Report Update: May 1, 2024

Iraq - Sanitary Ware And Parts Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Price for Iron or Steel Sanitary Ware in Iraq - 2022

Price for Iron or Steel Sanitary Ware in Iraq (CIF) - 2022

The average import price for sanitary ware and parts of iron or steel stood at $5.7 per unit in 2022, waning by -2.9% against the previous year. Overall, the import price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2015 an increase of 53% against the previous year. The import price peaked at $5.9 per unit in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Jordan ($12 per unit), while the price for Iran ($1.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Sanitary Ware in Iraq (FOB) - 2022

In 2022, the average export price for sanitary ware and parts of iron or steel amounted to $5.1 per unit, rising by 14% against the previous year. In general, the export price, however, showed a abrupt decrease. The export price peaked at $12 per unit in 2012; however, from 2013 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 -15.0% per year.

Imports of Iron or Steel Sanitary Ware in Iraq

In 2022, imports of sanitary ware and parts of iron or steel into Iraq amounted to 2.8M units, growing by 12% compared with the previous year. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 20%. As a result, imports attained the peak of 3.1M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, iron or steel sanitary ware imports rose rapidly to $16M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 27% against the previous year. As a result, imports attained the peak of $17M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Iron or Steel Sanitary Ware in Iraq (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	10.2	14.2	11.8	12.6	7.3%
Turkey	1.0	0.8	1.2	1.4	11.9%
United Arab Emirates	0.9	0.5	0.7	0.4	-23.7%
Iran	0.3	0.3	0.1	0.2	-12.6%
Others	1.0	1.1	0.6	1.1	3.2%
Total	13.4	17.0	14.4	15.7	5.4%

Top Suppliers of Iron or Steel Sanitary Ware to Iraq in 2022:

China (2273.6K units)
Turkey (186.3K units)
Iran (139.3K units)
United Arab Emirates (92.3K units)

Exports of Iron or Steel Sanitary Ware in Iraq

In 2022, shipments abroad of sanitary ware and parts of iron or steel decreased by -4.5% to 314K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 269%. The exports peaked at 329K units in 2021, and then reduced modestly in the following year.

In value terms, iron or steel sanitary ware exports rose remarkably to $1.6M in 2022. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 279% against the previous year. As a result, the exports attained the peak of $1.7M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Iron or Steel Sanitary Ware in Iraq (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	0.4	1.6	1.3	1.4	51.8%
Others	N/A	0.2	0.2	0.2	0.0%
Total	0.5	1.7	1.5	1.6	47.4%

Top Export Markets for Iron or Steel Sanitary Ware from Iraq in 2022:

Turkey (566.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for iron or steel sanitary ware 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 25991131 - Sanitary ware and parts of sanitary ware of iron or steel

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