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Latest Report Update: Oct 3, 2022

Iraq - Domestic, Non-Electric, Cooking or Heating Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2022

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in Iraq

In 2021, after two years of growth, there was significant decline in the Iraqi market for domestic, non-electric, cooking or heating appliances, when its value decreased by -X% to $X. In general, consumption, however, recorded a prominent expansion. Consumption of peaked at $X in 2020, and then shrank in the following year.

Production of Domestic, Non-Electric, Cooking Or Heating Appliances in Iraq

In value terms, production of domestic, non-electric, cooking or heating appliances expanded rapidly to $X in 2021 estimated in export price. In general, production saw a abrupt decline. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports from Iraq

In 2021, overseas shipments of domestic, non-electric, cooking or heating appliances decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, exports of domestic, non-electric, cooking or heating appliances dropped to $X in 2021. In general, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for exports of domestic, non-electric, cooking or heating appliances from Iraq, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +X%.

In value terms, the United States ($X) also remains the key foreign market for domestic, non-electric, cooking or heating appliance exports from Iraq.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +X%.

Export Prices by Country

The average export price for domestic, non-electric, cooking or heating appliances stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the export price, however, showed a deep setback. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -X% per year.

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports into Iraq

In 2021, overseas purchases of domestic, non-electric, cooking or heating appliances decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Over the period under review, imports of reached the maximum at X tons in 2020, and then contracted modestly in the following year.

In value terms, imports of domestic, non-electric, cooking or heating appliances declined to $X in 2021. Overall, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports of hit record highs at $X in 2020, and then dropped in the following year.

Imports by Country

Turkey (X tons), Egypt (X tons) and China (X tons) were the main suppliers of imports of domestic, non-electric, cooking or heating appliances to Iraq, with a combined X% share of total imports. These countries were followed by Italy, which accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest domestic, non-electric, cooking or heating appliance suppliers to Iraq were Egypt ($X), Turkey ($X) and China ($X), together accounting for X% of total imports. These countries were followed by Italy, which accounted for a further X terms of the main suppliers, Italy, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for domestic, non-electric, cooking or heating appliances amounted to $X per ton, which is down by -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably countryorigin: the country with the highest price was Egypt ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for domestic, non-electric, cooking or heating appliances in the world?

The countries with the highest volumes of consumption in 2021 were the United States, India and China, together comprising 43% of global consumption. These countries were followed by Egypt, Japan, Russia, Canada, Indonesia, Brazil, Pakistan, Mexico, the UK and Germany, which together accounted for a further 31%.

What are the largest producers of domestic, non-electric, cooking or heating appliances in the world?

China remains the largest domestic, non-electric, cooking or heating appliance producing country worldwide, accounting for 40% of total volume. Moreover, production of domestic, non-electric, cooking or heating appliances in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was held by Egypt, with a 5.7% share.

What are the leading suppliers of domestic, non-electric, cooking or heating appliances to Iraq?

In value terms, Egypt, Turkey and China constituted the largest domestic, non-electric, cooking or heating appliance suppliers to Iraq, with a combined 94% share of total imports. These countries were followed by Italy, which accounted for a further 4.3%.

What are the leading importers of domestic, non-electric, cooking or heating appliances from Iraq?

In value terms, the United States remains the key foreign market for domestic, non-electric, cooking or heating appliance exports from Iraq.

What is the average export price for domestic, non-electric, cooking or heating appliances in Iraq?

The average export price for domestic, non-electric, cooking or heating appliances stood at $2,429 per ton in 2021, with an increase of 9.3% against the previous year.

What is the average import price for domestic, non-electric, cooking or heating appliances in Iraq?

In 2021, the average import price for domestic, non-electric, cooking or heating appliances amounted to $5,116 per ton, falling by -3.8% against the previous year.

This report provides an in-depth analysis of the market for domestic, non-electric, cooking or heating appliance 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 27521113 - Iron or steel gas domestic cooking appliances and plate warmers, with an oven (including those with subsidiary boilers for central heating, separate ovens for both gas and other fuels)

• Prodcom 27521115 - Iron or steel gas domestic cooking appliances and plate warmers (including those with subsidiary boilers for central heating, for both gas and other fuels, excluding those with ovens)

• Prodcom 27521190 - Other domestic cooking appliances and plate warmers, of iron or steel or of copper, non-electric

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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance