Iraq: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in Iraq

In 2022, the Iraqi market for float glass and surface ground or polished glass increased by X% to $X for the first time since 2017, thus ending a four-year declining trend. In general, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2016 indices. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from Iraq

In 2022, the amount of float glass and surface ground or polished glass exported from Iraq stood at X square meters, approximately reflecting 2021. In general, exports showed significant growth. The exports peaked at X square meters in 2020; afterwards, it flattened through to 2022.

In value terms, exports of float glass and surface ground or polished glass fell remarkably to $X in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then dropped rapidly in the following year.

Exports by Country

Jordan (X square meters) was the main destination for exports of float glass and surface ground or polished glass from Iraq, accounting for a approx. X% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to Jordan was relatively modest.

In value terms, Jordan ($X) emerged as the key foreign market for float glass and surface ground or polished glass exports from Iraq.

From 2013 to 2022, the average annual growth rate of value to Jordan was relatively modest.

Export Prices by Country

In 2022, the average export price for float glass and surface ground or polished glass amounted to $X per square meter, shrinking by X% against the previous year. Overall, the export price, however, saw a resilient expansion. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per square meter, and then contracted rapidly in the following year.

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

From 2013 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

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Imports of Float Glass And Surface Ground or Polished Glass

Imports into Iraq

In 2022, approx. X square meters of float glass and surface ground or polished glass were imported into Iraq; rising by X% on the previous year's figure. Over the period under review, imports posted perceptible growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X square meters. From 2014 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of float glass and surface ground or polished glass expanded markedly to $X in 2022. In general, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of float glass and surface ground or polished glass to Iraq, accounting for a X% share of total imports. Moreover, imports of float glass and surface ground or polished glass from China exceeded the figures recorded by the second-largest supplier, Turkey (X square meters), fivefold. Iran (X square meters) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Iran (X% per year).

In value terms, China ($X) constituted the largest supplier of float glass and surface ground or polished glass to Iraq, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by Iran, with an X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Iran (X% per year).

Import Prices by Country

In 2022, the average import price for float glass and surface ground or polished glass amounted to $X per square meter, which is down by X% against the previous year. Overall, the import price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked at $X per square meter in 2018; however, from 2019 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 ($X per square meter), while the price for Jordan ($X per square meter) 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 mixed trend patterns.

Source: IndexBox Platform

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