
Iraq - Ships, Vessels, Ferry-Boats for the Transport of Persons - Market Analysis, Forecast, Size, Trends and Insights
Iraq: Shipping Market 2022
Shipping Market Size in Iraq
After four years of decline, the Iraqi shipping market increased by 14% to $X in 2021. Overall, consumption, however, saw a abrupt setback. Shipping consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Shipping Production in Iraq
In value terms, shipping production rose remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of 41%. Shipping production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.
Shipping Imports
Imports into Iraq
In 2021, approx. X units of ships, vessels, ferry-boats for the transport of persons were imported into Iraq; falling by -50% against 2020. Over the period under review, imports recorded a dramatic setback. The most prominent rate of growth was recorded in 2020 when imports increased by 100% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.
In value terms, shipping imports reduced markedly to $X in 2021. Overall, imports recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 when imports increased by 1,137%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, the United Arab Emirates (X units) was the main supplier of shipping to Iraq, with a approx. 100% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates amounted to -39.2%.
In value terms, the United Arab Emirates ($X) constituted the largest supplier of shipping to Iraq, comprising 81% of total imports. The second position in the ranking was taken by Iran ($X), with a 19% share of total imports.
From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates stood at -36.4%.
Import Prices by Country
In 2021, the average shipping import price amounted to $X per unit, increasing by 8.1% against the previous year. Over the period under review, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 641% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per unit), while the price for Iran amounted to $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+29.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the shipping 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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