Report Update Nov 1, 2024

Iraq - Winches and Capstans - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Winche And Capstan Market 2024

Winche And Capstan Market Size in Iraq

In 2021, after two years of decline, there was significant growth in the Iraqi winche and capstan market, when its value increased by 9.7% to $X. Over the period under review, consumption recorded a buoyant expansion. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Winche And Capstan Production in Iraq

In value terms, winche and capstan production reached $X in 2021 estimated in export price. Overall, production saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 63% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Winche And Capstan Exports

Exports from Iraq

In 2021, shipments abroad of winches and capstans increased by 13% to X units, rising for the second year in a row after three years of decline. Overall, exports, however, recorded a precipitous descent. The pace of growth was the most pronounced in 2016 with an increase of 253% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, winche and capstan exports rose remarkably to $X in 2021. In general, exports, however, faced a abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of 419%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Iran (X units) was the main destination for winche and capstan exports from Iraq, with a 88% share of total exports. Moreover, winche and capstan exports to Iran exceeded the volume sent to the second major destination, the United Arab Emirates (X units), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Iran stood at -21.3%.

In value terms, Iran ($X) remains the key foreign market for winches and capstans exports from Iraq, comprising 98% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 2.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Iran stood at -19.6%.

Export Prices by Country

The average winche and capstan export price stood at $X per unit in 2021, stabilizing at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 73% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Iran ($X per unit), while the average price for exports to the United Arab Emirates totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+2.1%).

Winche And Capstan Imports

Imports into Iraq

In 2021, the amount of winches and capstans imported into Iraq totaled X units, picking up by 6.8% on the previous year. Over the period under review, imports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2019 when imports increased by 131%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, winche and capstan imports soared to $X in 2021. Overall, imports, however, showed a noticeable shrinkage. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Jordan (X units) and Italy (X units) were the main suppliers of winche and capstan imports to Iraq, together accounting for 76% of total imports.

From 2012 to 2021, the biggest increases were recorded for Jordan (with a CAGR of +26.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) constituted the largest supplier of winches and capstans to Iraq, comprising 35% of total imports. The second position in the ranking was held by China ($X), with a 6.6% share of total imports. It was followed by Turkey, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.8% per year) and Turkey (-6.3% per year).

Import Prices by Country

In 2021, the average winche and capstan import price amounted to $X per unit, growing by 61% against the previous year. Overall, the import price recorded a temperate expansion. The most prominent rate of growth was recorded in 2015 an increase of 127% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+17.7%), 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 winches and capstans in the world?

The United States remains the largest winche and capstan consuming country worldwide, accounting for 62% of total volume. Moreover, winche and capstan consumption in the United States exceeded the figures recorded by the second-largest consumer, China, sevenfold. India ranked third in terms of total consumption with a 3.3% share.

What are the largest producers of winches and capstans in the world?

The countries with the highest volumes of winche and capstan production in 2020 were the United States, China and India, with a combined 80% share of global production. These countries were followed by Japan, South Korea and Germany, which together accounted for a further 5.9%.

What are the leading suppliers of winches and capstans to Iraq?

In value terms, Italy constituted the largest supplier of winche and capstan to Iraq, comprising 86% of total imports. The second position in the ranking was occupied by China, with a 1.6% share of total imports.

What are the leading importers of winches and capstans from Iraq?

In value terms, Serbia remains the key foreign market for winche and capstan exports from Iraq, comprising 70% of total exports. The second position in the ranking was occupied by Iran, with a 30% share of total exports.

What is the average export price for winches and capstans in Iraq?

The average winche and capstan export price stood at $308 per unit in 2020, declining by -53.8% against the previous year.

What is the average import price for winches and capstans in Iraq?

The average winche and capstan import price stood at $257 per unit in 2020, surging by 2.8% against the previous year.

This report provides an in-depth analysis of the winche and capstan 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 28221200 - Winches and capstans (excluding those for raising vehicles)

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