Iraq: Potato Market Overview 2021

Potato Market Size in Iraq

In 2020, the Iraqi potato market decreased by -X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption posted pronounced growth. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Potato consumption peaked at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Potato Production in Iraq

In value terms, potato production soared to $X in 2020 estimated in export prices. Over the period under review, production enjoyed resilient growth. The pace of growth was the most pronounced in 2011 when the production volume increased by X% y-o-y. Over the period under review, production attained the peak level in 2020 and is likely to see gradual growth in years to come.

The average yield of potatoes in Iraq stood at X tonnes per ha in 2020, growing by X% against 2019 figures. In general, the yield recorded a temperate increase. The most prominent rate of growth was recorded in 2017 when the yield increased by X% year-to-year. Over the period under review, the average potato yield hit record highs at X tonnes per ha in 2011; however, from 2012 to 2020, the 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.

The potato harvested area in Iraq contracted to X ha in 2020, waning by -X% on the previous year. In general, the harvested area recorded a abrupt setback. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The potato harvested area peaked at X ha in 2013; however, from 2014 to 2020, the harvested area remained at a lower figure.

Potato Exports

Exports from Iraq

In 2020, overseas shipments of potatoes decreased by -X% to X tonnes, falling for the eighth year in a row after two years of growth. Overall, exports faced a deep contraction. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, potato exports totaled $X in 2020. In general, exports saw a moderate expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. As a result, exports attained the peak of $X. from 2013 to 2020, the growth exports remained at a lower figure.

Exports by Country

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

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

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

From 2007 to 2020, the average annual growth rate of value to Turkey stood at +X%.

Export Prices by Country

In 2020, the average potato export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price showed significant growth. The growth pace was the most rapid in 2012 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs in 2020 and is expected to retain growth in the immediate term.

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.

Potato Imports

Imports into Iraq

In 2020, imports of potatoes into Iraq fell notably to X tonnes, dropping by -X% against 2019. In general, imports showed a perceptible decline. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, potato imports dropped notably to $X in 2020. Over the period under review, imports posted a tangible expansion. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

Turkey (X tonnes), Egypt (X tonnes) and the Netherlands (X tonnes) were the main suppliers of potato imports to Iraq, together comprising X% of total imports. These countries were followed by Syrian Arab Republic, France, Kuwait and Iran, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kuwait, while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Egypt ($X) and Turkey ($X) constituted the largest potato suppliers to Iraq, with a combined X% share of total imports. France, Kuwait, Syrian Arab Republic and Iran lagged somewhat behind, together accounting for a further X terms of the main suppliers, Kuwait saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average potato import price amounted to $X per tonne, picking up by X% against the previous year. Overall, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the maximum in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, 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 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for potatoes in the world?

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The countries with the highest volumes of potato consumption in 2020 were China (94M tonnes), India (52M tonnes) and Russia (22M tonnes), with a combined 44% share of global consumption. Ukraine, the U.S., Bangladesh, Germany, the Netherlands, France, Poland, Belgium and Belarus lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of potatoes in the world?

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The countries with the highest volumes of potato production in 2020 were China (95M tonnes), India (53M tonnes) and Russia (22M tonnes), together accounting for 45% of global production. These countries were followed by Ukraine, the U.S., Germany, Bangladesh, France, the Netherlands, Poland and Belarus, which together accounted for a further 23%.

What are the leading suppliers of potatoes to Iraq?

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In value terms, the Netherlands ($17M), Egypt ($11M) and Turkey ($9.4M) appeared to be the largest potato suppliers to Iraq, with a combined 82% share of total imports. These countries were followed by France, Kuwait, Syrian Arab Republic and Iran, which together accounted for a further 12%.

What are the leading importers of potatoes from Iraq?

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In value terms, Turkey ($7.5K) remains the key foreign market for potato exports from Iraq.

What is the average export price for potatoes in Iraq?

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In 2020, the average potato export price amounted to $1,347 per tonne, jumping by 21% against the previous year.

What is the average import price for potatoes in Iraq?

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The average potato import price stood at $400 per tonne in 2020, surging by 9.9% against the previous year.