Iraq - Multimeters - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jul 1, 2024

Iraq - Multimeters - Market Analysis, Forecast, Size, Trends And Insights

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Multimeter Price in Iraq - 2022

Contents:

  1. Multimeter Price in Iraq (CIF) - 2022
  2. Multimeter Price in Iraq (FOB) - 2022
  3. Multimeter Imports in Iraq
  4. Multimeter Exports in Iraq

Multimeter Price in Iraq (CIF) - 2022

In 2022, the average multimeter import price amounted to $20 per unit, picking up by 43% against the previous year. Over the period under review, the import price, however, showed a abrupt curtailment. The growth pace was the most rapid in 2019 an increase of 45% against the previous year. Over the period under review, average import prices reached the peak figure at $49 per unit in 2012; however, from 2013 to 2022, import prices stood 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 South Korea ($19 per unit), while the price for Kuwait ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (-1.2%), while the prices for the other major suppliers experienced a decline.

Multimeter Price in Iraq (FOB) - 2022

In 2022, the average multimeter export price amounted to $108 per unit, surging by 52% against the previous year. Over the period under review, the export price recorded a mild increase. The growth pace was the most rapid in 2015 an increase of 700% against the previous year. The export price peaked at $1,524 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($125 per unit), while the average price for exports to the Netherlands ($47 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 the Czech Republic (-2.5%), while the prices for the other major destinations experienced a decline.

Multimeter Imports in Iraq

In 2022, purchases abroad of multimeters decreased by -13.4% to 40K units, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 7.7%. As a result, imports attained the peak of 56K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, multimeter imports skyrocketed to $815K in 2022. Over the period under review, imports continue to indicate a perceptible slump. Over the period under review, imports attained the peak figure at $866K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Multimeter in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine17319020425413.7%
China206187147176-5.1%
United Arab Emirates12092.280.789.5-9.3%
Turkey62.244.025.970.54.3%
Austria70.354.643.645.6-13.4%
Italy38.129.09.418.7-21.1%
Poland0.53.011.912.2190.0%
Germany16.512.621.71.4-56.1%
Kuwait0.21.410.71.281.7%
South Korea1.453.223.80.1-58.5%
Others17991.980.3145-6.8%
Total866759658815-2.0%

Top Suppliers of Multimeter to Iraq in 2022:

  1. Ukraine (13.9K units)
  2. China (9.7K units)
  3. United Arab Emirates (4.9K units)
  4. Turkey (3.9K units)
  5. Austria (2.5K units)
  6. Italy (1.0K units)
  7. Poland (0.7K units)
  8. Kuwait (0.6K units)
  9. Germany (0.1K units)

Multimeter Exports in Iraq

In 2022, shipments abroad of multimeters decreased by -36% to 32 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 200%. Over the period under review, the exports reached the maximum at 50 units in 2021, and then declined notably in the following year.

In value terms, multimeter exports declined to $3.4K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 168%. The exports peaked at $3.5K in 2021, and then contracted modestly in the following year.

Export of Multimeter in Iraq (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A2,8860%
Czech Republic31241257542110.5%
NetherlandsN/AN/A306141-53.9%
ArgentinaN/AN/A1,577N/A0%
ThailandN/A1,1691,079N/A-7.7%
Belgium204N/AN/AN/A0%
ItalyN/A1,320N/AN/A0%
Others568N/AN/AN/A0%
Total1,0842,9013,5373,44847.1%

Top Export Markets for Multimeter from Iraq in 2022:

  1. United Arab Emirates (23.0 units)
  2. Czech Republic (6.0 units)
  3. Netherlands (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the multimeter 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:

  • Prodcom 26514310 - Multimeters

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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