Iraq: Market for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft 2025

Market Size for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft in Iraq

In 2022, the Iraqi aircraft internal combustion engine market increased by 17% to $X, rising for the second year in a row after three years of decline. Overall, consumption saw a resilient expansion. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Exports of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft

Exports from Iraq

In 2021, the amount of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft exported from Iraq was estimated at X units, stabilizing at the previous year. Overall, exports saw a significant increase. The smallest decline of 99.9% was in 2017. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, aircraft internal combustion engine exports totaled $X in 2021. In general, exports posted significant growth. The smallest decline of 99.9% was in 2017. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

The Czech Republic (X units) was the main destination for aircraft internal combustion engine exports from Iraq, accounting for a approx. 100% share of total exports.

From 2016 to 2021, the average annual rate of growth in terms of volume to the Czech Republic was relatively modest.

From 2016 to 2021, the average annual growth rate of value to the Czech Republic was relatively modest.

Export Prices by Country

The average aircraft internal combustion engine export price stood at $X per unit in 2021, approximately reflecting the previous year. In general, the export price posted significant growth. The pace of growth appeared the most rapid in 2017 a decrease of 99.9% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

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

From 2016 to 2021, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.

Imports of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft

Imports into Iraq

Aircraft internal combustion engine imports into Iraq fell notably to X units in 2022, declining by -16.1% on the previous year. In general, imports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2017 when imports increased by 1,125% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, aircraft internal combustion engine imports plummeted to $X in 2022. Over the period under review, imports, however, saw a resilient increase. The pace of growth was the most pronounced in 2017 when imports increased by 7,160% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X units), Italy (X units) and Turkey (X units) were the main suppliers of aircraft internal combustion engine imports to Iraq, together comprising 85% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +23.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the United Arab Emirates ($X) and Hungary ($X) appeared to be the largest aircraft internal combustion engine suppliers to Iraq, with a combined 79% share of total imports.

Among the main suppliers, Italy, with a CAGR of +75.5%, recorded 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 2022, the average aircraft internal combustion engine import price amounted to $X per unit, dropping by -27.2% against the previous year. Overall, the import price continues to indicate a perceptible decline. The growth pace was the most rapid in 2017 an increase of 493% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+42.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :