Report Update Nov 1, 2024

Iraq - Sweet Biscuits Without Chocolate - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Sweet Biscuit Market 2024

Sweet Biscuit Market Size in Iraq

The Iraqi sweet biscuit market expanded sharply to $X in 2021, increasing by 8.4% 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). In general, consumption recorded a moderate increase. Sweet biscuit consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Sweet Biscuit Exports

Exports from Iraq

In 2021, sweet biscuit exports from Iraq skyrocketed to X tons, with an increase of 103% compared with the previous year's figure. Overall, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 139%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, sweet biscuit exports surged to $X in 2021. In general, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 when exports increased by 186%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), the United Arab Emirates (X tons) and Turkey (X tons) were the main destinations of sweet biscuit exports from Iraq, together comprising 100% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +29.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sweet biscuit exported from Iraq were Turkey ($X), the UK ($X) and the United Arab Emirates ($X), with a combined 100% share of total exports.

In terms of the main countries of destination, Turkey, with a CAGR of +14.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average sweet biscuit export price amounted to $X per ton, which is down by -25.1% against the previous year. Over the period under review, the export price showed a mild setback. The pace of growth was the most pronounced in 2015 when the average export price increased by 166%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Turkey ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (-1.0%).

Sweet Biscuit Imports

Imports into Iraq

Sweet biscuit imports into Iraq amounted to X tons in 2021, with an increase of 1.7% compared with 2020 figures. Over the period under review, imports saw a notable increase. The pace of growth was the most pronounced in 2015 when imports increased by 62% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, sweet biscuit imports amounted to $X in 2021. Overall, imports continue to indicate a tangible increase. The pace of growth was the most pronounced in 2015 with an increase of 68%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of sweet biscuit to Iraq, with a 77% share of total imports. Moreover, sweet biscuit imports from Turkey exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), more than tenfold. The third position in this ranking was taken by Jordan (X tons), with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey amounted to +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-2.9% per year) and Jordan (-16.3% per year).

In value terms, Turkey ($X) constituted the largest supplier of sweet biscuits to Iraq, comprising 72% of total imports. The second position in the ranking was taken by Jordan ($X), with a 4.3% share of total imports. It was followed by Saudi Arabia, with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey amounted to +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (-6.2% per year) and Saudi Arabia (+7.9% per year).

Import Prices by Country

In 2021, the average sweet biscuit import price amounted to $X per ton, surging by 8.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Jordan ($X per ton), while the price for Saudi Arabia ($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 (+12.1%), 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 sweet biscuits in the world?

The countries with the highest volumes of sweet biscuit consumption in 2020 were China, the U.S. and India, together accounting for 43% of global consumption. Russia, Pakistan, Indonesia, Japan, Brazil, Mexico, Bangladesh, France, Italy and Iran lagged somewhat behind, together comprising a further 29%.

What are the largest producers of sweet biscuits in the world?

The countries with the highest volumes of sweet biscuit production in 2020 were China, the U.S. and India, together comprising 41% of global production. Mexico, Russia, Indonesia, Pakistan, Brazil, Japan, Bangladesh, Canada, Italy and Spain lagged somewhat behind, together accounting for a further 31%.

What are the leading suppliers of sweet biscuits to Iraq?

In value terms, Turkey constituted the largest supplier of sweet biscuit to Iraq, comprising 75% of total imports. The second position in the ranking was occupied by Jordan, with a 4% share of total imports. It was followed by Ukraine, with a 3.7% share.

What are the leading importers of sweet biscuits from Iraq?

In value terms, Turkey remains the key foreign market for sweet biscuit exports from Iraq, comprising 90% of total exports. The second position in the ranking was occupied by Germany, with a 5.5% share of total exports.

What is the average export price for sweet biscuits in Iraq?

The average sweet biscuit export price stood at $3,610 per ton in 2020, rising by 9.1% against the previous year.

What is the average import price for sweet biscuits in Iraq?

In 2020, the average sweet biscuit import price amounted to $1,659 per ton, rising by 2% against the previous year.

This report provides an in-depth analysis of the sweet biscuit 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 10721255 - Sweet biscuits (including sandwich biscuits, excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)

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