Price for Aluminium Waste and Scrap in Qatar - 2022

Contents:

1. Price for Aluminium Waste and Scrap in Qatar (CIF) - 2022
2. Price for Aluminium Waste and Scrap in Qatar (FOB) - 2021
3. Imports of Aluminium Waste and Scrap in Qatar
4. Exports of Aluminium Waste and Scrap in Qatar

Price for Aluminium Waste and Scrap in Qatar (CIF) - 2022

In 2022, the average aluminium waste and scrap import price amounted to $10,239 per ton, picking up by 38% against the previous year. Overall, the import price continues to indicate a significant expansion. The import price peaked at $35,737 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kuwait ($21,261 per ton), while the price for Australia ($884 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+141.7%).

Price for Aluminium Waste and Scrap in Qatar (FOB) - 2021

The average aluminium waste and scrap export price stood at $1,384 per ton in July 2020, with an increase of 5.6% against the previous month. In general, the export price posted tangible growth. The most prominent rate of growth was recorded in May 2020 when the average export price increased by 29% month-to-month. The export price peaked in July 2020.

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

From January 2020 to July 2020, the rate of growth in terms of prices for India amounted to +3.2% per month.

Imports of Aluminium Waste and Scrap in Qatar

In 2022, after two years of growth, there was significant decline in supplies from abroad of aluminium waste and scraps, when their volume decreased by -38.9% to 3 tons. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 600%. As a result, imports attained the peak of 4.9 tons, and then reduced rapidly in the following year.

In value terms, aluminium waste and scrap imports shrank dramatically to $31K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2020 to 2022: its value increased at an average annual rate of +10.7% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 45%. As a result, imports reached the peak of $37K, and then declined rapidly in the following year.

Top Suppliers of Aluminium Waste and Scrap to Qatar in 2022:

1. Australia (1547.0 kg)
2. Kuwait (1323.0 kg)
3. China (141.0 kg)

Exports of Aluminium Waste and Scrap in Qatar

In 2022, the amount of aluminium waste and scraps exported from Qatar totaled 460 tons, therefore, remained relatively stable against 2021. In general, exports saw a dramatic slump. The smallest decline of -92.8% was in 2020.

In value terms, aluminium waste and scrap exports stood at $592K in 2022. Overall, exports continue to indicate a precipitous setback. The smallest decline of -89.5% was in 2020.

Top Export Markets for Aluminium Waste and Scrap from Qatar in 2022:

1. India (317.4 tons)
2. South Korea (46.5 tons)
3. Hong Kong SAR (23.8 tons)
4. China (19.6 tons)
5. Pakistan (19.3 tons)
6. Turkey (13.8 tons)
7. Austria (11.0 tons)

Source: IndexBox Market Intelligence Platform