Report Update Nov 1, 2024

Iraq - Sawing or Cutting-Off Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Metal Sawing Machine Market 2024

Metal Sawing Machine Market Size in Iraq

In 2021, the Iraqi metal sawing machine market increased by 91% to $X, rising for the third year in a row after three years of decline. Over the period under review, consumption showed mild growth. Metal sawing machine consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Metal Sawing Machine Exports

Exports from Iraq

For the third year in a row, Iraq recorded decline in shipments abroad of sawing or cutting-off machines for working metal, which decreased by 0% to X units in 2015. Overall, exports saw a precipitous decrease. The smallest decline of -42.4% was in 2013. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2015, the exports failed to regain momentum.

In value terms, metal sawing machine exports stood at $X in 2015. Over the period under review, exports saw a relatively flat trend pattern. The smallest decline of -25.3% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2015, the exports failed to regain momentum.

Exports by Country

Iran (X units) was the main destination for metal sawing machine exports from Iraq, accounting for a 80% share of total exports. Moreover, metal sawing machine exports to Iran exceeded the volume sent to the second major destination, Turkey (X units), fourfold.

From 2012 to 2015, the average annual rate of growth in terms of volume to Iran was relatively modest.

From 2012 to 2015, the average annual growth rate of value to Turkey amounted to -1.8%.

Export Prices by Country

In 2015, the average metal sawing machine export price amounted to $X per unit, approximately mirroring the previous year. In general, the export price saw a significant expansion. The growth pace was the most rapid in 2013 an increase of 30% against the previous year. Over the period under review, the average export prices hit record highs in 2015 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2015, the country with the highest price was Turkey ($X per unit), while the average price for exports to Iran stood at $X per unit.

From 2012 to 2015, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+151.8%).

Metal Sawing Machine Imports

Imports into Iraq

In 2021, supplies from abroad of sawing or cutting-off machines for working metal increased by 48% to X units, rising for the third consecutive year after three years of decline. In general, imports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2015 with an increase of 1,983%. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, metal sawing machine imports soared to $X in 2021. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2015 when imports increased by 3,061%. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

Turkey (X units), China (X units) and the United Arab Emirates (X units) were the main suppliers of metal sawing machine imports to Iraq, with a combined 91% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +41.4%), while imports for the other leaders experienced a decline.

In value terms, Turkey ($X) constituted the largest supplier of sawing or cutting-off machines for working metal to Iraq, comprising 67% of total imports. The second position in the ranking was held by China ($X), with an 18% share of total imports. It was followed by the United Arab Emirates, with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey stood at +44.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.4% per year) and the United Arab Emirates (-0.7% per year).

Import Prices by Country

The average metal sawing machine import price stood at $X per unit in 2021, rising by 73% against the previous year. Over the period under review, the import price posted a significant expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 77%. The import price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+32.7%), 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 sawing or cutting-off machines for working metal in the world?

China remains the largest metal sawing machine consuming country worldwide, accounting for 24% of total volume. Moreover, metal sawing machine consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. Japan ranked third in terms of total consumption with a 5.6% share.

What are the largest producers of sawing or cutting-off machines for working metal in the world?

The country with the largest volume of metal sawing machine production was China, accounting for 65% of total volume. Moreover, metal sawing machine production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), ninefold. Japan ranked third in terms of total production with a 5.6% share.

What are the leading suppliers of sawing or cutting-off machines for working metal to Iraq?

In value terms, China constituted the largest supplier of metal sawing machine to Iraq, comprising 61% of total imports. The second position in the ranking was occupied by Turkey, with a 25% share of total imports. It was followed by the United Arab Emirates, with a 3.3% share.

What is the average export price for sawing or cutting-off machines for working metal in Iraq?

The average metal sawing machine export price stood at $1,718 per unit in 2015, standing approx. at the previous year.

What is the average import price for sawing or cutting-off machines for working metal in Iraq?

In 2020, the average metal sawing machine import price amounted to $459 per unit, reducing by -11% against the previous year.

This report provides an in-depth analysis of the metal sawing machine 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 28412470 - Sawing or cutting-off machines for working metal

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