Iraq: Perfume Market 2024

Perfume Market Size in Iraq

The Iraqi perfume market contracted to $X in 2022, 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). Overall, the total consumption indicated a buoyant 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, consumption increased by X% against 2017 indices. Over the period under review, the market attained the peak level at $X in 2021, and then dropped in the following year.

Perfume Exports

Exports from Iraq

After two years of decline, overseas shipments of perfumes and toilet waters increased by X% to X tons in 2022. Overall, exports continue to indicate prominent growth. The growth pace was the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, perfume exports stood at $X in 2022. In general, exports recorded a mild increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for perfume exports from Iraq, accounting for a X% share of total exports. It was followed by Turkey (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates totaled X%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for perfumes and toilet waters exports from Iraq, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates stood at X%.

Export Prices by Country

The average perfume export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Turkey amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%).

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Perfume Imports

Imports into Iraq

Perfume imports into Iraq fell slightly to X tons in 2022, with a decrease of X% against the year before. In general, total imports indicated a tangible increase from 2012 to 2022: its volume 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 2019 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, perfume imports declined to $X in 2022. Overall, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of perfume to Iraq, accounting for a X% share of total imports. Moreover, perfume imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold. The third position in this ranking was held by France (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and France (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of perfumes and toilet waters to Iraq, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

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

Import Prices by Country

The average perfume import price stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price, however, recorded a strong expansion. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Jordan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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