Price for Safety Pins and Other Pins; of Iron or Steel in Qatar - 2022

Contents:

1. Price for Safety Pins and Other Pins; of Iron or Steel in Qatar (CIF) - 2022
2. Imports of Safety Pins and Other Pins; of Iron or Steel in Qatar

Price for Safety Pins and Other Pins; of Iron or Steel in Qatar (CIF) - 2022

In 2022, the average import price for safety pins and other pins; of iron or steels amounted to $14,319 per ton, jumping by 256% against the previous year. Overall, the import price posted a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +15.4% per year.

Imports of Safety Pins and Other Pins; of Iron or Steel in Qatar

In 2022, imports of safety pins and other pins; of iron or steels into Qatar fell remarkably to 3.1 tons, shrinking by -89.3% compared with the previous year. Over the period under review, imports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 80% against the previous year. As a result, imports reached the peak of 29 tons, and then reduced notably in the following year.

In value terms, imports of safety pins and other pins; of iron or steels contracted markedly to $44K in 2022. Overall, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2020 when imports increased by 52%. As a result, imports attained the peak of $132K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Qatar in 2022:

1. China (3.1 tons)

Source: IndexBox Market Intelligence Platform