Iraq - Compressors For Refrigeration Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefrigerator Compressor Price in Iraq - 2022
Contents:
- Refrigerator Compressor Price in Iraq (CIF) - 2022
- Refrigerator Compressor Price in Iraq (FOB) - 2022
- Refrigerator Compressor Imports in Iraq
- Refrigerator Compressor Exports in Iraq
Refrigerator Compressor Price in Iraq (CIF) - 2022
The average refrigerator compressor import price stood at $87 per unit in 2022, increasing by 3.4% against the previous year. Overall, the import price, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2015 an increase of 80%. Over the period under review, average import prices hit record highs at $347 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($499 per unit), while the price for China ($37 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.9%), while the prices for the other major suppliers experienced a decline.
Refrigerator Compressor Price in Iraq (FOB) - 2022
In 2022, the average refrigerator compressor export price amounted to $847 per unit, surging by 20% against the previous year. Over the period under review, the export price, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 815% against the previous year. The export price peaked at $3,088 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($1,121 per unit), while the average price for exports to Turkey ($23 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 (+7.7%), while the prices for the other major destinations experienced a decline.
Refrigerator Compressor Imports in Iraq
After three years of growth, supplies from abroad of compressors for refrigeration equipment decreased by -13.1% to 382K units in 2022. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 33% against the previous year. Over the period under review, imports attained the maximum at 440K units in 2021, and then fell in the following year.
In value terms, refrigerator compressor imports dropped to $33M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.1% 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 +52.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 35%. Over the period under review, imports hit record highs at $37M in 2021, and then shrank in the following year.
| Import of Refrigerator Compressor in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 6.8 | 12.8 | 20.1 | 15.8 | 32.4% |
| China | 10.0 | 11.9 | 12.9 | 12.4 | 7.4% |
| India | 0.2 | 0.2 | 0.3 | 0.5 | 35.7% |
| Others | 5.0 | 4.7 | 3.7 | 4.7 | -2.0% |
| Total | 21.9 | 29.6 | 37.1 | 33.3 | 15.0% |
Top Suppliers of Refrigerator Compressor to Iraq in 2022:
- China (331.4K units)
- United Arab Emirates (31.6K units)
- India (6.2K units)
Refrigerator Compressor Exports in Iraq
Refrigerator compressor exports from Iraq dropped notably to 11 units in 2022, declining by -57.7% against the year before. Overall, exports continue to indicate a significant curtailment. The growth pace was the most rapid in 2021 when exports increased by 767% against the previous year. Over the period under review, the exports hit record highs at 39 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, refrigerator compressor exports reduced markedly to $9.3K in 2022. Over the period under review, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 7,833%. The exports peaked at $61K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Refrigerator Compressor in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 57.1 | 0.2 | 14.7 | 9.0 | -46.0% |
| France | N/A | N/A | N/A | 0.3 | 0% |
| South Korea | 0.3 | N/A | 0.1 | N/A | -42.3% |
| Turkey | 3.9 | N/A | 3.6 | N/A | -3.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 61.3 | 0.2 | 18.4 | 9.3 | -46.7% |
Top Export Markets for Refrigerator Compressor from Iraq in 2022:
- Iran (8.0 units)
- Turkey (1.0 units)
- South Korea (1.0 units)
- France (1.0 units)
This report provides an in-depth analysis of the refrigerator compressor 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 28132300 - Compressors for refrigeration equipment
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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