Pharmaceutical Goods Price in Qatar - 2023

Contents:

  1. Pharmaceutical Goods Price in Qatar (CIF) - 2022
  2. Pharmaceutical Goods Price in Qatar (FOB) - 2022
  3. Pharmaceutical Goods Imports in Qatar
  4. Pharmaceutical Goods Exports in Qatar

Pharmaceutical Goods Price in Qatar (CIF) - 2022

In 2022, the average pharmaceutical goods import price amounted to $54,906 per ton, reducing by -57.7% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 75%. The import price peaked at $137,152 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($134,672 per ton), while the price for China ($8,469 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Pharmaceutical Goods Price in Qatar (FOB) - 2022

In 2022, the average pharmaceutical goods export price amounted to $19,011 per ton, rising by 67% against the previous year. In general, the export price, however, recorded a abrupt contraction. The export price peaked at $29,284 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($27,059 per ton), while the average price for exports to the UK totaled $17,094 per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Pharmaceutical Goods Imports in Qatar

In 2022, purchases abroad of pharmaceutical goodses increased by 77% to 111 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a drastic downturn.

In value terms, pharmaceutical goods imports contracted dramatically to $6.1M in 2022. Overall, imports, however, showed a precipitous slump.

Import of Pharmaceutical Goods in Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.21.41.11.3-16.1%
Ireland1.11.10.70.7-14.0%
United States6.70.50.40.6-55.3%
Mexico0.70.40.40.5-10.6%
China0.40.30.10.40.0%
Turkey0.1N/A0.10.10.0%
Italy0.80.70.10.1-50.0%
United Kingdom0.70.20.10.1-47.7%
Singapore6.06.40.5N/A-71.1%
Others4.42.24.62.2-20.6%
Total23.013.38.16.1-35.8%

Top Suppliers of Pharmaceutical Goods to Qatar in 2022:

  1. China (49.0 tons)
  2. United States (16.0 tons)
  3. Germany (9.8 tons)
  4. Ireland (9.0 tons)
  5. Italy (5.4 tons)
  6. Turkey (3.7 tons)
  7. United Kingdom (3.0 tons)
  8. Mexico (1.2 tons)

Pharmaceutical Goods Exports in Qatar

In 2022, the amount of pharmaceutical goodses exported from Qatar shrank significantly to 1 tons, with a decrease of -44.6% on the previous year's figure. Over the period under review, exports continue to indicate a precipitous setback.

In value terms, pharmaceutical goods exports declined to $19K in 2022. In general, exports continue to indicate a precipitous slump.

Export of Pharmaceutical Goods in Qatar (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United KingdomN/AN/A16.50%
GermanyN/AN/A0.50%
Norway135N/AN/A0%
Italy122N/AN/A0%
TurkeyN/A20.9N/A0%
OthersN/AN/A2.30%
Total25820.919.3-72.6%

Top Export Markets for Pharmaceutical Goods from Qatar in 2022:

  1. United Kingdom (967.0 kg)
  2. Germany (17.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Pharmaceutical goods - Qatar