Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Qatar - 2023

Contents:

  1. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Qatar (CIF) - 2022
  2. Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Qatar

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Qatar (CIF) - 2022

In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $5.3 per unit, shrinking by -20.2% against the previous year. In general, the import price, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2014 an increase of 137% against the previous year. The import price peaked at $6.7 per unit in 2021, and then reduced remarkably in the following year.

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 ($40 per unit), while the price for China ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-3.3%), while the prices for the other major suppliers experienced a decline.

Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Qatar

In 2022, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment into Qatar skyrocketed to 3.5M units, rising by 17% against the year before. Over the period under review, imports, however, continue to indicate a deep setback. Over the period under review, imports of reached the peak figure at 6.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment reduced to $19M in 2022. In general, imports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 21%. Imports peaked at $24M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2.92.93.74.818.3%
China3.62.22.12.0-17.8%
United Kingdom7.03.33.81.5-40.2%
United States1.81.01.01.2-12.6%
Germany2.20.50.60.7-31.7%
Italy0.70.40.40.6-5.0%
India1.30.50.60.5-27.3%
Taiwan (Chinese)0.20.1N/A0.314.5%
Costa Rica0.2N/A0.10.314.5%
Spain0.10.10.40.344.2%
SwedenN/AN/A0.20.20.0%
Others4.15.47.26.214.8%
Total24.216.520.118.7-8.2%

Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Qatar in 2022:

  1. China (1911.0K units)
  2. Turkey (453.2K units)
  3. India (393.9K units)
  4. Spain (162.7K units)
  5. United Kingdom (153.9K units)
  6. Costa Rica (122.3K units)
  7. Italy (82.0K units)
  8. Sweden (81.6K units)
  9. Taiwan (Chinese) (65.1K units)
  10. United States (54.0K units)
  11. Germany (16.3K units)

Source: IndexBox Market Intelligence Platform

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