Price for Aluminium; Tubes and Pipes in Qatar - 2023
Contents:
- Price for Aluminium; Tubes and Pipes in Qatar (CIF) - 2022
- Price for Aluminium; Tubes and Pipes in Qatar (FOB) - 2022
- Imports of Aluminium; Tubes and Pipes in Qatar
- Exports of Aluminium; Tubes and Pipes in Qatar
Price for Aluminium; Tubes and Pipes in Qatar (CIF) - 2022
The average aluminium; tubes and pipes import price stood at $7,162 per ton in 2022, flattening at the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium; tubes and pipes import price increased by +22.9% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 67% against the previous year. Over the period under review, average import prices hit record highs at $8,286 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 the United States ($19,333 per ton), while the price for China ($4,634 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Tubes and Pipes in Qatar (FOB) - 2022
The average aluminium; tubes and pipes export price stood at $28,042 per ton in 2022, declining by -21.3% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2020 to 2022: its price increased at an average annual rate of +19.6% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium; tubes and pipes export price increased by +42.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 82% against the previous year. As a result, the export price reached the peak level of $35,654 per ton, and then fell markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($250,200 per ton), while the average price for exports to India ($42,611 per ton) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+295.2%).
Imports of Aluminium; Tubes and Pipes in Qatar
Aluminium; tubes and pipes imports into Qatar stood at 233 tons in 2022, with an increase of 13% compared with 2021. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 199%. As a result, imports reached the peak of 398 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, aluminium; tubes and pipes imports rose significantly to $1.7M in 2022. Over the period under review, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 132% against the previous year. As a result, imports attained the peak of $2.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Aluminium; Tubes and Pipes in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 231 | 389 | 1,072 | 597 | 37.2% |
| China | 81.5 | 468 | 128 | 459 | 77.9% |
| United States | 399 | 287 | 72.1 | 230 | -16.8% |
| India | N/A | N/A | N/A | 117 | 0% |
| Oman | 106 | 76.9 | N/A | 70.3 | -12.8% |
| United Kingdom | N/A | 183 | 80.4 | 47.7 | -48.9% |
| Pakistan | N/A | N/A | N/A | 30.8 | 0% |
| South Korea | N/A | 762 | N/A | N/A | 0% |
| Italy | 105 | 39.4 | 58.3 | N/A | -25.5% |
| Others | 78.1 | 114 | 66.7 | 115 | 13.8% |
| Total | 1,000 | 2,320 | 1,477 | 1,667 | 18.6% |
Top Suppliers of Aluminium; Tubes and Pipes to Qatar in 2022:
- China (99.1 tons)
- France (74.8 tons)
- India (24.3 tons)
- United States (11.9 tons)
- Oman (9.5 tons)
- Pakistan (4.2 tons)
- United Kingdom (3.4 tons)
Exports of Aluminium; Tubes and Pipes in Qatar
For the third consecutive year, Qatar recorded growth in shipments abroad of aluminium; tubes and pipeses, which increased by 162% to 6.4 tons in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, aluminium; tubes and pipes exports skyrocketed to $178K in 2022. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 158% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Aluminium; Tubes and Pipes in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | N/A | N/A | 68.9 | 0% | |
| Tunisia | N/A | N/A | 22.4 | 0% | |
| South Korea | N/A | N/A | 5.0 | 0% | |
| China | N/A | N/A | 4.6 | 0% | |
| Singapore | N/A | 27.0 | 1.5 | -94.4% | |
| India | N/A | N/A | 0.8 | 0% | |
| Oman | 33.5 | N/A | N/A | 0% | |
| Pakistan | N/A | 59.5 | N/A | 0% | |
| Others | N/A | N/A | 75.3 | 0% | |
| Total | 33.5 | 86.5 | 178 | 130.5% | |
Top Export Markets for Aluminium; Tubes and Pipes from Qatar in 2022:
- Netherlands (589.0 kg)
- Tunisia (192.0 kg)
- China (23.0 kg)
- South Korea (20.0 kg)
- India (18.0 kg)
- Singapore (12.0 kg)
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