Iraq - Chocolate And Other Food Preparations Containing Cocoa - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChocolate Price in Iraq - 2022
Contents:
- Chocolate Price in Iraq (CIF) - 2022
- Chocolate Price in Iraq (FOB) - 2022
- Chocolate Imports in Iraq
- Chocolate Exports in Iraq
Chocolate Price in Iraq (CIF) - 2022
In 2022, the average chocolate import price amounted to $2,373 per ton, remaining constant against the previous year. Over the period under review, the import price continues to indicate a mild descent. The growth pace was the most rapid in 2017 an increase of 20% against the previous year. Over the period under review, average import prices hit record highs at $2,738 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($4,129 per ton), while the price for Iran ($1,585 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+11.2%), while the prices for the other major suppliers experienced a decline.
Chocolate Price in Iraq (FOB) - 2022
The average chocolate export price stood at $3,965 per ton in 2022, with a decrease of -7% against the previous year. In general, the export price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 107% against the previous year. As a result, the export price attained the peak level of $4,702 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($14,431 per ton), while the average price for exports to Turkey totaled $1,681 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-3.4%).
Chocolate Imports in Iraq
In 2022, after three years of growth, there was significant decline in purchases abroad of chocolate and other food preparations containing cocoa, when their volume decreased by -16.6% to 4.7K tons. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of 5.6K tons, and then contracted notably in the following year.
In value terms, chocolate imports shrank sharply to $11M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. As a result, imports reached the peak of $14M, and then reduced markedly in the following year.
| Import of Chocolate in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 5.2 | 5.2 | 7.9 | 6.7 | 8.8% |
| Iran | 0.2 | 1.1 | 2.2 | 1.4 | 91.3% |
| United Arab Emirates | 0.6 | 1.0 | 0.8 | 0.8 | 10.1% |
| Belgium | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
| Moldova | N/A | 0.4 | 0.5 | 0.3 | -13.4% |
| Others | 1.2 | 1.1 | 1.7 | 1.5 | 7.7% |
| Total | 7.3 | 8.8 | 13.5 | 11.2 | 15.3% |
Top Suppliers of Chocolate to Iraq in 2022:
- Turkey (2764.2 tons)
- Iran (901.0 tons)
- United Arab Emirates (403.9 tons)
- Belgium (103.6 tons)
- Moldova (82.2 tons)
Chocolate Exports in Iraq
Chocolate exports from Iraq soared to 1.8 tons in 2022, increasing by 25% against 2021. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 293% against the previous year. As a result, the exports attained the peak of 2.1 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, chocolate exports soared to $7.1K in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 215%. As a result, the exports reached the peak of $8.1K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Chocolate in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 4.6 | 0% |
| Turkey | 2.6 | 8.1 | 6.1 | 2.5 | -1.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.6 | 8.1 | 6.1 | 7.1 | 39.8% |
Top Export Markets for Chocolate from Iraq in 2022:
- Turkey (1466.0 kg)
- United Arab Emirates (320.0 kg)
This report provides an in-depth analysis of the chocolate 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 10822130 - Chocolate and other food preparations containing cocoa, in blocks, slabs or bars > 2 kg or in liquid, paste, powder, g ranular or other bulk form, in containers or immediate packings of a content > 2 kg, containing . .18 % by weight of
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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