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Iraq - Polyethylene - Market Analysis, Forecast, Size, Trends And Insights
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Iraq: Polyethylene Market Overview 2021

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Polyethylene Market Size in Iraq

In 2020, after two years of growth, there was decline in the Iraqi polyethylene market, when its value decreased by -X% to $X. Overall, consumption showed a mild setback. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Polyethylene consumption peaked at $X in 2016; however, from 2017 to 2020, consumption stood at a somewhat lower figure.

Polyethylene Production in Iraq

In value terms, polyethylene production declined to $X in 2020 estimated in export prices. Over the period under review, production showed a abrupt contraction. The growth pace was the most rapid in 2015 when the production volume increased by X% y-o-y. Polyethylene production peaked at $X in 2009; however, from 2010 to 2020, production failed to regain the momentum.

Polyethylene Exports

Exports from Iraq

In 2020, overseas shipments of polyethylene with a specific gravity of less than X, in primary forms increased by X% to X tonnes, rising for the sixth consecutive year after seven years of decline. In general, exports posted a modest increase. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Exports peaked in 2020 and are likely to see steady growth in years to come.

In value terms, polyethylene exports reached $X in 2020. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Turkey (X tonnes) was the main destination for polyethylene exports from Iraq, accounting for 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 polyethylene 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 polyethylene export price amounted to $X per tonne, stabilizing at the previous year. Overall, the export price showed a mild downturn. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2020, export prices stood at a somewhat 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.

Polyethylene Imports

Imports into Iraq

Polyethylene imports into Iraq was estimated at X tonnes in 2020, increasing by X% on the previous year's figure. Overall, imports showed a modest increase. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

In value terms, polyethylene imports fell modestly to $X in 2020. In general, imports saw a mild downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Saudi Arabia (X tonnes) constituted the largest supplier of polyethylene to Iraq, with a X% share of total imports. Moreover, polyethylene imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Jordan (X tonnes), threefold. The United Arab Emirates (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Saudi Arabia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (+X% per year) and the United Arab Emirates (+X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of polyethylene to Iraq, comprising X% of total imports. The second position in the ranking was occupied by Jordan ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Saudi Arabia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (+X% per year) and the United Arab Emirates (+X% per year).

Import Prices by Country

In 2020, the average polyethylene import price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the import price showed a noticeable slump. The growth pace was the most rapid in 2017 an increase of X% year-to-year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the United Arab Emirates ($X per tonne), while the price for South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polyethylene with a specific gravity of less than 0,94, in primary forms in the world?
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The country with the largest volume of polyethylene consumption was China (11M tonnes), accounting for 24% of total volume. Moreover, polyethylene consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (2.8M tonnes), fourfold. The third position in this ranking was occupied by India (2.4M tonnes), with a 5.4% share.
What are the largest producers of polyethylene with a specific gravity of less than 0,94, in primary forms in the world?
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The countries with the highest volumes of polyethylene production in 2020 were China (7.6M tonnes), Saudi Arabia (5.3M tonnes) and the U.S. (4.5M tonnes), together accounting for 37% of global production. These countries were followed by Singapore, India, Brazil, Japan, Iran, Thailand, France, South Korea, Mexico and the UK, which together accounted for a further 35%.
What are the leading suppliers of polyethylene with a specific gravity of less than 0,94, in primary forms to Iraq?
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In value terms, Saudi Arabia ($6.6M) constituted the largest supplier of polyethylene to Iraq, comprising 58% of total imports. The second position in the ranking was occupied by Jordan ($2.6M), with a 22% share of total imports. It was followed by the United Arab Emirates, with a 15% share.
What are the leading importers of polyethylene with a specific gravity of less than 0,94, in primary forms from Iraq?
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In value terms, Turkey ($154K) remains the key foreign market for polyethylene exports from Iraq.
What is the average export price for polyethylene with a specific gravity of less than 0,94, in primary forms in Iraq?
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The average polyethylene export price stood at $1,115 per tonne in 2020, approximately equating the previous year.
What is the average import price for polyethylene with a specific gravity of less than 0,94, in primary forms in Iraq?
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In 2020, the average polyethylene import price amounted to $1,145 per tonne, waning by -2.7% against the previous year.

Product coverage:
• Prodcom 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
• Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)

This report provides an in-depth analysis of the polyethylene 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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