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Iraq - Margarine And Shortening - Market Analysis, Forecast, Size, Trends and Insights
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Iraq: Margarine And Shortening Market Overview 2021

Margarine And Shortening Market Size in Iraq

The Iraqi margarine and shortening market plummeted to $X in 2020, which is down by -X% against the previous year. Over the period under review, consumption saw a deep reduction. The pace of growth appeared the most rapid in 2011 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. from 2012 to 2020, the growth of the market remained at a lower figure.

Margarine And Shortening Production in Iraq

In value terms, margarine and shortening production declined to $X in 2020 estimated in export prices. Overall, production continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. As a result, production reached the peak level of $X. from 2013 to 2020, production growth failed to regain the momentum.

Margarine And Shortening Exports

Exports from Iraq

In 2020, overseas shipments of margarine and shortening increased by X% to X tonnes, rising for the third year in a row after five years of decline. In general, exports saw a resilient expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, margarine and shortening exports surged to $X in 2020. Overall, exports enjoyed a buoyant increase. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Exports peaked in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Turkey (X tonnes) was the main destination for margarine and shortening exports from Iraq, with a approx. X% share of total exports.

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

In value terms, Turkey ($X) also remains the key foreign market for margarine and shortening exports from Iraq.

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

Export Prices by Country

The average margarine and shortening export price stood at $X per tonne in 2020, falling by -X% against the previous year. Over the period under review, the export price recorded a pronounced slump. The growth pace was the most rapid in 2012 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. from 2013 to 2020, the growth in terms of the average export prices failed to regain the momentum.

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.

Margarine And Shortening Imports

Imports into Iraq

In 2020, imports of margarine and shortening into Iraq shrank dramatically to X tonnes, with a decrease of -X% on the year before. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, imports reached the peak of X tonnes. from 2012 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, margarine and shortening imports fell significantly to $X in 2020. Overall, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2012 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Greece (X tonnes) constituted the largest supplier of margarine and shortening to Iraq, accounting for a X% share of total imports. Moreover, margarine and shortening imports from Greece exceeded the figures recorded by the second-largest supplier, Turkey (X tonnes), fourfold.

From 2007 to 2020, the average annual growth rate of volume from Greece was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and Italy (-X% per year).

In value terms, Greece ($X) constituted the largest supplier of margarine and shortening to Iraq, comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Greece amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and Italy (-X% per year).

Import Prices by Country

The average margarine and shortening import price stood at $X per tonne in 2020, increasing by X% against the previous year. In general, the import price recorded a modest increase. The import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per tonne), while the price for Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for margarine and shortening in the world?
+
The U.S. (4.1M tonnes) remains the largest margarine and shortening consuming country worldwide, accounting for 26% of total volume. Moreover, margarine and shortening consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Pakistan (1.9M tonnes), twofold. Brazil (1.1M tonnes) ranked third in terms of total consumption with a 6.8% share.
What are the largest producers of margarine and shortening in the world?
+
The U.S. (4.1M tonnes) remains the largest margarine and shortening producing country worldwide, comprising approx. 25% of total volume. Moreover, margarine and shortening production in the U.S. exceeded the figures recorded by the second-largest producer, Pakistan (1.9M tonnes), twofold. The third position in this ranking was occupied by Brazil (1.1M tonnes), with a 6.8% share.
What are the leading suppliers of margarine and shortening to Iraq?
+
In value terms, Greece ($2.5M) constituted the largest supplier of margarine and shortening to Iraq, comprising 68% of total imports. The second position in the ranking was occupied by Turkey ($552K), with a 15% share of total imports.
What are the leading importers of margarine and shortening from Iraq?
+
In value terms, Turkey ($91K) remains the key foreign market for margarine and shortening exports from Iraq.
What is the average export price for margarine and shortening in Iraq?
+
The average margarine and shortening export price stood at $967 per tonne in 2020, which is down by -9.7% against the previous year.
What is the average import price for margarine and shortening in Iraq?
+
The average margarine and shortening import price stood at $1,240 per tonne in 2020, rising by 48% against the previous year.

Product coverage:
• FCL 1242 - Margarine and Shortening

This report provides an in-depth analysis of the margarine and shortening 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 2025.


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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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