The nuts market in Iraq is experiencing dynamic shifts influenced by both global trends and domestic demand. As a staple in the Iraqi diet, nuts such as almonds, pistachios, and walnuts are crucial import commodities. In recent months, trade volumes have shown a consistent upward trajectory, driven by increasing consumption and the need to meet local demand. The CSV data reveals that the import price of nuts has seen a moderate increase over the past year. This trend is attributable to several factors, including global supply chain disruptions and fluctuating currency exchange rates affecting import costs. The price per ton, which averaged around $5,000 at the beginning of the year, has now risen to approximately $5,300. This 6% increase reflects not only the cost implications of importing but also the growing competition among suppliers to secure market share in Iraq's burgeoning food sector. Moreover, trade volumes have remained relatively stable, with a slight 3% increase compared to the previous quarter, indicating robust demand despite rising prices.

This stability suggests that the Iraqi market is resilient, maintaining its import levels even as external economic pressures persist. The key partners in Iraq's nuts trade include countries like the United States and Iran, which are significant exporters of nuts. These relationships are pivotal in ensuring a steady supply to Iraq, enabling local suppliers to meet consumer demands effectively. As the market evolves, businesses seeking to engage in Iraq's nuts trade must navigate these price trends and volume changes effectively. Platforms like Aritral. com can be instrumental in this process. Aritral offers comprehensive B2B services, including Product Listing, Direct Communication, and Global Sales Assistance. With AI-Powered Marketing and Profile Management, Aritral simplifies the complexities of international trade, making it easier for suppliers and buyers to connect and transact efficiently in Iraq's food market.