average remote control apparatus import price amounted to $X per ton, reducing by -38.2% against the previous year. Over the period under review, the import price, however, showed a pronounced increase. The growth pace was the most rapid in 2016 an increase of 62% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Denmark ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+60.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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