Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Qatar - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Qatar (CIF) - 2023
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Qatar
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Qatar (CIF) - 2023
In September 2023, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $4,217 per ton, approximately reflecting the previous month. Overall, the import price recorded a perceptible reduction. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 19% month-to-month. As a result, import price reached the peak level of $6,056 per ton. From May 2023 to September 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From September 2022 to September 2023, the rate of growth in terms of prices for the Netherlands amounted to -1.6% per month.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Qatar
After two years of decline, purchases abroad of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms increased by 12% to 409 tons in 2022. Overall, imports, however, showed a relatively flat trend pattern.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms surged to $2.5M in 2022. In general, imports showed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Qatar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 954 | 962 | 1,394 | 1,298 | 10.8% |
Netherlands | 309 | 69.3 | 268 | 935 | 44.6% |
China | 34.2 | N/A | N/A | 190 | 77.1% |
United Kingdom | 193 | 184 | N/A | N/A | -4.7% |
Estonia | N/A | 62.5 | N/A | N/A | 0% |
Others | N/A | N/A | 37.2 | 53.9 | 44.9% |
Total | 1,491 | 1,278 | 1,699 | 2,478 | 18.5% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Qatar in 2022:
- Spain (223.2 tons)
- Netherlands (150.2 tons)
- China (34.6 tons)
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