Report Update Nov 1, 2024

Iraq - Sausages and Similar Products of Meat - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Sausage Market 2024

Sausage Market Size in Iraq

In 2021, the Iraqi sausage market increased by 22% to $X, rising for the second consecutive year after four years of decline. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Sausage consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Sausage Exports

Exports from Iraq

In 2021, the amount of sausages and similar products of meat exported from Iraq fell markedly to X tons, dropping by -76.9% against 2020. Overall, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 393% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, sausage exports shrank rapidly to $X in 2021. In general, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 693% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Turkey (X tons) was the main destination for sausage exports from Iraq, accounting for a approx. 228% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey totaled +1.9%.

In value terms, Turkey ($X) also remains the key foreign market for sausages and similar products of meat exports from Iraq.

From 2012 to 2021, the average annual growth rate of value to Turkey stood at +8.4%.

Export Prices by Country

In 2021, the average sausage export price amounted to $X per ton, picking up by 155% against the previous year. Overall, the export price recorded a prominent increase. The growth pace was the most rapid in 2017 when the average export price increased by 191% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to +6.4% per year.

Sausage Imports

Imports into Iraq

In 2021, sausage imports into Iraq soared to X tons, rising by 18% compared with the year before. Over the period under review, total imports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +40.7% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 29%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, sausage imports soared to $X in 2021. In general, total imports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +35.3% against 2019 indices. The pace of growth appeared the most rapid in 2015 when imports increased by 53%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X tons) constituted the largest sausage supplier to Iraq, with a 83% share of total imports. Moreover, sausage imports from Turkey exceeded the figures recorded by the second-largest supplier, Iran (X tons), eightfold. Saudi Arabia (X tons) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+11.8% per year) and Saudi Arabia (+27.2% per year).

In value terms, Turkey ($X) constituted the largest supplier of sausages and similar products of meat to Iraq, comprising 73% of total imports. The second position in the ranking was taken by Iran ($X), with a 13% share of total imports. It was followed by Jordan, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+1.4% per year) and Jordan (+13.4% per year).

Import Prices by Country

In 2021, the average sausage import price amounted to $X per ton, rising by 4.9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 80% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sausages and similar products of meat in the world?

China constituted the country with the largest volume of sausage consumption, comprising approx. 28% of total volume. Moreover, sausage consumption in China exceeded the figures recorded by the second-largest consumer, Brazil, fourfold. The third position in this ranking was occupied by the United States, with a 7% share.

What are the largest producers of sausages and similar products of meat in the world?

The country with the largest volume of sausage production was China, accounting for 28% of total volume. Moreover, sausage production in China exceeded the figures recorded by the second-largest producer, Brazil, threefold. The third position in this ranking was occupied by the United States, with a 7.5% share.

What are the leading suppliers of sausages and similar products of meat to Iraq?

In value terms, Turkey constituted the largest supplier of sausage to Iraq, comprising 73% of total imports. The second position in the ranking was occupied by Iran, with a 13% share of total imports.

What are the leading importers of sausages and similar products of meat from Iraq?

In value terms, Turkey remains the key foreign market for sausage exports from Iraq.

What is the average export price for sausages and similar products of meat in Iraq?

In 2021, the average sausage export price amounted to $2,695 per ton, growing by 24% against the previous year.

What is the average import price for sausages and similar products of meat in Iraq?

The average sausage import price stood at $1,141 per ton in 2021, increasing by 6.8% against the previous year.

This report provides an in-depth analysis of the sausage 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 10131430 - Liver sausages and similar products and food preparations based thereon (excluding prepared meals and dishes)
Prodcom 10131460 - Sausages and similar products of meat, offal or blood and food preparations based thereon (excluding liver sausages and prepared meals and dishes)

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