Price for Machinery; Parts of Machinery of Heading No. 8422 in Qatar - 2023
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Qatar (CIF) - 2022
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Qatar
Price for Machinery; Parts of Machinery of Heading No. 8422 in Qatar (CIF) - 2022
The average import price for machinery; parts of machinery of heading no. 8422 stood at $80,673 per ton in 2022, jumping by 82% against the previous year. Overall, the import price showed resilient growth. The growth pace was the most rapid in 2017 when the average import price increased by 138% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($134,470 per ton), while the price for Turkey ($9,681 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+32.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Machinery; Parts of Machinery of Heading No. 8422 in Qatar
For the third consecutive year, Qatar recorded decline in purchases abroad of machinery; parts of machinery of heading no. 8422, which decreased by -15.8% to 72 tons in 2022. Overall, imports faced a precipitous curtailment. The smallest decline of -10.8% was in 2021.
In value terms, imports of machinery; parts of machinery of heading no. 8422 soared to $5.8M in 2022. In general, imports continue to indicate a deep downturn.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,190 | 1,432 | 1,433 | 3,544 | 17.4% |
| Germany | 1,767 | 2,845 | 659 | 906 | -20.0% |
| United Kingdom | 547 | 32.8 | 654 | 186 | -30.2% |
| China | 1,478 | 257 | 535 | 108 | -58.2% |
| Turkey | 242 | 579 | 214 | 91.9 | -27.6% |
| Canada | 18.2 | 34.3 | N/A | 73.8 | 59.5% |
| Sweden | 200 | 55.4 | N/A | 60.1 | -33.0% |
| Cyprus | 1,961 | N/A | N/A | N/A | 0% |
| India | 116 | 51.2 | 78.2 | N/A | -17.9% |
| Others | 431 | 497 | 205 | 830 | 24.4% |
| Total | 8,950 | 5,783 | 3,779 | 5,799 | -13.5% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Qatar in 2022:
- Italy (36.1 tons)
- Turkey (9.5 tons)
- China (9.2 tons)
- Germany (6.7 tons)
- United Kingdom (1.9 tons)
- Canada (1.8 tons)
- Sweden (1.4 tons)
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