Iraq: Potato Market Overview 2021

Potato Market Size in Iraq

In 2019, the Iraqi potato market increased by X% to $X, rising for the fourth year in a row after two years of decline. In general, consumption, however, saw a measured expansion. The pace of growth appeared the most rapid in 2011 when the market value increased by X% against the previous year. Potato consumption peaked at $X in 2013; however, from 2014 to 2019, consumption remained at a lower figure.

Potato Production in Iraq

In value terms, potato production expanded modestly to $X in 2019 estimated in export prices. Over the period under review, production showed prominent growth. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Potato production peaked at $X in 2013; however, from 2014 to 2019, production failed to regain the momentum.

In 2019, the average yield of potatoes in Iraq fell slightly to X tonnes per ha, standing approx. at the previous year. Overall, the yield showed a slight slump. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. The potato yield peaked at X tonnes per ha in 2011; however, from 2012 to 2019, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of potatoes were harvested in Iraq; with a decrease of -X% compared with the previous year's figure. Over the period under review, the harvested area saw a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. The potato harvested area peaked at X ha in 2013; however, from 2014 to 2019, the harvested area failed to regain the momentum.

Potato Exports

Exports from Iraq

In 2019, potato exports from Iraq stood at X tonnes, flattening at 2018 figures. Overall, exports saw a resilient expansion. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the near future.

In value terms, potato exports totaled $X in 2019. In general, exports continue to indicate a significant increase. Over the period under review, exports reached the peak figure in 2019 and are expected to retain growth in the near future.

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 2019, the average annual rate of growth in terms of volume to Turkey amounted to +X%.

From 2007 to 2019, the average annual rate of growth in terms of value to Turkey amounted to +X%.

Export Prices by Country

The average potato export price stood at $X per tonne in 2019, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a buoyant increase. Over the period under review, average export prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

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

From 2007 to 2019, the rate of growth in terms of prices for Turkey amounted to +X% per year.

Potato Imports

Imports into Iraq

For the fifth year in a row, Iraq recorded growth in supplies from abroad of potatoes, which increased by X% to X tonnes in 2019. Overall, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Imports peaked in 2019 and are expected to retain growth in years to come.

In value terms, potato imports skyrocketed to $X in 2019. In general, imports enjoyed a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Imports peaked at $X in 2010; however, from 2011 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Turkey (X tonnes) constituted the largest potato supplier 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), more than tenfold. The third position in this ranking was occupied by Egypt (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Turkey totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Egypt (+X% per year).

In value terms, the largest potato suppliers to Iraq were Turkey ($X), the Netherlands ($X) and Egypt ($X), with a combined X% share of total imports. These countries were followed by Germany, France and Pakistan, which together accounted for a further X the main suppliers, Germany (+X% per year) 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 2019, the average potato import price amounted to $X per tonne, falling by -X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2015; however, from 2016 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the price for Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Pakistan, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI 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 2019 were China (93M tonnes), India (51M tonnes) and Ukraine (23M tonnes), with a combined 44% share of global consumption. Russia, the U.S., Bangladesh, Germany, Poland and Canada lagged somewhat behind, together accounting for a further 20%.

What are the largest producers of potatoes in the world?

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The countries with the highest volumes of potato production in 2019 were China (93M tonnes), India (51M tonnes) and Ukraine (23M tonnes), together comprising 44% of global production. These countries were followed by Russia, the U.S., Bangladesh, Germany, France, Poland, the Netherlands, Canada and Belarus, which together accounted for a further 25%.

What are the leading suppliers of potatoes to Iraq?

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In value terms, the largest potato suppliers to Iraq were Turkey ($25M), the Netherlands ($16M) and Egypt ($7.7M), together accounting for 81% of total imports. Germany, France and Pakistan lagged somewhat behind, together comprising a further 17%.

What is the average export price for potatoes in Iraq?

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In 2019, the average potato export price amounted to $630 per tonne, stabilizing at the previous year.

What is the average import price for potatoes in Iraq?

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The average potato import price stood at $183 per tonne in 2019, which is down by -5.9% against the previous year.