Price for Waste, Parings and Scrap, of Plastics in Qatar - 2023

Contents:

1. Price for Waste, Parings and Scrap, of Plastics in Qatar (FOB) - 2023
2. Price for Waste, Parings and Scrap, of Plastics in Qatar (CIF) - 2022
3. Exports of Waste, Parings and Scrap, of Plastics in Qatar
4. Imports of Waste, Parings and Scrap, of Plastics in Qatar

Price for Waste, Parings and Scrap, of Plastics in Qatar (FOB) - 2023

The average export price for waste, parings and scrap, of plasticses stood at $538 per ton in October 2023, picking up by 32% against the previous month. In general, export price indicated a noticeable increase from October 2022 to October 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for waste, parings and scrap, of plasticses increased by +46.2% against August 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 62% against the previous month. As a result, the export price attained the peak level of $775 per ton. From July 2023 to October 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Taiwan (Chinese) ($953 per ton), while the average price for exports to Pakistan ($284 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Waste, Parings and Scrap, of Plastics in Qatar (CIF) - 2022

In 2022, the average import price for waste, parings and scrap, of plasticses amounted to $5,404 per ton, growing by 16% against the previous year. Over the period under review, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 93% against the previous year. Over the period under review, average import prices attained the maximum 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 the United States ($34,121 per ton), while the price for China ($2,056 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Waste, Parings and Scrap, of Plastics in Qatar

In 2022, after three years of growth, there was significant decline in overseas shipments of waste, parings and scrap, of plasticses, when their volume decreased by -26.2% to 7.8K tons. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,029%.

In value terms, exports of waste, parings and scrap, of plasticses shrank markedly to $3.5M in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 504% against the previous year.

Top Export Markets for Waste, Parings and Scrap, of Plastics from Qatar in 2022:

1. Pakistan (5.4K tons)
2. India (1.6K tons)
3. Hong Kong SAR (0.6K tons)

Imports of Waste, Parings and Scrap, of Plastics in Qatar

In 2022, imports of waste, parings and scrap, of plasticses into Qatar soared to 358 tons, with an increase of 56% compared with the previous year. In general, imports continue to indicate a mild increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of waste, parings and scrap, of plasticses skyrocketed to $1.9M in 2022. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Waste, Parings and Scrap, of Plastics to Qatar in 2022:

1. China (277.7 tons)
2. United States (32.9 tons)
3. Germany (26.3 tons)
4. Italy (12.1 tons)
5. Turkey (6.7 tons)

Source: IndexBox Market Intelligence Platform