Iraq: Tobacco Making Machinery Market 2022

Tobacco Making Machinery Market Size in Iraq

The Iraqi tobacco making machinery market contracted rapidly to $X in 2021, which is down 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 a pronounced expansion. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Tobacco Making Machinery Exports

Exports from Iraq

In 2021, tobacco making machinery exports from Iraq totaled less than X units, stabilizing at 2020 figures. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, tobacco making machinery exports amounted to less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Bulgaria (X units) was the main destination for tobacco making machinery exports from Iraq, accounting for a approx. X% share of total exports.

From 2012 to 2017, the average annual growth rate of volume to Bulgaria was relatively modest.

From 2012 to 2017, the average annual growth rate of value to Bulgaria was relatively modest.

Export Prices by Country

In 2017, the average tobacco making machinery export price amounted to $X per unit, flattening at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked in 2017 and is likely to see gradual growth in the near future.

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

From 2012 to 2017, the rate of growth in terms of prices for Bulgaria amounted to X% per year.

Tobacco Making Machinery Imports

Imports into Iraq

In 2021, the amount of machinery for the preparation or making up of tobacco imported into Iraq contracted rapidly to X units, which is down by -X% on the year before. Over the period under review, imports, however, enjoyed a slight expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of X units. From 2019 to 2021, the growth imports failed to regain momentum.

In value terms, tobacco making machinery imports contracted markedly to $X in 2021. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then declined significantly in the following year.

Imports by Country

Italy (X units), the United Arab Emirates (X units) and the Czech Republic (X units) were the main suppliers of tobacco making machinery imports to Iraq, with a combined X% share of total imports.

From 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, Italy ($X) constituted the largest supplier of tobacco making machinery to Iraq, comprising X% of total imports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+X% per year) and the United Arab Emirates (+X% per year).

Import Prices by Country

The average tobacco making machinery import price stood at $X per unit in 2021, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, posted significant growth. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. The import price peaked at $X per unit in 2020, and then dropped slightly in the following year.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform