Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Qatar - 2023

Contents:

  1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Qatar (CIF) - 2023
  2. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Qatar (FOB) - 2022
  3. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Qatar
  4. Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Qatar

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Qatar (CIF) - 2023

The average import price for alloy steel flat-rolled products, of a width 600mm or mores stood at $5,201 per ton in December 2023, surging by 218% against the previous month. In general, the import price recorded a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($5,431 per ton), while the price for China stood at $681 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by South Korea (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Qatar (FOB) - 2022

The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $638 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 a decrease of 99.9%. The export price peaked in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2016 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +2.6% per year.

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Qatar

For the third consecutive year, Qatar recorded decline in supplies from abroad of alloy steel flat-rolled products, of a width 600mm or mores, which decreased by -5.8% to 8K tons in 2022. Overall, imports faced a sharp reduction. The smallest decline of -3.4% was in 2020.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores surged to $11M in 2022. Over the period under review, imports continue to indicate a deep reduction.

Import of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.69.95.36.8-16.3%
India0.50.31.71.750.4%
Sweden0.10.1N/A0.681.7%
Turkey0.10.10.10.226.0%
Others0.91.50.51.723.6%
Total13.212.07.710.8-6.5%

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Qatar in 2022:

  1. China (5.8K tons)
  2. India (1.4K tons)
  3. Sweden (0.2K tons)
  4. Turkey (0.1K tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Qatar

After two years of decline, overseas shipments of alloy steel flat-rolled products, of a width 600mm or mores decreased by 0% to 112 tons in 2022. In general, exports faced a dramatic decline. The smallest decline of 99.9% was in 2020.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores stood at $72K in 2022. Overall, exports recorded a sharp curtailment. The smallest decline of 99.9% was in 2020.

Export of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/AN/AN/A71.60%
India100N/AN/AN/A0%
Kuwait46.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total147N/AN/A71.6-21.3%

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Qatar in 2022:

  1. Saudi Arabia (112.3 tons)

Source: IndexBox Market Intelligence Platform

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