Qatar - Liquefied Petroleum Gas (LPG) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Liquefied Petroleum Gas (LPG) in Qatar - 2023
Contents:
- Price for Liquefied Petroleum Gas (LPG) in Qatar (FOB) - 2022
- Price for Liquefied Petroleum Gas (LPG) in Qatar (CIF) - 2023
- Exports of Liquefied Petroleum Gas (LPG) in Qatar
- Imports of Liquefied Petroleum Gas (LPG) in Qatar
Price for Liquefied Petroleum Gas (LPG) in Qatar (FOB) - 2022
In December 2022, the average liquefied petroleum gas (LPG) export price amounted to $814 per ton, remaining constant against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +1.0%. The pace of growth was the most pronounced in March 2022 when the average export price increased by 17% month-to-month. The export price peaked at $1,063 per ton in August 2022; however, from September 2022 to December 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2022, the country with the highest price was Belgium ($1,755 per ton), while the average price for exports to Taiwan (Chinese) ($462 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Liquefied Petroleum Gas (LPG) in Qatar (CIF) - 2023
In July 2023, the average liquefied petroleum gas (LPG) import price amounted to $2,628 per ton, falling by -48.8% against the previous month. In general, the import price recorded a abrupt curtailment. The growth pace was the most rapid in April 2023 when the average import price increased by 5,693% against the previous month. As a result, import price attained the peak level of $54,900 per ton. From May 2023 to July 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From July 2022 to July 2023, the rate of growth in terms of prices for the United States amounted to +46.6% per month.
Exports of Liquefied Petroleum Gas (LPG) in Qatar
In 2022, the amount of liquefied petroleum gas (LPG) exported from Qatar fell rapidly to 54M tons, waning by -50% against the previous year. Overall, exports recorded a sharp decline.
In value terms, liquefied petroleum gas (LPG) exports declined markedly to $26.7B in 2022. Over the period under review, exports showed a sharp decline.
| Export of Liquefied Petroleum Gas (LPG) in Qatar (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| China | 7.8 | 13.6 | 74.4% | ||
| India | 8.9 | 12.2 | 37.1% | ||
| Japan | 4.8 | 0.7 | -85.4% | ||
| Thailand | 1.3 | N/A | 0% | ||
| Kuwait | 1.5 | N/A | 0% | ||
| South Korea | 9.6 | N/A | 0% | ||
| United Kingdom | 2.8 | N/A | 0% | ||
| United Arab Emirates | 2.3 | N/A | 0% | ||
| Singapore | 1.6 | N/A | 0% | ||
| Taiwan (Chinese) | 1.6 | N/A | 0% | ||
| Bangladesh | 1.2 | N/A | 0% | ||
| Italy | 2.3 | N/A | 0% | ||
| Pakistan | 2.4 | N/A | 0% | ||
| Others | 5.4 | 0.3 | -94.4% | ||
| Total | 53.4 | 26.7 | -50.0% | ||
Top Export Markets for Liquefied Petroleum Gas (LPG) from Qatar in 2022:
- Singapore (undefinedM tons)
- China (27.3M tons)
- India (24.7M tons)
- Japan (1.3M tons)
Imports of Liquefied Petroleum Gas (LPG) in Qatar
In 2022, supplies from abroad of liquefied petroleum gas (LPG) decreased by -35.2% to 178 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 147%. As a result, imports reached the peak of 306 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, liquefied petroleum gas (LPG) imports declined remarkably to $297K in 2022. In general, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 125% against the previous year. As a result, imports attained the peak of $536K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Liquefied Petroleum Gas (LPG) in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 74.7 | 143 | 83.3 | 109 | 13.4% |
| South Korea | 68.8 | 124 | 57.9 | 72.7 | 1.9% |
| China | N/A | N/A | 2.4 | 41.2 | 1616.7% |
| Netherlands | N/A | N/A | N/A | 31.7 | 0% |
| United States | 54.8 | 22.5 | N/A | 21.6 | -26.7% |
| Germany | 39.5 | 20.0 | 63.0 | 20.9 | -19.1% |
| Others | N/A | 227 | 181 | N/A | -20.3% |
| Total | 238 | 536 | 387 | 297 | 7.7% |
Top Suppliers of Liquefied Petroleum Gas (LPG) to Qatar in 2022:
- Oman (90.7 tons)
- South Korea (45.1 tons)
- Germany (19.1 tons)
- Netherlands (9.3 tons)
- United States (8.4 tons)
- China (5.2 tons)
This report provides an in-depth analysis of the market for liquefied petroleum gas (lpg) 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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