Qatar - Road Wheels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRoad Wheel Price in Qatar - 2023
Contents:
Road Wheel Price in Qatar (CIF) - 2023
In August 2023, the average road wheel import price amounted to $8,580 per ton, falling by -21% against the previous month. In general, the import price showed a pronounced slump. The growth pace was the most rapid in April 2023 an increase of 207% against the previous month. As a result, import price attained the peak level of $19,791 per ton. From May 2023 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Japan ($27,777 per ton), while the price for Thailand ($3,680 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Japan (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Road Wheel Imports in Qatar
In 2022, road wheel imports into Qatar contracted modestly to 810 tons, leveling off at 2021. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of 818 tons, and then shrank modestly in the following year.
In value terms, road wheel imports expanded markedly to $7.3M in 2022. The total import value increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Road Wheel in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,212 | 1,709 | 2,088 | 2,545 | 28.1% |
| Spain | 424 | 323 | 873 | 1,268 | 44.1% |
| Japan | 586 | 803 | 1,047 | 779 | 10.0% |
| United States | 737 | 604 | 573 | 667 | -3.3% |
| Germany | 1,158 | 665 | 818 | 497 | -24.6% |
| Italy | 412 | 409 | 458 | 449 | 2.9% |
| Taiwan (Chinese) | 384 | 311 | 255 | 367 | -1.5% |
| Turkey | 106 | 36.4 | 40.4 | 123 | 5.1% |
| Others | 650 | 182 | 340 | 560 | -4.8% |
| Total | 5,670 | 5,043 | 6,493 | 7,254 | 8.6% |
Top Suppliers of Road Wheel to Qatar in 2022:
- China (564.0 tons)
- Spain (111.8 tons)
- Japan (34.0 tons)
- Turkey (25.2 tons)
- United States (21.4 tons)
- Taiwan (Chinese) (15.7 tons)
- Italy (13.8 tons)
- Germany (12.5 tons)
This report provides an in-depth analysis of the road wheel market in Qatar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29323040 - Road wheels and parts and accessories thereof
Country coverage:
- Qatar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Qatar
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Imports of Road Wheels experienced its most rapid growth in May 2023, with a staggering 176% increase compared to the previous month. In terms of value, the imports surged to $788K in October 2023.
46
Imports of Bumper reached a peak of 2.3K tons in 2016, but remained lower from 2017 to 2023. In terms of value, imports significantly decreased to $9.5M in 2023.
283
In March 2023, the bumper price amounted to $18,796 per ton (CIF, Qatar), with an increase of 32% against the previous month.
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In February 2023, the price of suspension systems fell to $9,437 per ton (CIF, Qatar), a decrease of 22.9% compared to the previous month.
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