Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Qatar - 2024
Contents:
- Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Qatar (CIF) - 2022
- Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Qatar
Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Qatar (CIF) - 2022
In 2022, the average import price for tube or pipe fittings of non-malleable cast iron amounted to $2,204 per ton, falling by -27.2% against the previous year. In general, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 22% against the previous year. Over the period under review, average import prices hit record highs at $4,670 per ton in 2012; however, from 2013 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 Germany ($8,512 per ton), while the price for China ($1,429 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Qatar
In 2022, the amount of tube or pipe fittings of non-malleable cast iron imported into Qatar skyrocketed to 9.9K tons, jumping by 56% compared with the previous year's figure. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tube or pipe fittings of non-malleable cast iron amounted to $22M in 2022. Over the period under review, imports, however, showed a deep setback.
| Import of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.7 | 2.7 | 3.2 | 9.6 | 52.6% |
| India | 10.1 | 8.9 | 8.4 | 5.7 | -17.4% |
| Thailand | 0.4 | 0.6 | 2.1 | 1.4 | 51.8% |
| France | 7.7 | 0.6 | 0.5 | 0.9 | -51.1% |
| United Kingdom | 1.3 | 1.9 | 1.6 | 0.9 | -11.5% |
| United States | 0.6 | 1.5 | 0.4 | 0.7 | 5.3% |
| Germany | 2.1 | 1.3 | 1.0 | 0.6 | -34.1% |
| Others | 7.1 | 2.1 | 1.9 | 1.9 | -35.6% |
| Total | 32.0 | 19.6 | 19.2 | 21.7 | -12.1% |
Top Suppliers of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron to Qatar in 2022:
- China (6.7K tons)
- India (2.1K tons)
- Thailand (0.6K tons)
- United States (0.1K tons)
- France (0.1K tons)
- United Kingdom (0.1K tons)
- Germany (0.1K tons)
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