| Product Code: ETC388245 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Tuna is a significant seafood product in Iraq, consumed fresh, canned, or processed. The tuna market encompasses fishing, processing, and distribution activities to meet consumer demand for this popular protein source.
The tuna market in Iraq is driven by factors such as growing seafood consumption, increasing demand for protein-rich foods, and favorable fishing conditions in the region. Tuna is a popular seafood choice among consumers for its taste, nutritional value, and versatility in culinary preparations, driving its production, import, and trade in the country`s fishing and seafood industries.
Challenges in the tuna market include overfishing and environmental concerns about marine ecosystem sustainability. Inconsistent fishing regulations and market demand also influence market dynamics, affecting the profitability of tuna fishing and trading activities.
The government has implemented regulations to ensure the sustainability of tuna fishing and processing in Iraqi waters. This includes quotas for tuna catch limits and regulations for fishing practices to prevent overfishing.
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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