Price for Tractors; (Other than Tractors of Heading No 8709) in Iraq - 2022
Contents:
- Price for Tractors; (Other than Tractors of Heading No 8709) in Iraq (CIF) - 2022
- Price for Tractors; (Other than Tractors of Heading No 8709) in Iraq (FOB) - 2022
- Imports of Tractors; (Other than Tractors of Heading No 8709) in Iraq
- Exports of Tractors; (Other than Tractors of Heading No 8709) in Iraq
Price for Tractors; (Other than Tractors of Heading No 8709) in Iraq (CIF) - 2022
In 2022, the average import price for tractors; (other than tractors of heading no 8709)s amounted to $31,088 per unit, increasing by 25% against the previous year. Over the period under review, the import price, however, saw a pronounced downturn. Over the period under review, average import prices reached the peak figure at $44,885 per unit in 2012; however, from 2013 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 ($96,593 per unit), while the price for Spain ($5,778 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tractors; (Other than Tractors of Heading No 8709) in Iraq (FOB) - 2022
The average export price for tractors; (other than tractors of heading no 8709)s stood at $7,078 per unit in 2022, reducing by -27% against the previous year. In general, the export price continues to indicate a abrupt decline. The growth pace was the most rapid in 2017 when the average export price increased by 153% against the previous year. The export price peaked at $26,039 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($15,816 per unit), while the average price for exports to Italy ($1,753 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 (+9.9%), while the prices for the other major destinations experienced a decline.
Imports of Tractors; (Other than Tractors of Heading No 8709) in Iraq
In 2022, imports of tractors; (other than tractors of heading no 8709)s into Iraq contracted significantly to 1.4K units, shrinking by -21.3% against the previous year's figure. In general, imports saw a sharp reduction. Over the period under review, imports of attained the peak figure at 5.8K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of tractors; (other than tractors of heading no 8709)s reduced modestly to $44M in 2022. Overall, imports saw a dramatic setback. Over the period under review, imports of attained the peak figure at $123M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Tractors; (Other than Tractors of Heading No 8709) in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 16.2 | 11.7 | 4.8 | 7.0 | -24.4% |
| United Arab Emirates | 4.2 | 6.8 | 3.0 | 6.3 | 14.5% |
| France | 6.0 | 3.5 | 5.0 | 5.0 | -5.9% |
| Turkey | 46.5 | 12.0 | 4.1 | 4.4 | -54.4% |
| Russia | 7.1 | 5.3 | 4.7 | 3.8 | -18.8% |
| South Korea | 3.6 | 3.2 | 3.3 | 2.9 | -7.0% |
| United Kingdom | 3.5 | 5.1 | 0.6 | 1.7 | -21.4% |
| Germany | 5.7 | 5.1 | 2.2 | 1.5 | -35.9% |
| Italy | 4.6 | 4.3 | 1.0 | 1.5 | -31.2% |
| Netherlands | 7.5 | 5.6 | 4.3 | 1.2 | -45.7% |
| Poland | 0.2 | 0.2 | 0.7 | 0.9 | 65.1% |
| India | 0.6 | 0.2 | 0.6 | 0.5 | -5.9% |
| Spain | 2.2 | 1.5 | 1.4 | 0.4 | -43.3% |
| Others | 15.2 | 13.6 | 9.4 | 7.3 | -21.7% |
| Total | 123 | 78.1 | 45.1 | 44.3 | -28.9% |
Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to Iraq in 2022:
- United Arab Emirates (278.0 units)
- Turkey (196.0 units)
- France (141.0 units)
- Iran (92.0 units)
- Spain (72.0 units)
- Italy (71.0 units)
- Netherlands (64.0 units)
- Germany (61.0 units)
- Russia (60.0 units)
- India (37.0 units)
- United Kingdom (35.0 units)
- South Korea (30.0 units)
- Poland (29.0 units)
Exports of Tractors; (Other than Tractors of Heading No 8709) in Iraq
Exports of tractors; (other than tractors of heading no 8709)s from Iraq dropped dramatically to 6 units in 2022, shrinking by -60% compared with 2021. Overall, exports recorded a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 7.1% against the previous year. Over the period under review, the exports of hit record highs at 37 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of tractors; (other than tractors of heading no 8709)s fell notably to $42K in 2022. Over the period under review, exports showed a precipitous decrease. The smallest decline of -18.1% was in 2021. The exports peaked at $399K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Tractors; (Other than Tractors of Heading No 8709) in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 220 | 95.3 | 92.2 | 31.6 | -47.6% |
| Turkey | 114 | 38.2 | 33.6 | 4.0 | -67.3% |
| Germany | 40.2 | 19.4 | 3.2 | 2.9 | -58.4% |
| Netherlands | 6.3 | 3.7 | 7.7 | 2.2 | -29.6% |
| Italy | 18.0 | 6.8 | 5.8 | 1.8 | -53.6% |
| Others | N/A | 14.3 | 3.0 | N/A | -79.0% |
| Total | 399 | 178 | 145 | 42.5 | -52.6% |
Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from Iraq in 2022:
- Iran (2.0 units)
- Turkey (1.0 units)
- Italy (1.0 units)
- Netherlands (1.0 units)
- Germany (1.0 units)
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