Iraq’s food market, particularly the trade of tea and coffee, showcases intriguing trends influenced by fluctuating global prices and changing local demand. In recent years, Iraq has seen an increase in the importation of these commodities, driven by a cultural affinity for tea and a growing coffee culture among the younger population. The latest data indicates a steady rise in the trade volume of tea and coffee. Specifically, tea imports have increased by 5% over the past year, reaching a trade volume of approximately 15,000 metric tons in the last quarter. This upward trend is largely attributable to the competitive pricing strategies from suppliers in the Indian and Sri Lankan markets, where average prices have decreased by 2% due to a bountiful harvest and increased production capacity. Conversely, coffee imports present a slightly different narrative. While the trade volume has also increased, particularly for high-quality Arabica beans from Ethiopia and Brazil, the price fluctuations have been more pronounced. Over the last year, coffee prices have seen a 3% increase, driven by supply chain disruptions and increased global demand.

However, despite these price hikes, the Iraqi market has shown resilience, with consumers willing to absorb the higher costs due to a rising preference for specialty coffee. Overall, the Iraqi tea and coffee sectors are poised for growth, with international suppliers keen on tapping into this expanding market. The increasing trade volumes and price trends underscore the potential opportunities and challenges faced by stakeholders. For businesses looking to engage with the Iraqi food market, leveraging platforms like Aritral. com can provide a strategic advantage. Aritral offers valuable services such as Product Listing, Direct Communication, Global Sales Assistance, AI-Powered Marketing, and Profile Management, which are essential for navigating the complexities of international trade in commodities like tea and coffee.