Iraq: Market for Fresh cheese (unripened or uncured cheese), including whey cheese and curd 2021

Market Size for Fresh cheese (unripened or uncured cheese), including whey cheese and curd in Iraq

In 2020, the Iraqi market for fresh cheese (unripened or uncured cheese), including whey cheese and curd increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption saw prominent growth. The pace of growth was the most pronounced in 2016 when the market value increased by X% year-to-year. Consumption peaked in 2020 and is likely to continue growth in the near future.

Production of Fresh cheese (unripened or uncured cheese), including whey cheese and curd in Iraq

In value terms, production of fresh cheese (unripened or uncured cheese), including whey cheese and curd expanded rapidly to $X in 2020 estimated in export prices. Over the period under review, production recorded a strong increase. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2020, production growth remained at a lower figure.

Exports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Exports from Iraq

In 2020, exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd from Iraq reduced rapidly to X tons, falling by -X% compared with the year before. Over the period under review, exports, however, recorded a pronounced increase. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, exports attained the peak of X tons. From 2019 to 2020, the growth of exports remained at a somewhat lower figure.

In value terms, exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd declined significantly to $X in 2020. In general, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd from Iraq, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Turkey amounted to +X%.

In value terms, Turkey ($X) also remains the key foreign market for fresh cheese (unripened or uncured cheese), including whey cheese and curd exports from Iraq.

From 2007 to 2020, the average annual rate of growth in terms of value to Turkey stood at +X%.

Export Prices by Country

In 2020, the average export price for fresh cheese (unripened or uncured cheese), including whey cheese and curd amounted to $X per ton, picking up by X% against the previous year. Overall, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for Turkey amounted to +X% per year.

Imports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Imports into Iraq

After three years of growth, purchases abroad of fresh cheese (unripened or uncured cheese), including whey cheese and curd decreased by -X% to X tons in 2020. In general, imports, however, enjoyed measured growth. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. As a result, imports attained the peak of X tons. From 2011 to 2020, the growth of imports remained at a somewhat lower figure.

In value terms, imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd declined sharply to $X in 2020. Over the period under review, imports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2010; however, from 2011 to 2020, imports failed to regain the momentum.

Imports by Country

Syrian Arab Republic (X tons), Turkey (X tons) and Bahrain (X tons) were the main suppliers of imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd to Iraq, with a combined X% share of total imports. These countries were followed by Spain, Jordan, Egypt and Australia, which together accounted for a further X 2007 to 2020, the biggest increases were in Spain, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Syrian Arab Republic ($X) and Spain ($X) appeared to be the largest fresh cheese (unripened or uncured cheese), including whey cheese and curd suppliers to Iraq, together comprising X% of total imports.

Among the main suppliers, Spain (+X% per year) recorded the highest growth rate of 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

The average import price for fresh cheese (unripened or uncured cheese), including whey cheese and curd stood at $X per ton in 2020, increasing by X% against the previous year. In general, import price indicated a remarkable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, import price for fresh cheese (unripened or uncured cheese), including whey cheese and curd increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Jordan ($X per ton), while the price for Bahrain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform