Report Update Apr 1, 2024

Iraq - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Beef Market 2024

Beef Market Size in Iraq

The Iraqi beef market fell to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021, and then shrank in the following year.

Beef Production in Iraq

In value terms, beef production contracted to $X in 2022 estimated in export price. In general, production saw a slight curtailment. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

In 2022, the average beef yield in Iraq fell modestly to X kg per head, leveling off at 2021. In general, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the yield increased by X% against the previous year. The beef yield peaked at X kg per head in 2015; however, from 2016 to 2022, the yield stood at a somewhat lower figure.

In 2022, approx. X heads of animals slaughtered for beef production in Iraq; flattening at the previous year. Over the period under review, the number of producing animals showed a noticeable reduction. The most prominent rate of growth was recorded in 2016 when the number of producing animals increased by X% against the previous year. Over the period under review, this number hit record highs at X heads in 2012; however, from 2013 to 2022, producing animals failed to regain momentum.

Beef Exports

Exports from Iraq

In 2019, shipments abroad of beef (cattle meat) decreased by X% to X tons for the first time since 2016, thus ending a two-year declining trend. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked in 2019 and are expected to retain growth in the near future.

In value terms, beef exports totaled $X in 2019. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. The exports peaked in 2019 and are likely to see gradual growth in the immediate term.

Exports by Country

Iran (X tons) was the main destination for beef exports from Iraq, with a X% share of total exports. Moreover, beef exports to Iran exceeded the volume sent to the second major destination, Turkey (X tons), sevenfold.

From 2012 to 2019, the average annual growth rate of volume to Iran was relatively modest.

From 2012 to 2019, the average annual rate of growth in terms of value to Iran was relatively modest.

Export Prices by Country

In 2019, the average beef export price amounted to $X per ton, remaining constant against the previous year. In general, the export price recorded prominent growth. The pace of growth was the most pronounced in 2016 a decrease of X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2019, 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 Turkey ($X per ton), while the average price for exports to Iran stood at $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%).

Beef Imports

Imports into Iraq

In 2022, the amount of beef (cattle meat) imported into Iraq contracted to X tons, which is down by X% on the year before. Overall, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2015 with an increase of X%. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, beef imports fell to $X in 2022. Over the period under review, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, India (X tons) was the main supplier of beef to Iraq, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to X%.

In value terms, India ($X) constituted the largest supplier of beef (cattle meat) to Iraq.

From 2012 to 2022, the average annual growth rate of value from India totaled X%.

Import Prices by Country

In 2022, the average beef import price amounted to $X per ton, flattening at the previous year. Overall, the import price, however, showed a slight curtailment. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for beef (cattle meat) in the world?

The countries with the highest volumes of consumption in 2023 were the United States, China and Brazil, together comprising 40% of global consumption. India, Argentina, Pakistan, Mexico, Russia, France, Turkey, Australia and Germany lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of beef (cattle meat) in the world?

The countries with the highest volumes of production in 2022 were the United States, Brazil and China, together accounting for 39% of global production. India, Argentina, Pakistan, Australia, Mexico, Russia, France, Turkey and Canada lagged somewhat behind, together accounting for a further 28%.

What are the leading suppliers of beef (cattle meat) to Iraq?

In value terms, India constituted the largest supplier of beef cattle meat) to Iraq.

What is the average export price for beef (cattle meat) in Iraq?

In 2019, the average beef export price amounted to $4,456 per ton, standing approx. at the previous year.

What is the average import price for beef (cattle meat) in Iraq?

In 2022, the average beef import price amounted to $2,601 per ton, remaining stable against the previous year.

This report provides an in-depth analysis of the beef 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:

FCL 947 - Buffalo meat
FCL 867 - Meat of cattle

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, PRODUCING ANIMALS AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023