Earlier Report Observations
From 2018 to 2020, the market volume for sunflower, safflower, and cottonseed oil in Iraq remained relatively stable, hovering between 550 and 600 thousand tons. The market's underlying conditions were shaped by a lack of clear agricultural policy for oilseed crops and a heavy reliance on imports, making it sensitive to external fluctuations. A modest increase to 599.6 thousand tons in 2020 occurred amidst this dependent structure.
A sharp contraction followed in 2021, with the market volume plummeting to 379 thousand tons. This drop was directly driven by global geopolitical tensions, particularly those preceding and surrounding the Russia-Ukraine conflict, which caused a spike in world sunflower oil prices and constrained import availability for Iraq.
The market rebounded to 572.8 thousand tons in 2022, supported by heightened global and local demand for vegetable oils perceived as healthier alternatives. However, volume fell again to 431.4 thousand tons in 2023 as persistent high world prices, a consequence of the ongoing war and supply constraints, outweighed growing domestic consumer preference for sunflower oil due to its health benefits and vitamin E content.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Iraq
- 5.1.1. Annual dynamics of production in Iraq in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Iraq in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Iraq
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, K t
- 6.1.2.1. Annual dynamics of product's imports to Iraq in kind, 2018-2024, K t
- 6.1.2.2. Dynamics of product's imports in kind to Iraq by countries, 2018-2024, K t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, M $ US
- 6.1.3.1. Annual dynamics of product's imports to Iraq in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's imports in value to Iraq by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Iraq, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Iraq by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, K t
- 6.2.2.1. Annual dynamics of product's imports to Iraq in kind, 2018-2024, K t
- 6.2.2.2. Dynamics of product's imports in kind to Iraq by countries, 2018-2024, K t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, M $ US
- 6.2.3.1. Annual dynamics of product's imports to Iraq in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's imports in value to Iraq by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Iraq, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Iraq by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, K t
- 7.1.2.1. Annual dynamics of product's exports from Iraq in kind, 2018-2024, K t
- 7.1.2.2. Dynamics of product's exports in kind from Iraq by countries, 2018-2024, K t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, M $ US
- 7.1.3.1. Annual dynamics of product's exports from Iraq in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's exports in value from Iraq by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Iraq, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Iraq by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, K t
- 7.2.2.1. Annual dynamics of product's exports from Iraq in kind, 2018-2024, K t
- 7.2.2.2. Dynamics of product's exports in kind from Iraq by countries, 2018-2024, K t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, M $ US
- 7.2.3.1. Annual dynamics of product's exports from Iraq in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's exports in value from Iraq by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Iraq, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Iraq by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production sunflower, safflower or cottonseed oil and fractions in Iraq
In kind, 2017-2020, t
Top producers of sunflower, safflower or cottonseed oil and fractions, 2017-2020
World map of production of sunflower, safflower or cottonseed oil and fractions, 2017-2020
The market experienced noticeable fluctuations during this period. Production levels varied significantly, with the lowest point in 2017 and the highest in 2020, showing a two-fold difference between these years. In 2020, Iraq produced 26 802 tons of sunflower, safflower, or cottonseed oil and fractions, marking a 5.5% increase compared to the previous year. The largest decline occurred in 2019, at 3.5%, while the most substantial growth was recorded in 2018, with a 93.1% rise.
Annual dynamics of production in Iraq in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 93.1% | (3.5%) | 5.5% | 25.3% |
In value, 2017-2020, K $ US
Market performance showed considerable volatility over this timeframe. Production values fluctuated, reaching their lowest in 2017 and peaking in 2019, with a 2.2-fold variation between these years. In 2020, the output of sunflower, safflower, or cottonseed oil and fractions in Iraq was valued at 31 043 thousand US dollars, reflecting a sharp decline of 17.0% from 2019. The maximum value was achieved in 2019 at 37 392 thousand US dollars, and the largest increase was observed in 2018, with a 100.0% growth.
Annual dynamics of production in Iraq in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 100.0% | 10.8% | (17.0%) | 22.5% |
Exports sunflower, safflower or cottonseed oil and fractions from Iraq
Exports in kind, K t
The market displayed an unstable trend throughout the period. Exports reached their lowest point in 2019 and peaked in 2018, with a 25-fold amplitude between these years. In 2020, Iraq exported 0.1 thousand tons of sunflower, safflower, or cottonseed oil and fractions, representing a significant increase of 441.0% compared to the previous year. The minimum value was recorded in 2019 at 0.0 thousand tons, while the maximum was in 2018 at 0.3 thousand tons. The largest decline occurred in 2019, with a 96.0% drop.
Annual dynamics of product's exports from Iraq in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 264.5% | (96.0%) | 441.0% | (7.7%) |
From 2017 to 2020, Turkey remained the dominant and nearly exclusive destination for Iraq's exports of sunflower, safflower, or cottonseed oil and fractions in kind, accounting for 100.0% of the total.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Iraq in kind, 2017-2020
Exports in value, M $ US
Volatility characterized the market during these years. Export values hit their lowest in 2019 and peaked in 2018, with a 22-fold gap between these periods. In 2020, shipments of sunflower, safflower, or cottonseed oil and fractions from Iraq to abroad amounted to 0.1 million US dollars, showing a sharp uptick of 325.9% relative to the prior year. The minimum value was recorded in 2019 at 0.0 million US dollars, and the maximum was in 2018 at 0.4 million US dollars. The largest decline was in 2019, with a 95.4% decrease.
Annual dynamics of product's exports from Iraq in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 277.6% | (95.4%) | 325.9% | (9.7%) |
Between 2017 and 2020, the structure of exports in value terms was dominated by a single market: Turkey, which accounted for 100.0% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Iraq in value, 2017-2020
Imports sunflower, safflower or cottonseed oil and fractions to Iraq
Imports in kind, K t
After a two-year decline, imports of sunflower, safflower, or cottonseed oil and fractions into Iraq increased. In 2020, imports totaled 572.9 thousand tons, reflecting a moderate advance of 9.2% versus the previous year. The minimum value was recorded in 2019 at 524.6 thousand tons, and the largest decline occurred in 2018, with an 8.8% drop.
Annual dynamics of product's imports to Iraq in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (8.8%) | (0.3%) | 9.2% | (0.2%) |
From 2017 to 2020, Ukraine and Turkey concentrated the majority of imports in kind of sunflower, safflower, or cottonseed oil and fractions to Iraq, while other markets formed a less significant portion.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Iraq in kind, 2017-2020
Imports in value, M $ US
Following a two-year drop, Iraq's imports of sunflower, safflower, or cottonseed oil and fractions increased. In 2020, imports amounted to 425.8 million US dollars, showing a significant advance of 17.2% year-over-year. Between 2017 and 2020, imports decreased by 14.4%, equating to an annualized rate of 5.1%. The minimum value was recorded in 2019 at 363.2 million US dollars, and the largest decline occurred in 2018, with a 16.8% fall.
Annual dynamics of product's imports to Iraq in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (16.8%) | (12.2%) | 17.2% | (5.1%) |
During 2017–2020, Ukraine and Turkey played the leading roles in imports in value terms, with a combined share of 90.0% of total flows, while the remaining share was dispersed among other countries.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Iraq in value, 2017-2020
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