Iraq: Chili And Pepper Market Overview 2020

Chili And Pepper Market Size in Iraq

The revenue of the chili and pepper market in Iraq amounted to $X in 2018, rising by X% against the previous year. In general, the total market indicated a buoyant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, chili and pepper consumption increased by +X% against 2014 indices. The growth pace was the most rapid in 2017 when the market value increased by X% y-o-y. Chili and pepper consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Chili And Pepper Production in Iraq

In value terms, chili and pepper production stood at $X in 2018 estimated in export prices. Overall, chili and pepper production continues to indicate resilient growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Chili and pepper production peaked in 2018 and is expected to retain its growth in the near future.

In 2018, the average yield of chilies and peppers (green) in Iraq stood at X tonne per ha, coming down by -X% against the previous year. Over the period under review, the chili and pepper yield continues to indicate a noticeable slump. The growth pace was the most rapid in 2010 when yield increased by X% year-to-year. In that year, the average chili and pepper yield attained its peak level of X tonne per ha. From 2011 to 2018, the growth of the average chili and pepper yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of chilies and peppers (green) were harvested in Iraq; shrinking by -X% against the previous year. Over the period under review, the chili and pepper harvested area continues to indicate a drastic decrease. The most prominent rate of growth was recorded in 2011 when harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to chili and pepper production reached its maximum at X ha in 2013; however, from 2014 to 2018, harvested area failed to regain its momentum.

Chili And Pepper Exports

Exports from Iraq

In 2016, the exports of chilies and peppers (green) from Iraq totaled X kg, therefore, remained relatively stable against the previous year. Over the period under review, chili and pepper exports continue to indicate a deep deduction. Exports peaked at X tonnes in 2014; however, from 2015 to 2016, exports remained at a lower figure.

In value terms, chili and pepper exports amounted to $X in 2016. Over the period under review, chili and pepper exports continue to indicate a precipitous descent. Over the period under review, chili and pepper exports attained their maximum at $X in 2014; however, from 2015 to 2016, exports stood at a somewhat lower figure.

Chili And Pepper Imports

Imports into Iraq

Chili and pepper imports into Iraq totaled X tonnes in 2018, going up by X% against the previous year. Overall, chili and pepper imports, however, continue to indicate a deep drop. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Imports peaked at X tonnes in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

In value terms, chili and pepper imports totaled $X in 2018. Over the period under review, chili and pepper imports, however, continue to indicate an abrupt shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Iran (X tonnes) was the main supplier of chili and pepper to Iraq, accounting for a X% share of total imports. Moreover, chili and pepper imports from Iran exceeded the figures recorded by the second-largest supplier, Jordan (X tonnes), more than tenfold.

From 2007 to 2018, the average annual growth rate of volume from Iran totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (-X% per year) and Turkey (+X% per year).

In value terms, Iran ($X) constituted the largest supplier of chili and pepper to Iraq, comprising X% of total chili and pepper imports. The second position in the ranking was occupied by Jordan ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from Iran stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (-X% per year) and Turkey (+X% per year).

Import Prices by Country

The average chili and pepper import price stood at $X per tonne in 2018, shrinking by -X% against the previous year. In general, the chili and pepper import price continues to indicate a temperate slump. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. In that year, the average import prices for chilies and peppers (green) attained their peak level of $X per tonne, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Jordan ($X per tonne), while the price for Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Jordan, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform