Iraq - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWhole Fresh Milk Price in Iraq - 2022
Contents:
- Whole Fresh Milk Price in Iraq (CIF) - 2022
- Whole Fresh Milk Price in Iraq (FOB) - 2022
- Whole Fresh Milk Imports in Iraq
- Whole Fresh Milk Exports in Iraq
Whole Fresh Milk Price in Iraq (CIF) - 2022
In 2022, the average whole fresh milk import price amounted to $517 per ton, growing by 5.4% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2017 an increase of 38%. As a result, import price attained the peak level of $1,284 per ton. From 2018 to 2022, the average import prices remained at a 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 the United Arab Emirates ($1,884 per ton), while the price for Iran ($405 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+1.5%), while the prices for the other major suppliers experienced a decline.
Whole Fresh Milk Price in Iraq (FOB) - 2022
The average whole fresh milk export price stood at $431 per ton in 2022, leveling off at the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 when the average export price increased by 0.1% against the previous year. Over the period under review, the average export prices reached the maximum at $842 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -6.5% per year.
Whole Fresh Milk Imports in Iraq
In 2022, imports of whole fresh milk into Iraq reached 56K tons, leveling off at the previous year's figure. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +25.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 103% against the previous year. As a result, imports attained the peak of 57K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, whole fresh milk imports expanded markedly to $29M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 38%. As a result, imports reached the peak of $31M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Whole Fresh Milk in Iraq (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 8.4 | 15.5 | 15.3 | 18.0 | 28.9% |
United Arab Emirates | 2.8 | 1.7 | 2.7 | 4.0 | 12.6% |
Turkey | 1.9 | 3.6 | 2.5 | 2.4 | 8.1% |
Saudi Arabia | 1.1 | 3.0 | 1.9 | 2.3 | 27.9% |
Kuwait | 7.6 | 6.6 | 4.1 | 1.6 | -40.5% |
Others | 0.5 | 0.6 | 0.5 | 0.7 | 11.9% |
Total | 22.3 | 30.9 | 27.1 | 29.0 | 9.2% |
Top Suppliers of Whole Fresh Milk to Iraq in 2022:
- Iran (44.4K tons)
- Saudi Arabia (3.6K tons)
- Turkey (3.1K tons)
- United Arab Emirates (2.1K tons)
- Kuwait (2.0K tons)
Whole Fresh Milk Exports in Iraq
After three years of growth, overseas shipments of whole fresh milk decreased by -0.2% to 24 tons in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +26.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +100.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 100%.
In value terms, whole fresh milk exports fell modestly to $10K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year.
Export of Whole Fresh Milk in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 7.0 | 10.2 | 10.3 | 10.3 | 13.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 7.0 | 10.2 | 10.3 | 10.3 | 13.7% |
Top Export Markets for Whole Fresh Milk from Iraq in 2022:
- Turkey (23.8 tons)
This report provides an in-depth analysis of the whole fresh milk 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.
Product coverage:
- FCL 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
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
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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