Price for Machinery; Parts of the Machinery of Heading No. 8427 in Qatar - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Qatar (CIF) - 2023
- Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Qatar
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Qatar (CIF) - 2023
The average import price for machinery; parts of the machinery of heading no. 8427 stood at $25,786 per ton in October 2023, which is down by -29.5% against the previous month. Over the period under review, the import price, however, saw mild growth. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 391% against the previous month. Over the period under review, average import prices hit record highs at $36,591 per ton in September 2023, and then declined rapidly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($110K per ton), while the price for China ($9,608 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Sweden (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Qatar
In 2022, approx. 223 tons of machinery; parts of the machinery of heading no. 8427 were imported into Qatar; waning by -15.3% on the previous year. In general, imports faced a precipitous shrinkage. The smallest decline of -3% was in 2021.
In value terms, imports of machinery; parts of the machinery of heading no. 8427 reduced sharply to $3.5M in 2022. Over the period under review, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 3.4%.
| Import of Machinery; Parts of the Machinery of Heading No. 8427 in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,086 | 648 | 488 | 642 | -16.1% |
| United States | 990 | 457 | 631 | 504 | -20.2% |
| China | 477 | 243 | 528 | 471 | -0.4% |
| Japan | 299 | 180 | 56.3 | 446 | 14.3% |
| Sweden | 219 | 323 | 225 | 362 | 18.2% |
| Italy | 662 | 652 | 839 | 320 | -21.5% |
| South Korea | 607 | 246 | 333 | 247 | -25.9% |
| Sri Lanka | N/A | N/A | N/A | 87.2 | 0% |
| Oman | N/A | N/A | 210 | N/A | 0% |
| Others | 576 | 1,257 | 833 | 423 | -9.8% |
| Total | 4,915 | 4,005 | 4,143 | 3,500 | -10.7% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Qatar in 2022:
- China (51.3 tons)
- Sweden (47.7 tons)
- Japan (41.1 tons)
- Germany (18.7 tons)
- United States (15.7 tons)
- Sri Lanka (14.6 tons)
- Italy (13.7 tons)
- South Korea (7.7 tons)
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