Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Qatar - 2023
Contents:
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Qatar (CIF) - 2022
- Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Qatar
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Qatar (CIF) - 2022
The average import price for stainless steel; flat-rolled products of width less than 600mms stood at $2,428 per ton in 2022, dropping by -46.8% against the previous year. In general, the import price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 70% against the previous year. The import price peaked at $4,559 per ton in 2021, and then contracted remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($5,028 per ton), while the price for Japan ($1,538 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+51.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Qatar
In 2022, approx. 317 tons of stainless steel; flat-rolled products of width less than 600mms were imported into Qatar; reducing by -35.6% on 2021. In general, imports, however, saw mild growth. The pace of growth appeared the most rapid in 2021 when imports increased by 877%. As a result, imports attained the peak of 492 tons, and then dropped markedly in the following year.
In value terms, imports of stainless steel; flat-rolled products of width less than 600mms shrank significantly to $768K in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 907%. As a result, imports reached the peak of $2.2M, and then shrank notably in the following year.
| Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 229 | 86.7 | 393 | 240 | 1.6% |
| Indonesia | N/A | N/A | N/A | 178 | 0% |
| Japan | N/A | N/A | N/A | 115 | 0% |
| India | 317 | 18.7 | 61.9 | 84.3 | -35.7% |
| South Korea | N/A | N/A | N/A | 79.3 | 0% |
| Belgium | N/A | N/A | 131 | 30.8 | -76.5% |
| Sweden | N/A | N/A | 1,604 | N/A | 0% |
| Others | 237 | 117 | 52.8 | 41.4 | -44.1% |
| Total | 783 | 223 | 2,243 | 768 | -0.6% |
Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Qatar in 2022:
- China (117.4 tons)
- Indonesia (75.8 tons)
- Japan (74.7 tons)
- South Korea (48.2 tons)
- India (17.2 tons)
- Belgium (6.1 tons)
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