Report Update Apr 1, 2024

Iraq - Unwrought Aluminium Alloys - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Unwrought Aluminium Alloys Market 2021

Unwrought Aluminium Alloys Market Size in Iraq

The Iraqi unwrought aluminium alloys market expanded significantly to $X in 2020, growing by X% against the previous year. Overall, consumption continues to indicate notable growth. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. Unwrought aluminium alloys consumption peaked in 2020 and is likely to continue growth in years to come.

Unwrought Aluminium Alloys Production in Iraq

In value terms, unwrought aluminium alloys production stood at $X in 2020 estimated in export prices. Over the period under review, production continues to indicate notable growth. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, production reached the maximum level in 2020 and is expected to retain growth in the near future.

Unwrought Aluminium Alloys Exports

Exports from Iraq

In 2020, the amount of unwrought aluminium alloys exported from Iraq shrank notably to X tons, with a decrease of -X% on 2019. Over the period under review, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tons in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, unwrought aluminium alloys exports dropped dramatically to $X in 2020. In general, exports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. Exports peaked at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

Italy (X tons) was the main destination for unwrought aluminium alloys exports from Iraq, accounting for a X% share of total exports. Moreover, unwrought aluminium alloys exports to Italy exceeded the volume sent to the second major destination, China (X tons), more than tenfold.

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

In value terms, Italy ($X) remains the key foreign market for unwrought aluminium alloys exports from Iraq, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Italy totaled +X%.

Export Prices by Country

In 2020, the average unwrought aluminium alloys export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X% y-o-y. Over the period under review, average export prices reached the peak figure at $X per ton in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2020, the country with the highest price was Italy ($X per ton), while the average price for exports to China stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China.

Unwrought Aluminium Alloys Imports

Imports into Iraq

In 2020, the amount of unwrought aluminium alloys imported into Iraq soared to X tons, rising by X% on the year before. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, unwrought aluminium alloys imports skyrocketed to $X in 2020. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Russia (X tons) constituted the largest supplier of unwrought aluminium alloys to Iraq, with a X% share of total imports. Moreover, unwrought aluminium alloys imports from Russia exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), threefold.

From 2007 to 2020, the average annual growth rate of volume from Russia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Turkey (+X% per year).

In value terms, Russia ($X) constituted the largest supplier of unwrought aluminium alloys to Iraq, comprising X% of total imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Russia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Turkey (+X% per year).

Import Prices by Country

In 2020, the average unwrought aluminium alloys import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Turkey ($X per ton), while the price for Malaysia ($X per ton) 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 a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for unwrought aluminium alloys in the world?

The countries with the highest volumes of unwrought aluminium alloys consumption in 2020 were China, the U.S. and India, with a combined 41% share of global consumption. Russia, Brazil, Germany, Nigeria, Italy, South Korea and Canada lagged somewhat behind, together accounting for a further 20%.

What are the largest producers of unwrought aluminium alloys in the world?

China constituted the country with the largest volume of unwrought aluminium alloys production, accounting for 21% of total volume. Moreover, unwrought aluminium alloys production in China exceeded the figures recorded by the second-largest producer, the U.S., twofold. India ranked third in terms of total production with a 7.9% share.

What are the leading suppliers of unwrought aluminium alloys to Iraq?

In value terms, Russia constituted the largest supplier of unwrought aluminium alloys to Iraq, comprising 74% of total imports. The second position in the ranking was occupied by Malaysia, with a 22% share of total imports.

What are the leading importers of unwrought aluminium alloys from Iraq?

In value terms, Italy remains the key foreign market for unwrought aluminium alloys exports from Iraq, comprising 95% of total exports. The second position in the ranking was occupied by China, with a 4.8% share of total exports.

What is the average export price for unwrought aluminium alloys in Iraq?

In 2020, the average unwrought aluminium alloys export price amounted to $1,919 per ton, rising by 12% against the previous year.

What is the average import price for unwrought aluminium alloys in Iraq?

In 2020, the average unwrought aluminium alloys import price amounted to $2,136 per ton, picking up by 3.6% against the previous year.

This report provides an in-depth analysis of the unwrought aluminium alloys 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 2025.

Product coverage:

Prodcom 24421154 - Unwrought aluminium alloys (excluding aluminium powders and flakes)

Country coverage:

Iraq

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iraq
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023