Iraq - Illuminated Signs And Illuminated Name-Plates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Iraq - Illuminated Signs And Illuminated Name-Plates - Market Analysis, Forecast, Size, Trends And Insights

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Illuminated Sign Price in Iraq - 2022

Contents:

  1. Illuminated Sign Price in Iraq (CIF) - 2022
  2. Illuminated Sign Price in Iraq (FOB) - 2022
  3. Illuminated Sign Imports in Iraq
  4. Illuminated Sign Exports in Iraq

Illuminated Sign Price in Iraq (CIF) - 2022

In 2022, the average illuminated sign import price amounted to $9,952 per ton, which is down by -4.1% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, illuminated sign import price increased by +63.2% against 2018 indices. The growth pace was the most rapid in 2019 when the average import price increased by 52% against the previous year. The import price peaked at $10,379 per ton in 2021, and then dropped in the following year.

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 ($49,532 per ton), while the price for Iran ($2,270 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Illuminated Sign Price in Iraq (FOB) - 2022

The average illuminated sign export price stood at $24,057 per ton in 2022, growing by 189% against the previous year. Overall, the export price posted a modest increase. Over the period under review, the average export prices reached the peak figure at $28,357 per ton in 2013; however, from 2014 to 2022, the export prices remained at a 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 +1.1% per year.

Illuminated Sign Imports in Iraq

Illuminated sign imports into Iraq declined markedly to 230 tons in 2022, which is down by -20.2% compared with the previous year. Overall, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 37%.

In value terms, illuminated sign imports dropped sharply to $2.3M in 2022. In general, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 96% against the previous year. As a result, imports attained the peak of $3M, and then declined rapidly in the following year.

Import of Illuminated Sign in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5995691,6421,16724.9%
Turkey1,077321697495-22.8%
South Korea21.617.72.5179102.4%
Italy37016915086.1-38.5%
United Arab Emirates81.548.828.831.3-27.3%
Iran52.724.622.513.2-37.0%
Others475379453320-12.3%
Total2,6771,5292,9952,293-5.0%

Top Suppliers of Illuminated Sign to Iraq in 2022:

  1. China (96.7 tons)
  2. Turkey (80.0 tons)
  3. Iran (5.8 tons)
  4. Italy (5.5 tons)
  5. South Korea (3.6 tons)
  6. United Arab Emirates (3.4 tons)

Illuminated Sign Exports in Iraq

In 2022, illuminated sign exports from Iraq reached 88 kg, surging by 11% compared with the previous year's figure. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 424%. As a result, the exports attained the peak of 110 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, illuminated sign exports skyrocketed to $2.1K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Illuminated Sign in Iraq (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey22556786099163.9%
GermanyN/A100N/AN/A0%
NetherlandsN/AN/A227N/A0%
OthersN/AN/A-429.01,126-362.5%
Total2256676582,117111.1%

Top Export Markets for Illuminated Sign from Iraq in 2022:

  1. Turkey (50.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the illuminated sign 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 27402400 - Illuminated signs, illuminated name-plates and the like (including road signs)

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:

  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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