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2.9 MIDDLE EAST: Iraq
2018/01/22
Iraq’s air conditioner market was recovering in 2017 and reached a market scale of 341,000 units. RACs dominate the market and increased by 8.2% year on year.
 
Due to sanctions on Iran several years ago, foreign companies have found it very difficult to export products to Iran. A large number of air conditioners have been re-exported to Iran from the borders of Iraq, Turkey, and Jordan. It follows that a large number of air conditioners exported from China to Iraq are re-exported to Iran.
 
Midea has a strong presence in Iraq. Gree launched two brands, Gree and Tosot, which together take a large market share.
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