Plugs and Socket Price in Qatar - 2023
Contents:
Plugs and Socket Price in Qatar (CIF) - 2022
In 2022, the average plugs and socket import price amounted to $3.9 per unit, picking up by 16% against the previous year. Over the period under review, the import price recorded a significant expansion. The pace of growth was the most pronounced in 2014 an increase of 107%. The import price peaked at $4.9 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($23 per unit), while the price for India ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+38.1%), while the prices for the other major suppliers experienced a decline.
Plugs and Socket Imports in Qatar
In 2022, approx. 2.4M units of electrical plugs and sockets for under 1000 v were imported into Qatar; rising by 7.8% against the previous year's figure. Over the period under review, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 37%. Over the period under review, imports hit record highs at 3.3M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, plugs and socket imports skyrocketed to $9.4M in 2022. Overall, imports, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year. Imports peaked at $11M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Plugs and Socket in Qatar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4,655 | 1,418 | 2,189 | 2,610 | -17.5% |
United Kingdom | 1,314 | 744 | 696 | 1,457 | 3.5% |
Germany | 676 | 580 | 404 | 1,043 | 15.6% |
Italy | 354 | 410 | 462 | 1,013 | 42.0% |
United States | 1,256 | 697 | 773 | 695 | -17.9% |
Austria | 335 | 142 | 212 | 522 | 15.9% |
Spain | 545 | 306 | 484 | 337 | -14.8% |
Romania | 140 | 88.2 | 392 | 328 | 32.8% |
Vietnam | 14.8 | 166 | 416 | 322 | 179.2% |
India | 143 | 83.9 | 213 | 80.2 | -17.5% |
Others | 1,918 | 1,109 | 1,328 | 1,025 | -18.8% |
Total | 11,350 | 5,746 | 7,570 | 9,433 | -6.0% |
Top Suppliers of Plugs and Socket to Qatar in 2022:
- China (1327.8K units)
- Austria (180.6K units)
- United Kingdom (105.0K units)
- Italy (85.9K units)
- Romania (62.7K units)
- India (61.5K units)
- United States (52.8K units)
- Vietnam (50.8K units)
- Germany (46.0K units)
- Spain (22.7K units)
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