Price for Chain and Parts Thereof, of Iron or Steel in Qatar - 2023

Contents:

1. Price for Chain and Parts Thereof, of Iron or Steel in Qatar (FOB) - 2022
2. Price for Chain and Parts Thereof, of Iron or Steel in Qatar (CIF) - 2022
3. Exports of Chain and Parts Thereof, of Iron or Steel in Qatar
4. Imports of Chain and Parts Thereof, of Iron or Steel in Qatar

Price for Chain and Parts Thereof, of Iron or Steel in Qatar (FOB) - 2022

In 2022, the average export price for chain and parts thereof, of iron or steel amounted to $91,431 per ton, surging by 510% against the previous year. In general, the export price showed a significant increase. The pace of growth appeared the most rapid in 2013 an increase of 1,900% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($118,418 per ton), while the average price for exports to Saudi Arabia stood at $6,368 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+124.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Chain and Parts Thereof, of Iron or Steel in Qatar (CIF) - 2022

The average import price for chain and parts thereof, of iron or steel stood at $5,422 per ton in 2022, falling by -3.6% against the previous year. Over the period under review, the import price, however, enjoyed pronounced growth. The pace of growth was the most pronounced in 2018 an increase of 241% against the previous year. As a result, import price attained the peak level of $18,021 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($25,550 per ton), while the price for Sweden ($1,178 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+50.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Chain and Parts Thereof, of Iron or Steel in Qatar

In 2022, the amount of chain and parts thereof, of iron or steel exported from Qatar soared to 47 tons, increasing by 168% compared with 2021. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 173%. As a result, the exports reached the peak of 64 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of chain and parts thereof, of iron or steel surged to $4.3M in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Chain and Parts Thereof, of Iron or Steel from Qatar in 2022:

1. United Kingdom (35.2 tons)
2. Saudi Arabia (11.1 tons)

Imports of Chain and Parts Thereof, of Iron or Steel in Qatar

In 2022, the amount of chain and parts thereof, of iron or steel imported into Qatar skyrocketed to 581 tons, with an increase of 61% against the year before. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of chain and parts thereof, of iron or steel skyrocketed to $3.2M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Chain and Parts Thereof, of Iron or Steel to Qatar in 2022:

1. China (429.1 tons)
2. India (23.9 tons)
3. Japan (23.2 tons)
4. Sweden (16.0 tons)
5. Netherlands (14.6 tons)
6. South Korea (13.7 tons)
7. France (12.9 tons)
8. Belgium (12.3 tons)
9. Spain (12.1 tons)
10. Germany (8.2 tons)

Source: IndexBox Market Intelligence Platform