Iraq"s snack market is a dynamic segment within the country"s broader food industry, reflecting both local consumption patterns and international trade influences. The recent data indicates a steady increase in the import volume of snacks, aligning with the growing consumer demand driven by a young demographic and urbanization. Analyzing the CSV data, the trade volume of snacks has shown an upward trajectory over recent quarters. This growth is attributed to a rising preference for packaged and ready-to-eat food products among Iraqi consumers, who are increasingly seeking convenience options. As for pricing trends, there has been a moderate rise in the average import prices of snacks, affected by global supply chain disruptions and fluctuating exchange rates. The price trends reveal that while the cost of imported snacks has increased, it remains competitive compared to local substitutes, which could encourage continued reliance on imports to meet consumer demand. Furthermore, the resilience of the Iraqi dinar has somewhat cushioned the impact of global price hikes, maintaining affordability for the end consumers. Aritral.
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