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Qatar - Suspension Systems - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: May 2, 2023

Qatar's Suspension System Cost Lowest at $9,437 per Ton

Qatar Suspension System Import Price in February 2023

In February 2023, the suspension system price stood at $9,437 per ton (CIF, Qatar), waning by -22.9% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in July 2022 when the average import price increased by 61% m-o-m. As a result, import price attained the peak level of $18,181 per ton. From August 2022 to February 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Germany ($50,671 per ton), while the price for Turkey ($2,030 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Thailand (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRY	Import Price of Suspension System in Qatar (USD per ton)
COUNTRY	Feb 2022	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023
Germany	42,423	55,891	35,883	56,671	57,918	26,146	42,533	41,740	35,018	41,023	35,980	33,985	50,671
Japan	14,879	21,735	18,584	20,926	17,935	33,892	29,593	19,983	32,877	23,715	26,570	13,085	29,956
United States	25,239	41,144	25,637	21,616	17,680	22,069	23,474	27,665	24,857	38,152	31,935	19,166	26,685
Australia	N/A	N/A	N/A	N/A	31,641	N/A	14,638	15,835	24,678	12,594	N/A	N/A	9,946
South Korea	8,908	11,327	5,440	12,856	11,092	9,755	N/A	10,354	17,662	N/A	N/A	9,172	8,525
Thailand	2,255	13,585	8,666	12,544	8,251	N/A	10,928	6,438	10,856	7,135	14,363	14,629	7,494
China	5,173	5,612	4,668	4,811	5,083	7,681	5,389	3,732	7,947	6,129	7,240	3,386	6,706
Turkey	N/A	6,408	N/A	3,001	10,450	N/A	N/A	N/A	N/A	N/A	N/A	7,936	2,030
Taiwan (Chinese)	1,711	2,208	1,580	3,992	4,650	N/A	6,644	N/A	5,881	3,654	N/A	N/A	N/A
Average	10,403	13,922	9,713	14,600	11,299	18,181	15,028	10,875	16,005	15,079	16,789	12,234	9,437

Qatar Suspension System Imports

Suspension system imports into Qatar skyrocketed to 170 tons in February 2023, surging by 36% compared with January 2023. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 when imports increased by 77% month-to-month.

In value terms, suspension system imports expanded to $1.6M (IndexBox estimates) in February 2023. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2022 with an increase of 44% against the previous month. As a result, imports attained the peak of $2.4M. From April 2022 to February 2023, the growth of imports remained at a somewhat lower figure.

Qatar Suspension System Imports by Country

China (75 tons), Turkey (55 tons) and Japan (16 tons) were the main suppliers of suspension system imports to Qatar, with a combined 86% share of total imports.

From February 2022 to February 2023, the biggest increases were in Turkey (with a CAGR of +29.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest suspension system suppliers to Qatar were China ($501K), Japan ($483K) and Germany ($116K), with a combined 69% share of total imports. Turkey, the United States, Thailand, Australia and South Korea lagged somewhat behind, together comprising a further 19%.

Turkey, with a CAGR of +16.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the suspension system market in Qatar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 29323050 - Suspension systems and parts thereof (including shock absorbers)

Country coverage:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Qatar
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Qatar - Suspension Systems - Market Analysis, Forecast, Size, Trends And Insights

Qatar's Suspension System Cost Lowest at $9,437 per Ton

Qatar Suspension System Import Price in February 2023

Qatar Suspension System Imports

Qatar Suspension System Imports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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