Iraq: Market for Coffee (Decaffeinated or Roasted) 2024

Market Size for Coffee (Decaffeinated or Roasted) in Iraq

The Iraqi decaffeinated or roasted coffee market expanded slightly to $X in 2022, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw strong growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Exports of Coffee (Decaffeinated or Roasted)

Exports from Iraq

In 2022, the amount of coffee (decaffeinated or roasted) exported from Iraq surged to X kg, rising by X% compared with the year before. Overall, exports, however, showed a abrupt decrease. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X kg. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, decaffeinated or roasted coffee exports rose significantly to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X kg), the United States (X kg) and Turkey (X kg) were the main destinations of decaffeinated or roasted coffee exports from Iraq, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for coffee (decaffeinated or roasted) exports from Iraq, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2022, the average decaffeinated or roasted coffee export price amounted to $X per ton, declining by X% against the previous year. Overall, the export price, however, showed a prominent increase. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Coffee (Decaffeinated or Roasted)

Imports into Iraq

In 2022, overseas purchases of coffee (decaffeinated or roasted) decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X tons in 2021, and then reduced in the following year.

In value terms, decaffeinated or roasted coffee imports rose significantly to $X in 2022. Over the period under review, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), Jordan (X tons) and Turkey (X tons) were the main suppliers of decaffeinated or roasted coffee imports to Iraq, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest decaffeinated or roasted coffee suppliers to Iraq were Jordan ($X), the United Arab Emirates ($X) and Italy ($X), together accounting for X% of total imports.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average decaffeinated or roasted coffee import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat 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 Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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