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Qatar - Angles, Shapes And Sections Of Stainless Steel Or Other Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Mar 4, 2024

Qatar Sees Significant Reduction in Imports of Stainless Steel Angles, Dropping to $208K in October 2023

Qatar Stainless Steel Angle Imports

In October 2023, approximately 31 tons of angles, shapes and sections of stainless steel or other alloy steel were imported into Qatar; waning by -71.6% compared with the previous month's figure. Over the period under review, imports faced a sharp downturn. The pace of growth was the most pronounced in March 2023 with an increase of 221% month-to-month.

In value terms, stainless steel angle imports shrank significantly to $208K (IndexBox estimates) in October 2023. In general, imports saw a abrupt descent. The pace of growth appeared the most rapid in March 2023 with an increase of 234% against the previous month. Qatar Stainless Steel Angle Imports By Country (USD)

COUNTRY	Import Value of Stainless Steel Angle in Qatar (USD)
COUNTRY	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	Jun 2023	Jul 2023	Aug 2023	Sep 2023	Oct 2023
United Arab Emirates	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	65,584	65,547	N/A	54,795
Oman	N/A	27,813	N/A	N/A	N/A	118,086	N/A	N/A	N/A	N/A	N/A	N/A	N/A
India	55,522	N/A	N/A	N/A	N/A	26,344	N/A	30,584	25,765	15,071	19,315	15,573	N/A
China	190,105	N/A	42,314	N/A	N/A	N/A	221,187	15,939	N/A	N/A	16,845	13,945	N/A
Kuwait	146,322	96,621	20,681	N/A	43,657	85,147	41,445	59,971	40,654	20,281	19,587	78,853	N/A
Spain	N/A	228,048	76,550	331,279	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Others	N/A	N/A	N/A	N/A	25,087	N/A	24,905	36,131	1.0	23,303	N/A	153,078	152,755
Total	391,949	352,482	139,545	331,279	68,744	229,577	287,537	142,625	66,420	124,239	121,294	261,449	207,550

Imports by Country

In October 2023, the United Arab Emirates (31 tons) was the main supplier of stainless steel angle to Qatar, with a approximately 99% share of total imports.

From October 2022 to October 2023, the average monthly growth rate of volume from the United Arab Emirates totaled -9.3%.

In value terms, the United Arab Emirates ($55K) constituted the largest supplier of stainless steel angle to Qatar.

From October 2022 to October 2023, the average monthly growth rate of value from the United Arab Emirates stood at -5.8%.

Imports by Type

In October 2023, steel, alloy; angles, shapes and sections (31 tons) was the main type of stainless steel angle supplied to Qatar, accounting for a 99% share of total imports. It was followed by steel, stainless (397 kg), with a 1.3% share of total imports.

From October 2022 to October 2023, the average monthly growth rate of the volume of import of steel, alloy; angles, shapes and sections stood at -20.2%.

In value terms, steel, stainless ($153K) constituted the largest type of stainless steel angle supplied to Qatar, comprising 74% of total imports. The second position in the ranking was taken by steel, alloy; angles, shapes and sections ($55K), with a 26% share of total imports.

Import Prices by Country

In October 2023, the stainless steel angle price amounted to $6,663 per ton (CIF, Qatar), rising by 179% against the previous month. Overall, the import price enjoyed a resilient increase. As a result, import price reached 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 the United Arab Emirates.

From October 2022 to October 2023, the rate of growth in terms of prices for China amounted to +33.2% per month.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the stainless steel angle market in Qatar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24107200 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of stainless steel
Prodcom 24107300 - Open sections, not further worked than hot-rolled, hot-drawn or extruded, of other alloy steel
Prodcom 24312050 - Sections, of alloy steel other than stainless, cold-finished or cold-formed (e.g. by cold-drawing)
Prodcom 24331200 - Cold-formed sections, obtained from flat products, of stainless steel

Country coverage:

Qatar

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Qatar
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Qatar - Angles, Shapes And Sections Of Stainless Steel Or Other Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights

Qatar Sees Significant Reduction in Imports of Stainless Steel Angles, Dropping to $208K in October 2023

Qatar Stainless Steel Angle Imports

Imports by Country

Imports by Type

Import Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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