Price for Machinery; Parts of the Machinery of Heading No. 8425 in Qatar - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Qatar (CIF) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Qatar
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Qatar (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $97,838 per ton, rising by 47% against the previous year. Overall, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 75% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.
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 Singapore ($1,650,809 per ton), while the price for Poland ($8,244 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+44.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Qatar
In 2022, imports of machinery; parts of the machinery of heading no. 8425 into Qatar dropped dramatically to 580 tons, reducing by -44% compared with 2021. Overall, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of 1K tons, and then shrank remarkably in the following year.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 dropped markedly to $57M in 2022. Over the period under review, imports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 53%.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 51.7 | 26.4 | 31.9 | 30.5 | -16.1% |
| Germany | 2.3 | 1.5 | 2.3 | 2.6 | 4.2% |
| United Kingdom | 3.8 | 4.6 | 2.8 | 1.4 | -28.3% |
| China | 0.6 | 0.9 | 1.4 | 1.4 | 32.6% |
| Japan | 2.3 | 1.1 | 1.2 | 1.1 | -21.8% |
| Italy | 0.6 | 0.4 | 0.7 | 0.6 | 0.0% |
| India | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Netherlands | 0.8 | 0.3 | 0.5 | 0.2 | -37.0% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| South Korea | 0.1 | 0.8 | 0.5 | 0.2 | 26.0% |
| Poland | N/A | N/A | N/A | 0.1 | 0% |
| Spain | 0.6 | 0.2 | 0.1 | 0.1 | -45.0% |
| Finland | 0.1 | 0.9 | 0.4 | N/A | 100.0% |
| Others | 8.6 | 7.8 | 26.4 | 18.0 | 27.9% |
| Total | 71.7 | 45.0 | 68.9 | 56.7 | -7.5% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Qatar in 2022:
- China (162.8 tons)
- United States (155.3 tons)
- Germany (46.9 tons)
- United Kingdom (34.0 tons)
- Italy (31.6 tons)
- South Korea (24.9 tons)
- India (20.8 tons)
- Japan (18.7 tons)
- Poland (13.7 tons)
- Netherlands (12.0 tons)
- Taiwan (Chinese) (10.3 tons)
- Spain (7.3 tons)
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