Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Qatar - 2023

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Qatar (CIF) - 2023

The average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $20,938 per ton in October 2023, approximately mirroring the previous month. Overall, the import price recorded a strong increase. The most prominent rate of growth was recorded in May 2023 an increase of 4.1% month-to-month. Over the period under review, average import prices hit record highs in October 2023.

As there is only one major supplying country, the average price level is determined by prices for China.

From April 2023 to October 2023, the rate of growth in terms of prices for China amounted to +16.2% per month.

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Qatar

In 2022, the amount of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses imported into Qatar skyrocketed to 109 tons, jumping by 355% on the previous year's figure. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 1,769%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses soared to $629K in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 495%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.