Iraq: Potato Market Overview 2020

Potato Market Size in Iraq

The revenue of the potato market in Iraq amounted to $X in 2018, growing by X% against the previous year. Overall, potato consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, the potato market attained its peak figure level at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Potato Production in Iraq

In value terms, potato production amounted to $X in 2018 estimated in export prices. Overall, potato production continues to indicate a measured contraction. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Potato production peaked at $X in 2013; however, from 2014 to 2018, production failed to regain its momentum.

Average yield of potatoes in Iraq stood at X tonne per ha in 2018, growing by X% against the previous year. Overall, the potato yield continues to indicate remarkable growth. The most prominent rate of growth was recorded in 2017 when yield increased by X% y-o-y. Potato yield peaked at X tonne per ha in 2011; however, from 2012 to 2018, yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Potato harvested area in Iraq totaled X ha in 2018, lowering by -X% against the previous year. Over the period under review, the potato harvested area continues to indicate an abrupt decline. The most prominent rate of growth was recorded in 2013 when harvested area increased by X% year-to-year. In that year, the potato harvested area reached its peak level of X ha. From 2014 to 2018, the growth of the potato harvested area remained at a somewhat lower figure.

Potato Exports

Exports from Iraq

In 2018, the exports of potatoes from Iraq amounted to X tonnes, going down by -X% against the previous year. In general, potato exports continue to indicate an abrupt downturn. The growth pace was the most rapid in 2008 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2009; however, from 2010 to 2018, exports failed to regain their momentum.

In value terms, potato exports stood at $X in 2018. Overall, potato exports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2012 when exports increased by X% against the previous year. In that year, potato exports reached their peak of $X. From 2013 to 2018, the growth of potato exports remained at a somewhat lower figure.

Exports by Country

Turkey (X tonnes) was the main destination for potato exports from Iraq, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to Turkey stood at -X%.

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

From 2007 to 2018, the average annual rate of growth in terms of value to Turkey stood at +X%.

Export Prices by Country

The average potato export price stood at $X per tonne in 2018, picking up by X% against the previous year. Over the period under review, the potato export price continues to indicate extraordinary growth. The pace of growth appeared the most rapid in 2012 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for potatoes reached their peak figure in 2018 and is likely to continue its growth in the near future.

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

From 2007 to 2018, the rate of growth in terms of prices for Turkey amounted to +X% per year.

Potato Imports

Imports into Iraq

Potato imports into Iraq stood at X tonnes in 2018, jumping by X% against the previous year. Over the period under review, potato imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. Over the period under review, potato imports reached their maximum at X tonnes in 2010; however, from 2011 to 2018, imports remained at a lower figure.

In value terms, potato imports totaled $X in 2018. Overall, potato imports continue to indicate a measured increase. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, potato imports attained their maximum at $X in 2010; however, from 2011 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Turkey (X tonnes) constituted the largest supplier of potato to Iraq, with a X% share of total imports. Moreover, potato imports from Turkey exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), fourfold. The third position in this ranking was occupied by Syrian Arab Republic (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Turkey amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Syrian Arab Republic (+X% per year).

In value terms, Turkey ($X), the Netherlands ($X) and Egypt ($X) were the largest potato suppliers to Iraq, together comprising X% of total imports. Jordan, Syrian Arab Republic, Pakistan and Iran lagged somewhat behind, together accounting for a further X (+X% per year) experienced the highest rates of growth with regard to imports, among the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average potato import price stood at $X per tonne in 2018, coming down by -X% against the previous year. Over the period under review, the potato import price, however, continues to indicate a modest increase. The pace of growth appeared the most rapid in 2015 an increase of X% year-to-year. In that year, the average import prices for potatoes reached their peak level of $X per tonne. From 2016 to 2018, the growth in terms of the average import prices for potatoes remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the Netherlands ($X per tonne), while the price for Syrian Arab Republic ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Egypt, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform