Iraq - Reaction Initiators, Reaction Accelerators and Catalytic Preparations - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIraq: Market for Reaction Initiators, Reaction Accelerators And Catalytic Preparations 2024
Market Size for Reaction Initiators, Reaction Accelerators And Catalytic Preparations in Iraq
The Iraqi reaction initiators and accelerators market reduced sharply to $X in 2022, falling by -19.3% 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). Over the period under review, consumption posted a remarkable increase. Reaction initiators and accelerators consumption peaked at $X in 2021, and then contracted dramatically in the following year.
Exports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations
Exports from Iraq
In 2022, shipments abroad of reaction initiators, reaction accelerators and catalytic preparations decreased by -18.2% to X kg for the first time since 2017, thus ending a four-year declining trend. In general, exports saw a significant contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 1,944% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.
In value terms, reaction initiators and accelerators exports declined to $X in 2022. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 5,855%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.
Exports by Country
Turkey (X kg) was the main destination for reaction initiators and accelerators exports from Iraq, with a approx. 99% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey stood at -20.2%.
In value terms, Turkey ($X) also remains the key foreign market for reaction initiators, reaction accelerators and catalytic preparations exports from Iraq.
From 2012 to 2022, the average annual growth rate of value to Turkey stood at -7.6%.
Export Prices by Country
In 2022, the average reaction initiators and accelerators export price amounted to $X per ton, increasing by 14% against the previous year. In general, the export price recorded a strong expansion. The growth pace was the most rapid in 2017 an increase of 284% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +94.1% per year.
Imports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations
Imports into Iraq
In 2022, supplies from abroad of reaction initiators, reaction accelerators and catalytic preparations increased by 11% to X tons, rising for the fourth year in a row after two years of decline. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 344% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, reaction initiators and accelerators imports reduced sharply to $X in 2022. Over the period under review, imports showed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 153% against the previous year. As a result, imports attained the peak of $X, and then reduced sharply in the following year.
Imports by Country
In 2022, Iran (X tons) constituted the largest supplier of reaction initiators and accelerators to Iraq, with a 68% share of total imports. Moreover, reaction initiators and accelerators imports from Iran exceeded the figures recorded by the second-largest supplier, the UK (X tons), tenfold. Turkey (X tons) ranked third in terms of total imports with a 6.3% share.
From 2012 to 2022, the average annual growth rate of volume from Iran stood at +64.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+19.0% per year) and Turkey (+28.6% per year).
In value terms, France ($X), the United States ($X) and Iran ($X) were the largest reaction initiators and accelerators suppliers to Iraq, together comprising 56% of total imports.
Iran, with a CAGR of +43.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average reaction initiators and accelerators import price amounted to $X per ton, which is down by -44.5% against the previous year. Over the period under review, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 80%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Kuwait ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.4%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for reaction initiators and accelerators 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 20595660 - Reaction initiators, reaction accelerators and catalytic preparations
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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