Iraq - Machinery For The Preparation Or Manufacture Of Food Or Drink - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 19, 2024

Iraq - Machinery For The Preparation Or Manufacture Of Food Or Drink - Market Analysis, Forecast, Size, Trends And Insights

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Food Manufacture Machinery Price in Iraq - 2022

Contents:

  1. Food Manufacture Machinery Price in Iraq (CIF) - 2022
  2. Food Manufacture Machinery Price in Iraq (FOB) - 2022
  3. Food Manufacture Machinery Imports in Iraq
  4. Food Manufacture Machinery Exports in Iraq

Food Manufacture Machinery Price in Iraq (CIF) - 2022

In 2022, the average food manufacture machinery import price amounted to $4,757 per unit, falling by -25.8% against the previous year. Overall, the import price recorded a perceptible shrinkage. The growth pace was the most rapid in 2013 when the average import price increased by 99% against the previous year. As a result, import price reached the peak level of $12,693 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($2,241 per unit), while the price for India ($451 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+16.0%), while the prices for the other major suppliers experienced a decline.

Food Manufacture Machinery Price in Iraq (FOB) - 2022

In 2022, the average food manufacture machinery export price amounted to $9,693 per unit, with an increase of 20% against the previous year. In general, the export price, however, showed a abrupt decrease. The growth pace was the most rapid in 2017 when the average export price increased by 103%. The export price peaked at $17,259 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($7,917 per unit), while the average price for exports to Sweden stood at $1,761 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+584.2%), while the prices for the other major destinations experienced more modest paces of growth.

Food Manufacture Machinery Imports in Iraq

After two years of decline, supplies from abroad of machinery for the preparation or manufacture of food or drink increased by 14% to 5.3K units in 2022. In general, imports, however, showed a deep setback. Over the period under review, imports hit record highs at 7.9K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, food manufacture machinery imports contracted notably to $25M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, imports attained the peak of $30M, and then shrank markedly in the following year.

Import of Food Manufacture Machinery in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5.95.27.65.7-1.1%
SwitzerlandN/A0.12.73.7508.3%
China1.41.43.22.012.6%
Turkey1.73.11.91.5-4.1%
Iran2.00.90.61.2-15.7%
IndiaN/AN/AN/A1.10%
Spain0.1N/A0.81.0115.4%
Denmark0.50.31.10.1-41.5%
Others11.29.511.98.8-7.7%
Total22.920.529.725.13.1%

Top Suppliers of Food Manufacture Machinery to Iraq in 2022:

  1. China (3.7K units)
  2. Switzerland (2.7K units)
  3. Italy (2.6K units)
  4. India (2.5K units)
  5. Iran (0.8K units)
  6. Turkey (0.7K units)
  7. Spain (0.5K units)
  8. Denmark (0.1K units)

Food Manufacture Machinery Exports in Iraq

In 2022, after three years of growth, there was significant decline in overseas shipments of machinery for the preparation or manufacture of food or drink, when their volume decreased by -33.3% to 2 units. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 100% against the previous year. The exports peaked at 3 units in 2021, and then contracted notably in the following year.

In value terms, food manufacture machinery exports declined dramatically to $19K in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 201% against the previous year. The exports peaked at $24K in 2021, and then shrank remarkably in the following year.

Export of Food Manufacture Machinery in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey4.814.020.315.848.8%
SwedenN/AN/AN/A1.80%
NetherlandsN/A0.31.9N/A533.3%
OthersN/A0.31.91.8144.9%
Total4.814.524.219.459.3%

Top Export Markets for Food Manufacture Machinery from Iraq in 2022:

  1. Turkey (2.0 units)
  2. Sweden (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the food manufacture machinery 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 28931770 - Machinery for the preparation or manufacture of food or drink, n .e.c.

Country coverage:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 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
    12. 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
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