Iraq: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in Iraq

The Iraqi spectrometers and spectrophotometers market dropped to $X in 2022, shrinking by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Spectrometers And Spectrophotometers Exports

Exports from Iraq

In 2022, overseas shipments of spectrometers and spectrophotometers increased by X% to X units, rising for the fourth consecutive year after two years of decline. Over the period under review, total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2012 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spectrometers and spectrophotometers exports reduced remarkably to $X in 2022. In general, exports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden (X units), Austria (X units) and Malaysia (X units) were the main destinations of spectrometers and spectrophotometers exports from Iraq, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) remains the key foreign market for spectrometers and spectrophotometers exports from Iraq, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with an X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Austria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Malaysia (X% per year).

Export Prices by Country

The average spectrometers and spectrophotometers export price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced a decline.

Spectrometers And Spectrophotometers Imports

Imports into Iraq

In 2022, the amount of spectrometers and spectrophotometers imported into Iraq dropped to X units, which is down by X% on the previous year's figure. Over the period under review, imports continue to indicate a mild curtailment. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, spectrometers and spectrophotometers imports dropped modestly to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

India (X units), China (X units) and Germany (X units) were the main suppliers of spectrometers and spectrophotometers imports to Iraq, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest spectrometers and spectrophotometers suppliers to Iraq were Germany ($X), China ($X) and Austria ($X), with a combined X% share of total imports. The United States, India, Japan, Turkey, Australia, Spain, Denmark and Sweden lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Denmark, with a CAGR of X%, recorded 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

The average spectrometers and spectrophotometers import price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spectrometers and spectrophotometers import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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