Price for Zinc; Bars, Rods, Profiles and Wire in Qatar - 2023

Contents:

  1. Price for Zinc; Bars, Rods, Profiles and Wire in Qatar (CIF) - 2022
  2. Imports of Zinc; Bars, Rods, Profiles and Wire in Qatar

Price for Zinc; Bars, Rods, Profiles and Wire in Qatar (CIF) - 2022

The average import price for zinc; bars, rods, profiles and wires stood at $8,448 per ton in 2022, increasing by 103% against the previous year. Overall, the import price posted significant growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 542% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +28.7% per year.

Imports of Zinc; Bars, Rods, Profiles and Wire in Qatar

In 2022, after three years of growth, there was significant decline in overseas purchases of zinc; bars, rods, profiles and wires, when their volume decreased by -53.2% to 28 tons. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 1,080% against the previous year. As a result, imports attained the peak of 59 tons, and then dropped sharply in the following year.

In value terms, imports of zinc; bars, rods, profiles and wires dropped to $233K in 2022. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,535%. As a result, imports reached the peak of $246K, and then contracted in the following year.

Import of Zinc; Bars, Rods, Profiles and Wire in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/A106233119.8%
ChinaN/AN/A27.3N/A0%
United States25.5N/A95.9N/A93.9%
IndiaN/A15.016.7N/A11.3%
OthersN/AN/AN/AN/A0%
Total25.515.0246233109.1%

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Qatar in 2022:

  1. Turkey (27.6 tons)

Source: IndexBox Market Intelligence Platform

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