Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Iraq - 2022

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Iraq (CIF) - 2022
  2. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Iraq

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Iraq (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $1,065 per unit in 2022, falling by -2.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 64% against the previous year. Over the period under review, average import prices hit record highs at $1,161 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($1,671 per unit), while the price for China ($513 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Iraq

Imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses into Iraq contracted notably to 94 units in 2022, with a decrease of -53.2% on 2021. Over the period under review, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,336%. As a result, imports attained the peak of 201 units, and then dropped rapidly in the following year.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses shrank notably to $100K in 2022. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,875% against the previous year. As a result, imports reached the peak of $219K, and then contracted dramatically in the following year.

Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.01.022.025.2132.7%
Spain1.61.289.023.8145.9%
Turkey3.62.241.119.675.9%
China2.10.77.915.494.3%
United Arab Emirates19.34.434.010.0-19.7%
Italy4.41.09.33.7-5.6%
Germany2.50.54.62.1-5.6%
KuwaitN/AN/A11.10.3-97.3%
Others6.90.1N/AN/A-98.6%
Total42.411.121910033.1%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Iraq in 2022:

  1. China (30.0 units)
  2. Turkey (19.0 units)
  3. United States (16.0 units)
  4. Spain (15.0 units)
  5. United Arab Emirates (6.0 units)
  6. Italy (4.0 units)
  7. Germany (3.0 units)
  8. Kuwait (1.0 units)

Source: IndexBox Market Intelligence Platform

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