Report Update Nov 1, 2024

Iraq - Railway or Tramway Track Fixtures and Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Railway Track Fixture Market 2024

Railway Track Fixture Market Size in Iraq

In 2021, the Iraqi railway track fixture market increased by 5.8% to $X, rising for the fourth year in a row after five years of decline. Overall, consumption showed a deep setback. Railway track fixture consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Railway Track Fixture Exports

Exports from Iraq

In 2018, the amount of railway or tramway track fixtures and fittings exported from Iraq amounted to X tons, remaining constant against the year before. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2018 and are expected to retain growth in the near future.

In value terms, railway track fixture exports amounted to $X in 2018. Overall, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2018 and are expected to retain growth in the immediate term.

Exports by Country

Iran (X tons) was the main destination for railway track fixture exports from Iraq, with a approx. 100% share of total exports.

From 2018 to 2018, the average annual growth rate of volume to Iran was relatively modest.

From 2018 to 2018, the average annual rate of growth in terms of value to Iran was relatively modest.

Railway Track Fixture Imports

Imports into Iraq

After three years of growth, supplies from abroad of railway or tramway track fixtures and fittings decreased by -10% to X tons in 2021. In general, imports continue to indicate a deep slump. The growth pace was the most rapid in 2020 with an increase of 219% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, railway track fixture imports skyrocketed to $X in 2021. Overall, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 247% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of railway track fixture to Iraq, with a 79% share of total imports. Moreover, railway track fixture imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), ninefold. The third position in this ranking was held by the United Arab Emirates (X tons), with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey stood at +30.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.3% per year) and the United Arab Emirates (+50.8% per year).

In value terms, Turkey ($X), the United States ($X) and the United Arab Emirates ($X) were the largest railway track fixture suppliers to Iraq, together accounting for 92% of total imports.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +53.3%, saw the highest growth rate of 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 railway track fixture import price amounted to $X per ton, surging by 32% against the previous year. In general, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, railway track fixture import price increased by +44.2% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+24.9%), 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 railway or tramway track fixtures and fittings in the world?

The United States remains the largest railway track fixture consuming country worldwide, accounting for 67% of total volume. Moreover, railway track fixture consumption in the United States exceeded the figures recorded by the second-largest consumer, the UK, more than tenfold. The third position in this ranking was occupied by Spain, with a 4.3% share.

What are the largest producers of railway or tramway track fixtures and fittings in the world?

The United States constituted the country with the largest volume of railway track fixture production, comprising approx. 67% of total volume. Moreover, railway track fixture production in the United States exceeded the figures recorded by the second-largest producer, China, more than tenfold. The UK ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of railway or tramway track fixtures and fittings to Iraq?

In value terms, the largest railway track fixture suppliers to Iraq were Turkey and the United States.

What is the average export price for railway or tramway track fixtures and fittings in Iraq?

In 2018, the average railway track fixture export price amounted to $1,988 per ton, remaining constant against the previous year.

What is the average import price for railway or tramway track fixtures and fittings in Iraq?

In 2021, the average railway track fixture import price amounted to $6,799 per ton, shrinking by -2% against the previous year.

This report provides an in-depth analysis of the railway track fixture 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 399900Z5 - Railway or tramway track fixtures and fittings (excluding sleepers of wood, concrete or steel, sections of track and other track fixtures not yet assembled and railway or tramway track construction material), mechanical, including electromechanical, signalling, safety or traffic control equipment for railways, tramways, roads, inland waterways, p arking facilities, port installations or airfields, parts of the foregoing
Prodcom 25992910 - Railway or tramway track fixtures and fittings and parts thereof
Prodcom 30204050 - Mechanical or electromechanical signalling, safety or traffic control equipment for roads, inland waterways, parking facilities, port installations or airfields
Prodcom 30204060 - Mechanical signalling, safety or traffic control equipment for railways or tramways, parts of mechanical (including electromechanical), signalling, safety or traffic control equipment for railways, tramways, roads, inland waterways, p arking facilities, port installations or airfields

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