Iraq - Inflatable Vessels for Pleasure or Sports - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Iraq: Inflatable Vessel Market 2022
Inflatable Vessel Market Size in Iraq
After four years of growth, the Iraqi inflatable vessel market decreased by -44.8% to $X in 2021. Overall, consumption, however, enjoyed a significant expansion. Inflatable vessel consumption peaked at $X in 2020, and then contracted significantly in the following year.
Inflatable Vessel Imports
Imports into Iraq
In 2021, after four years of growth, there was significant decline in purchases abroad of inflatable vessels for pleasure or sports, when their volume decreased by -45.2% to X units. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2017 when imports increased by 191% against the previous year. Over the period under review, imports reached the peak figure at X units in 2020, and then shrank remarkably in the following year.
In value terms, inflatable vessel imports shrank to $X in 2021. Overall, imports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2013 with an increase of 152% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then fell in the following year.
Imports by Country
In 2021, the United Arab Emirates (X units) constituted the largest supplier of inflatable vessel to Iraq, with a 89% share of total imports. Moreover, inflatable vessel imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X units), eightfold.
From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates stood at +36.6%.
In value terms, the United Arab Emirates ($X) and China ($X) constituted the largest inflatable vessel suppliers to Iraq.
The United Arab Emirates, with a CAGR of +25.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review.
Import Prices by Country
The average inflatable vessel import price stood at $X per unit in 2021, with an increase of 65% against the previous year. Overall, the import price, however, showed a abrupt contraction. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per unit), while the price for the United Arab Emirates stood at $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.3%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the inflatable vessel market 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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