Qatar - Crude Oil and Processed Petroleum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Crude Oil and Processed Petroleum in Qatar - 2023
Contents:
- Price for Crude Oil and Processed Petroleum in Qatar (FOB) - 2022
- Price for Crude Oil and Processed Petroleum in Qatar (CIF) - 2022
- Exports of Crude Oil and Processed Petroleum in Qatar
- Imports of Crude Oil and Processed Petroleum in Qatar
Price for Crude Oil and Processed Petroleum in Qatar (FOB) - 2022
In 2022, the average export price for crude oil and processed petroleum amounted to $717 per ton, growing by 25% against the previous year. Overall, the export price saw a significant increase. The growth pace was the most rapid in 2021 when the average export price increased by 77% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($768 per ton) and the United States ($751 per ton), while the average price for exports to Taiwan (Chinese) ($577 per ton) and South Korea ($595 per ton) were amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+62.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Crude Oil and Processed Petroleum in Qatar (CIF) - 2022
The average import price for crude oil and processed petroleum stood at $750 per ton in 2022, waning by -57.6% against the previous year. Overall, the import price saw a deep contraction. The pace of growth was the most pronounced in 2021 an increase of 81% against the previous year. The import price peaked at $2,264 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($957 per ton), while the price for Portugal ($419 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-2.4%), while the prices for the other major suppliers experienced a decline.
Exports of Crude Oil and Processed Petroleum in Qatar
In 2022, the amount of crude oil and processed petroleum exported from Qatar surged to 40M tons, growing by 17% on 2021 figures. The total export volume increased at an average annual rate of +12.6% from 2020 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, crude oil and processed petroleum exports skyrocketed to $28.9B in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 90% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Crude Oil and Processed Petroleum in Qatar (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Japan | 3.9 | 6.8 | 8.3 | 45.9% | |
| China | 2.2 | 4.5 | 5.0 | 50.8% | |
| Singapore | 1.5 | 3.2 | 2.9 | 39.0% | |
| India | 1.0 | 0.9 | 2.1 | 44.9% | |
| South Korea | 0.4 | 1.3 | 1.8 | 112.1% | |
| Thailand | 0.4 | 1.1 | 1.3 | 80.3% | |
| United States | 0.1 | N/A | 0.9 | 200.0% | |
| Taiwan (Chinese) | 0.2 | 0.4 | 0.6 | 73.2% | |
| Others | 0.7 | 1.6 | 6.2 | 197.6% | |
| Total | 10.3 | 19.7 | 28.9 | 67.5% | |
Top Export Markets for Crude Oil and Processed Petroleum from Qatar in 2022:
- Japan (11.3M tons)
- China (6.8M tons)
- Singapore (3.9M tons)
- South Korea (3.0M tons)
- India (2.7M tons)
- Thailand (2.0M tons)
- United States (1.1M tons)
- Taiwan (Chinese) (1.0M tons)
Imports of Crude Oil and Processed Petroleum in Qatar
In 2022, after two years of decline, there was significant growth in purchases abroad of crude oil and processed petroleum, when their volume increased by 9,329% to 1.7M tons. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, crude oil and processed petroleum imports soared to $1.3B in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Crude Oil and Processed Petroleum in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.9 | 0.8 | 1.0 | 346 | 268.8% |
| United Arab Emirates | N/A | N/A | 0.3 | 156 | 51900.0% |
| Singapore | 19.0 | 1.7 | 3.9 | 130 | 89.8% |
| Portugal | 0.5 | 0.2 | N/A | 43.5 | 343.1% |
| Switzerland | N/A | 0.1 | N/A | 40.4 | 1910.0% |
| China | 0.1 | 0.1 | 0.3 | 32.4 | 586.8% |
| Czech Republic | N/A | N/A | N/A | 22.5 | 0% |
| South Korea | 8.8 | 0.9 | 1.5 | 16.4 | 23.1% |
| Turkey | 20.3 | 2.2 | 1.2 | 10.2 | -20.5% |
| Oman | 134 | 14.7 | 0.9 | N/A | -91.8% |
| Others | 43.0 | 12.3 | 22.2 | 453 | 119.2% |
| Total | 233 | 33.0 | 31.3 | 1,250 | 75.1% |
Top Suppliers of Crude Oil and Processed Petroleum to Qatar in 2022:
- India (605.2K tons)
- Singapore (181.2K tons)
- United Arab Emirates (162.5K tons)
- Portugal (103.6K tons)
- Switzerland (50.8K tons)
- China (48.5K tons)
- Czech Republic (30.0K tons)
- South Korea (20.3K tons)
- Turkey (8.1K tons)
This report provides an in-depth analysis of the market for crude oil and processed petroleum 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:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for crude oil and processed petroleum in Qatar.
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This report provides an in-depth analysis of the crude oil market in Qatar.
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This report provides an in-depth analysis of the global market for crude oil and processed petroleum.
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This report provides an in-depth analysis of the global crude oil market.
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This report provides an in-depth analysis of the market for crude oil and processed petroleum in Qatar.
536
This report provides an in-depth analysis of the crude oil market in Qatar.
145
This report provides an in-depth analysis of the global market for crude oil and processed petroleum.
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This report provides an in-depth analysis of the global crude oil market.
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Explore the top import markets for crude oil and examine key statistics related to their import value. China, the United States, and India lead the pack.
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Explore the top import markets for crude oil and examine key statistics related to their import value. China, the United States, and India lead the pack.
