Price for Iron or Steel; Cast Articles in Qatar - 2023
Contents:
- Price for Iron or Steel; Cast Articles in Qatar (CIF) - 2022
- Price for Iron or Steel; Cast Articles in Qatar (FOB) - 2022
- Imports of Iron or Steel; Cast Articles in Qatar
- Exports of Iron or Steel; Cast Articles in Qatar
Price for Iron or Steel; Cast Articles in Qatar (CIF) - 2022
The average import price for iron or steel; cast articleses stood at $2,278 per ton in 2022, picking up by 33% against the previous year. In general, the import price recorded a buoyant increase. The pace of growth appeared the most rapid in 2013 an increase of 347% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.
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 Brazil ($18,303 per ton), while the price for India ($1,822 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+94.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel; Cast Articles in Qatar (FOB) - 2022
The average export price for iron or steel; cast articleses stood at $1,925 per ton in 2022, leveling off at the previous year. Over the period under review, the export price showed resilient growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 20,628%. As a result, the export price attained the peak level of $7,372 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($2,585 per ton), while the average price for exports to India amounted to $1,019 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+110.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Steel; Cast Articles in Qatar
Iron or steel; cast articles imports into Qatar declined notably to 4.7K tons in 2022, with a decrease of -19.9% against the year before. Over the period under review, imports recorded a abrupt slump. The smallest decline of -4% was in 2021.
In value terms, iron or steel; cast articles imports stood at $11M in 2022. In general, imports showed a perceptible slump.
| Import of Iron or Steel; Cast Articles in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.0 | 3.7 | 5.0 | 5.4 | -3.5% |
| United Kingdom | 0.6 | N/A | 0.2 | 1.3 | 29.4% |
| Turkey | 2.4 | 1.7 | 1.7 | 0.9 | -27.9% |
| China | 0.8 | 2.8 | 1.2 | 0.9 | 4.0% |
| Germany | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| France | 0.4 | 0.6 | 0.7 | 0.2 | -20.6% |
| Bosnia and Herzegovina | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Others | 1.3 | 1.5 | 1.0 | 1.6 | 7.2% |
| Total | 11.9 | 10.6 | 10.0 | 10.7 | -3.5% |
Top Suppliers of Iron or Steel; Cast Articles to Qatar in 2022:
- India (2951.4 tons)
- United Kingdom (671.8 tons)
- Turkey (435.0 tons)
- China (265.7 tons)
- Germany (80.9 tons)
- Bosnia and Herzegovina (76.8 tons)
- France (15.0 tons)
Exports of Iron or Steel; Cast Articles in Qatar
In 2022, overseas shipments of iron or steel; cast articleses decreased by 0% to 54 tons, falling for the second year in a row after two years of growth. In general, exports enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 3.3%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, iron or steel; cast articles exports stood at $105K in 2022. Overall, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 119%. As a result, the exports reached the peak of $144K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Iron or Steel; Cast Articles in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | N/A | 81.3 | 0% |
| India | 50.4 | 51.4 | N/A | 23.4 | -22.6% |
| Lebanon | N/A | 26.4 | N/A | N/A | 0% |
| Others | 15.2 | 65.8 | N/A | N/A | 332.9% |
| Total | 65.6 | 144 | N/A | 105 | 17.0% |
Top Export Markets for Iron or Steel; Cast Articles from Qatar in 2022:
- Saudi Arabia (31.5 tons)
- India (22.9 tons)
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