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Qatar - Unvulcanized Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingQatar's Unvulcanized Rubber Imports Plunge to $5.6M in 2023
Qatar Unvulcanized Rubber Imports
In 2023, approx. 1.6K tons of unvulcanized rubber and articles thereof were imported into Qatar; dropping by -29.6% compared with the previous year's figure. Overall, imports, however, showed a slight expansion. The growth pace was the most rapid in 2014 when imports increased by 107%. Over the period under review, imports hit record highs at 4.3K tons in 2016; however, from 2017 to 2023, imports failed to regain momentum.
In value terms, unvulcanized rubber imports fell sharply to $5.6M (IndexBox estimates) in 2023. Over the period under review, imports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2014 with an increase of 92% against the previous year. As a result, imports reached the peak of $13M. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.
COUNTRY | Import Value of Unvulcanized Rubber in Qatar (million USD) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
United Kingdom | 0.7 | 1.1 | 0.7 | 0.6 | 1.0 | 0.8 | 0.6 | 0.6 | 1.1 | 0.9 | 0.8 |
Indonesia | N/A | N/A | 0.1 | 0.5 | 0.6 | 1.0 | 1.1 | 0.4 | 0.5 | 0.4 | 0.7 |
Germany | 1.1 | 1.0 | 2.2 | 4.9 | 2.6 | 1.2 | 0.7 | 1.9 | 1.3 | 1.0 | 0.6 |
India | 0.1 | 0.5 | 0.3 | 0.3 | 0.7 | 1.2 | 0.5 | 0.9 | 0.9 | 0.6 | 0.5 |
United States | 1.0 | 1.9 | 1.5 | 1.6 | 2.1 | 2.2 | 2.1 | 3.8 | 2.3 | 1.6 | 0.5 |
United Arab Emirates | 1.1 | 2.7 | 2.6 | 2.2 | 1.0 | N/A | N/A | N/A | N/A | N/A | 0.4 |
China | 0.6 | 0.5 | 0.3 | 0.4 | 0.3 | 0.4 | 0.3 | 0.3 | 0.4 | 0.4 | 0.3 |
Italy | 0.4 | 0.7 | 0.4 | 0.4 | 0.5 | 0.3 | 0.7 | 0.4 | 0.7 | 5.0 | 0.2 |
Others | 1.8 | 4.9 | 2.8 | 2.1 | 2.5 | 3.2 | 1.7 | 1.7 | 2.6 | 0.9 | 1.6 |
Total | 6.9 | 13.3 | 10.9 | 12.9 | 11.2 | 10.3 | 7.7 | 10.1 | 9.8 | 10.8 | 5.6 |
Imports by Country
Indonesia (348 tons), the UK (316 tons) and Germany (263 tons) were the main suppliers of unvulcanized rubber imports to Qatar, with a combined 56% share of total imports.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +46.6%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest unvulcanized rubber suppliers to Qatar were the UK ($807K), Indonesia ($652K) and Germany ($642K), together accounting for 38% of total imports.
In terms of the main suppliers, Indonesia, with a CAGR of +41.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
In 2023, plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber (1.7K tons) was the main type of unvulcanized rubber and articles thereof supplied to Qatar, with a 93% share of total imports. Moreover, plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber exceeded the figures recorded for the second-largest type, rubber (77 tons), more than tenfold. Compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip (56 tons) ranked third in terms of total imports with a 3.1% share.
From 2013 to 2023, the average annual rate of growth in terms of the volume of plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber imports amounted to +5.4%. With regard to the other supplied products, the following average annual rates of growth were recorded: rubber (-8.9% per year) and compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip (-13.0% per year).
In value terms, plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber ($5.1M) constituted the largest type of unvulcanized rubber and articles thereof supplied to Qatar, comprising 91% of total imports. The second position in the ranking was held by compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip ($298K), with a 5.3% share of total imports. It was followed by rubber, with a 3.6% share.
Import Prices by Country
In 2023, the unvulcanized rubber price amounted to $3,397 per ton (CIF, Qatar), shrinking by -26.6% against the previous year. Overall, the import price recorded a pronounced decline. The most prominent rate of growth was recorded in 2018 an increase of 32% against the previous year. The import price peaked at $4,803 per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($7,472 per ton), while the price for China ($1,277 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by India (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the unvulcanized rubber 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 22192013 - Rubber compounded with carbon black or silica, unvulcanised
- Prodcom 22192019 - Other compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip
- Prodcom 22192030 - Forms and articles of unvulcanised rubber (including rods, t ubes, profile shapes, discs and rings) (excluding camel-back, s trips for retreading tyres)
- Prodcom 22192050 - Vulcanised rubber thread and cord
- Prodcom 22192070 - Plates, sheets and strip of vulcanised rubber
- Prodcom 22192083 - Extruded rods and profile shapes of cellular vulcanised rubber
- Prodcom 22192085 - Plates, sheets, strips for floor covering of solid vulcanised rubber
- Prodcom 22192087 - Extruded solid rubber rods and profiles
Country coverage:
- Qatar
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023