Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Qatar - 2023
Contents:
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Qatar (CIF) - 2022
- Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Qatar
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Qatar (CIF) - 2022
The average import price for articles of precious metal or of metal clad with precious metal stood at $26,241 per ton in 2022, declining by -23.9% against the previous year. Overall, the import price recorded a deep setback. The pace of growth appeared the most rapid in 2013 when the average import price increased by 773%. Over the period under review, average import prices hit record highs at $896,846 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($139,250 per ton), while the price for Singapore ($12,174 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-4.8%), while the prices for the other major suppliers experienced a decline.
Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Qatar
In 2022, imports of articles of precious metal or of metal clad with precious metal into Qatar skyrocketed to 5.5 tons, rising by 119% against the previous year. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 419% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of articles of precious metal or of metal clad with precious metal soared to $144K in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 72% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | 15.9 | 18.0 | 46.2 | 70.5% |
| United States | 17.1 | 60.2 | 43.3 | 40.4 | 33.2% |
| Italy | N/A | 1.8 | N/A | 21.2 | 243.2% |
| United Kingdom | N/A | 3.9 | 6.6 | 15.4 | 98.7% |
| Hong Kong SAR | N/A | 3.0 | 2.6 | 2.3 | -12.4% |
| Singapore | N/A | 0.4 | 0.4 | 1.9 | 117.9% |
| Germany | 51.7 | 8.8 | 5.0 | 0.6 | -77.4% |
| India | N/A | 6.6 | 2.4 | 0.1 | -87.7% |
| Others | N/A | 17.5 | 8.0 | 15.6 | -5.6% |
| Total | 68.8 | 118 | 86.3 | 144 | 27.9% |
Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Qatar in 2022:
- Switzerland (2723.0 kg)
- United States (1041.0 kg)
- Italy (737.0 kg)
- United Kingdom (483.0 kg)
- Singapore (155.0 kg)
- Hong Kong SAR (151.0 kg)
- India (9.0 kg)
- Germany (4.0 kg)
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