Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Qatar - 2023

Contents:

  1. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Qatar (CIF) - 2023
  2. Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Qatar

Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Qatar (CIF) - 2023

In August 2023, the average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $8,796 per ton, which is down by -79.9% against the previous month. In general, the import price, however, recorded a resilient expansion. The pace of growth was the most pronounced in February 2023 when the average import price increased by 549% against the previous month. The import price peaked at $43,758 per ton in July 2023, and then shrank sharply in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($13,885 per ton), while the price for China ($7,044 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Qatar

In 2022, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia into Qatar soared to 734 tons, increasing by 24% compared with the previous year's figure. Overall, imports, however, faced a deep setback. The growth pace was the most rapid in 2021 with an increase of 201% against the previous year.

In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia soared to $5.2M in 2022. Over the period under review, imports, however, saw a precipitous decrease. The pace of growth was the most pronounced in 2021 when imports increased by 70%.

Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1421518471,955139.7%
SlovakiaN/AN/AN/A8970%
United States4082495694604.1%
India3412263064217.3%
Austria35026862.33833.0%
Japan5,85828.576.0218-66.6%
Spain1,730187238140-56.7%
Sweden36960255158.7-45.8%
Germany16122.330.521.6-48.8%
Italy30.811556.714.0-23.1%
Mexico270N/A448N/A28.8%
Romania90.7N/AN/AN/A0%
Brazil28.428.0217N/A176.4%
Others34226323061921.9%
Total10,1222,1393,6315,186-20.0%

Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Qatar in 2022:

  1. China (363.1 tons)
  2. Slovakia (256.5 tons)
  3. India (45.5 tons)
  4. Japan (24.1 tons)
  5. Spain (12.3 tons)
  6. Austria (5.7 tons)
  7. United States (5.7 tons)
  8. Germany (2.1 tons)
  9. Sweden (1.3 tons)
  10. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform

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