Qatar: Chrome Ore Market Overview 2020

Chrome Ore Market Size in Qatar

The revenue of the chrome ore market in Qatar amounted to $X in 2017, picking up by X% against the previous year. Overall, chrome ore consumption continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. Qatar chrome ore consumption peaked in 2017, and is likely to continue its growth in the immediate term.

Chrome Ore Production in Qatar

In 2017, the amount of chromium ores and concentrates produced in Qatar amounted to X tonnes, growing by X% against the previous year. In general, the total output indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the chrome ore production increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2008, when the output figure increased by X% against the previous year. Qatar chrome ore production peaked in 2017, and is likely to see steady growth in the near future.

Chrome Ore Exports from Qatar

In 2017, exports of chromium ores and concentrates from Qatar totaled X tonnes, declining by -X% against the previous year. In general, chrome ore exports continue to indicate a drastic decrease. Over the period under review, the chrome ore exports reached its peak figure volume of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, chrome ore exports stood at $X in 2017. Overall, chrome ore exports continue to indicate a precipitous drop. Qatar exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Chrome Ore Exports by Country from Qatar

South Africa dominates chrome ore exports structure, resulting at X tonnes, which was approx. X% of total exports in 2017. Turkey (X tonnes) took a X% share (based on tonnes) of total exports, which put it in second place, followed by Kazakhstan (X%). Pakistan (X tonnes), Australia (X tonnes), Albania (X tonnes) and Iran (X tonnes) followed a long way behind the leaders.

South Africa was also the fastest growing in terms of the chromium ores and concentrates exports, with a CAGR of +X% from 2007 to 2017. At the same time, Albania (+X%), Australia (+X%), Iran (+X%) and Pakistan (+X%) displayed positive paces of growth. Turkey and Kazakhstan experienced a relatively flat trend pattern. While the share of South Africa (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest chrome ore supplier from Qatar, making up X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by Kazakhstan, with a X% share.

In South Africa, chrome ore exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and Kazakhstan (-X% per year).

Chrome Ore Export Prices by Country in Qatar

In 2017, the chrome ore export price in Qatar amounted to $X per tonne, dropping by -X% against the previous year. Overall, chrome ore export price continues to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2013, when it surged by -X% against the previous year. Over the period under review, the export prices for chromium ores and concentrates reached its maximum level of $X per tonne in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Iran ($X per tonne), while South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

Chrome Ore Imports into Qatar

In 2017, chrome ore imports into Qatar stood at X tonnes, increasing by X% against the previous year. In general, chrome ore imports continue to indicate a skyrocketing expansion. The pace of growth appeared the most rapid in 2016, with an increase of X% against the previous year. Qatar imports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, chrome ore imports totaled $X in 2017. Overall, chrome ore imports continue to indicate a skyrocketing increase. Over the period under review, the chrome ore imports attained its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Chrome Ore Imports by Country into Qatar

China represented the major importer of chromium ores and concentrates in the world, with the volume of imports accounting for X tonnes, which was near X% of total imports in 2017. It was distantly followed by Mozambique (X tonnes) and Russia (X tonnes), together committing X% share of total imports. Sweden (X tonnes) held the slight share of total imports.

From 2007 to 2017, average annual rates of growth with regard to chrome ore imports into China stood at +X%. At the same time, Mozambique (+X%) and Sweden (+X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. By contrast, Russia (-X%) illustrated a downward trend over the same period. While the share of Mozambique (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported chromium ores and concentrates into Qatar, making up X% of global imports. The second position in the ranking was occupied by Mozambique ($X), with a X% share of global imports. It was followed by Russia, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Mozambique (+X% per year) and Russia (-X% per year).

Chrome Ore Import Prices by Country in Qatar

In 2017, the chrome ore import price in Qatar amounted to $X per tonne, standing approx. at the previous year. In general, chrome ore import price continues to indicate a perceptible growth. The pace of growth appeared the most rapid in 2011, when it surged by X% y-o-y. In that year, the import prices for chromium ores and concentrates attained their peak level of $X per tonne. From 2012 to 2017, growth of the import prices for chromium ores and concentrates stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Sweden ($X per tonne), while Mozambique ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Sweden (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform