Report Update Nov 1, 2024

Iraq - Threading or Tapping Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Metal Threading Machine Market 2024

Metal Threading Machine Market Size in Iraq

The Iraqi metal threading machine market fell remarkably to $X in 2021, waning by -42.4% 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). Overall, consumption, however, continues to indicate significant growth. Metal threading machine consumption peaked at $X in 2020, and then fell notably in the following year.

Metal Threading Machine Exports

Exports from Iraq

In 2021, approx. less than X units of threading or tapping machines for working metal were exported from Iraq; remaining constant against the previous year. Over the period under review, exports showed a relatively flat trend pattern.

In value terms, metal threading machine exports totaled less than $X in 2021. Overall, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2018. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Metal Threading Machine Imports

Imports into Iraq

In 2021, approx. X units of threading or tapping machines for working metal were imported into Iraq; with a decrease of -16.6% against the previous year. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2017 when imports increased by 541%. Over the period under review, imports reached the peak figure at X units in 2020, and then fell remarkably in the following year.

In value terms, metal threading machine imports declined notably to $X in 2021. Over the period under review, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by 719% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020, and then contracted notably in the following year.

Imports by Country

In 2021, Turkey (X units) constituted the largest metal threading machine supplier to Iraq, with a 83% share of total imports. Moreover, metal threading machine imports from Turkey exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey totaled +24.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-4.3% per year) and China (+44.2% per year).

In value terms, Turkey ($X) constituted the largest supplier of threading or tapping machines for working metal to Iraq, comprising 66% of total imports. The second position in the ranking was held by China ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Turkey stood at +19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+43.1% per year) and the United Arab Emirates (-11.6% per year).

Import Prices by Country

In 2021, the average metal threading machine import price amounted to $X per unit, waning by -58.1% against the previous year. Overall, the import price showed a mild slump. The pace of growth was the most pronounced in 2016 an increase of 52% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2020, and then fell rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+59.1%), 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 threading or tapping machines for working metal in the world?

The countries with the highest volumes of metal threading machine consumption in 2020 were the Czech Republic, Taiwan Chinese) and Bulgaria, together comprising 41% of global consumption.

What are the largest producers of threading or tapping machines for working metal in the world?

The country with the largest volume of metal threading machine production was China, accounting for 39% of total volume. Moreover, metal threading machine production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), twofold. The third position in this ranking was occupied by South Korea, with a 11% share.

What are the leading suppliers of threading or tapping machines for working metal to Iraq?

In value terms, the UK, South Korea and China constituted the largest metal threading machine suppliers to Iraq, together comprising 84% of total imports.

What is the average import price for threading or tapping machines for working metal in Iraq?

In 2020, the average metal threading machine import price amounted to $3,944 per unit, jumping by 16% against the previous year.

This report provides an in-depth analysis of the metal threading 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 28412280 - Threading or tapping machines for working metal (excluding drilling machines)

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