Price for Machines; Parts and Accessories, of Heading No. 8472 in Qatar - 2023
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Qatar (CIF) - 2022
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in Qatar
Price for Machines; Parts and Accessories, of Heading No. 8472 in Qatar (CIF) - 2022
In 2022, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $13,276 per ton, increasing by 106% against the previous year. Overall, the import price, however, showed a mild shrinkage. Over the period under review, average import prices attained the maximum at $47,540 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($554,778 per ton), while the price for China ($5,981 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+44.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Machines; Parts and Accessories, of Heading No. 8472 in Qatar
After three years of growth, overseas purchases of machines; parts and accessories, of heading no. 8472 decreased by -58% to 317 tons in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 639%. As a result, imports reached the peak of 756 tons, and then reduced markedly in the following year.
In value terms, imports of machines; parts and accessories, of heading no. 8472 shrank to $4.2M in 2022. Overall, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 102%. As a result, imports attained the peak of $4.9M, and then reduced in the following year.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 1,842 | 0% |
| China | 429 | 457 | 934 | 1,106 | 37.1% |
| India | 801 | 496 | 60.1 | 389 | -21.4% |
| Taiwan (Chinese) | N/A | 16.0 | 50.5 | 122 | 176.1% |
| Philippines | 89.9 | 108 | 1,029 | 113 | 7.9% |
| United States | 1,007 | 556 | 499 | 72.2 | -58.5% |
| Italy | 45.2 | 167 | 31.0 | 14.8 | -31.1% |
| Others | 391 | 603 | 2,256 | 551 | 12.1% |
| Total | 2,764 | 2,403 | 4,860 | 4,210 | 15.1% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Qatar in 2022:
- China (185.0 tons)
- Canada (7.8 tons)
- India (7.4 tons)
- Taiwan (Chinese) (4.3 tons)
- United States (2.9 tons)
- Philippines (2.3 tons)
- Italy (0.1 tons)
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