Report Update Nov 1, 2024

Iraq - Vacuum Pumps - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Vacuum Pump Market 2024

Vacuum Pump Market Size in Iraq

The Iraqi vacuum pump market shrank dramatically to $X in 2022, which is down by -21% 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, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +36.2% against 2020 indices. As a result, consumption reached the peak level of $X, and then contracted rapidly in the following year.

Vacuum Pump Exports

Exports from Iraq

In 2022, shipments abroad of vacuum pumps decreased by 0% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of 300%. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, vacuum pump exports soared to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 144%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X units) was the main destination for vacuum pump exports from Iraq, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey totaled -11.8%.

In value terms, Turkey ($X) also remains the key foreign market for vacuum pumps exports from Iraq.

From 2012 to 2022, the average annual growth rate of value to Turkey was relatively modest.

Export Prices by Country

In 2022, the average vacuum pump export price amounted to $X per unit, jumping by 22% against the previous year. Over the period under review, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of 261%. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +13.0% per year.

Vacuum Pump Imports

Imports into Iraq

Vacuum pump imports into Iraq reduced dramatically to X units in 2022, shrinking by -21.1% compared with 2021 figures. Over the period under review, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 73% against the previous year. As a result, imports reached the peak of X units, and then declined remarkably in the following year.

In value terms, vacuum pump imports contracted markedly to $X in 2022. Overall, imports, however, continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2018 when imports increased by 151% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X units) constituted the largest vacuum pump supplier to Iraq, with a 84% share of total imports. Moreover, vacuum pump imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X units), sixfold. The United Arab Emirates (X units) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.4% per year) and the United Arab Emirates (+23.0% per year).

In value terms, Turkey ($X) constituted the largest supplier of vacuum pumps to Iraq, comprising 39% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 14% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+19.4% per year) and China (+8.8% per year).

Import Prices by Country

In 2022, the average vacuum pump import price amounted to $X per unit, leveling off at the previous year. In general, the import price, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 184% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vacuum pumps in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together comprising 48% of global consumption. Brazil, India, Japan, Italy, France, Mexico, Nigeria, Belgium, the UK and South Korea lagged somewhat behind, together comprising a further 33%.

What are the largest producers of vacuum pumps in the world?

The countries with the highest volumes of in 2021 were China, Brazil and the United States, with a combined 50% share of global production. Japan, Germany, Italy, India, Mexico, France, the UK, Belgium, South Korea and Turkey lagged somewhat behind, together comprising a further 37%.

What are the leading suppliers of vacuum pumps to Iraq?

In value terms, Germany, Turkey and the United Arab Emirates appeared to be the largest vacuum pump suppliers to Iraq, with a combined 56% share of total imports.

What are the leading importers of vacuum pumps from Iraq?

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

What is the average export price for vacuum pumps in Iraq?

The average vacuum pump export price stood at $502 per unit in 2021, approximately reflecting the previous year.

What is the average import price for vacuum pumps in Iraq?

In 2021, the average vacuum pump import price amounted to $132 per unit, with an increase of 4.9% against the previous year.

This report provides an in-depth analysis of the vacuum pump 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 28132170 - Rotary piston vacuum pumps, sliding vane rotary pumps, m olecular drag pumps, Roots pumps, diffusion pumps, c ryopumps and adsorption pumps
Prodcom 28132190 - Liquid ring

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