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Iraq - Tyres For Motor Cars - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPassenger Car Tyre Price in Iraq - 2022
Contents:
- Passenger Car Tyre Price in Iraq (CIF) - 2022
- Passenger Car Tyre Price in Iraq (FOB) - 2022
- Passenger Car Tyre Imports in Iraq
- Passenger Car Tyre Exports in Iraq
Passenger Car Tyre Price in Iraq (CIF) - 2022
The average passenger car tyre import price stood at $38 per unit in 2022, jumping by 18% against the previous year. Overall, the import price, however, showed a perceptible contraction. The growth pace was the most rapid in 2018 when the average import price increased by 34%. Over the period under review, average import prices reached the peak figure at $53 per unit in 2015; however, from 2016 to 2022, import prices remained at a 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 ($68 per unit), while the price for China ($24 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Passenger Car Tyre Price in Iraq (FOB) - 2022
The average passenger car tyre export price stood at $24 per unit in 2022, picking up by 16% against the previous year. Over the period under review, the export price, however, showed a deep setback. Over the period under review, the average export prices hit record highs at $62 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($30 per unit), while the average price for exports to Iran ($22 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (-9.0%).
Passenger Car Tyre Imports in Iraq
In 2022, approx. 5.9M units of tyres for motor cars were imported into Iraq; which is down by -19.9% on the previous year's figure. In general, imports showed a slight reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports attained the peak of 7.4M units, and then dropped markedly in the following year.
In value terms, passenger car tyre imports fell to $224M in 2022. Over the period under review, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. Over the period under review, imports reached the maximum at $288M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Passenger Car Tyre in Iraq (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 167 | 112 | 94.8 | 102 | -15.2% |
China | 94.0 | 79.6 | 108 | 87.7 | -2.3% |
South Korea | 7.2 | 4.0 | 13.7 | 15.5 | 29.1% |
Thailand | 2.6 | 3.4 | 4.5 | 6.3 | 34.3% |
Turkey | 4.5 | 3.0 | 2.6 | 2.1 | -22.4% |
Others | 12.5 | 9.5 | 12.7 | 10.6 | -5.3% |
Total | 288 | 212 | 236 | 224 | -8.0% |
Top Suppliers of Passenger Car Tyre to Iraq in 2022:
- China (3635.0K units)
- United Arab Emirates (1659.6K units)
- South Korea (227.6K units)
- Thailand (103.2K units)
- Turkey (50.8K units)
Passenger Car Tyre Exports in Iraq
In 2022, overseas shipments of tyres for motor cars decreased by -1% to 9.9K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 3.2% against the previous year. The exports peaked at 10K units in 2021, and then dropped in the following year.
In value terms, passenger car tyre exports stood at $239K in 2022. Over the period under review, exports recorded a abrupt downturn. The exports peaked at $350K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Passenger Car Tyre in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 336 | 223 | 128 | 167 | -20.8% |
Turkey | 14.0 | 46.5 | 80.3 | 55.7 | 58.5% |
Oman | N/A | N/A | N/A | 16.7 | 0% |
Others | N/A | N/A | 0.2 | N/A | 0% |
Total | 350 | 270 | 208 | 239 | -11.9% |
Top Export Markets for Passenger Car Tyre from Iraq in 2022:
- Iran (7.5K units)
- Turkey (1.8K units)
- Oman (0.6K units)
This report provides an in-depth analysis of the passenger car tyre 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 22111100 - New pneumatic rubber tyres for motor cars (including for racing cars)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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