Qatar: Power Tool Market Overview 2020

Power Tool Market Size in Qatar

In 2019, the Qatari power tool market was finally on the rise to reach $X for the first time since 2016, thus ending a two-year declining trend. Over the period under review, consumption posted a perceptible expansion. The growth pace was the most rapid in 2012 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2019, consumption remained at a lower figure.

Power Tool Exports

Exports from Qatar

In 2019, exports of power tools from Qatar amounted to X units, with an increase of X% against 2018 figures. In general, exports enjoyed pronounced growth. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X units in 2017; however, from 2018 to 2019, exports remained at a lower figure.

In value terms, power tool exports skyrocketed to $X in 2019. Overall, exports posted buoyant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. Exports peaked in 2019 and are likely to see gradual growth in years to come.

Exports by Country

South Africa (X units) was the main destination for power tool exports from Qatar, with a X% share of total exports. Moreover, power tool exports to South Africa exceeded the volume sent to the second major destination, Austria (X units), threefold. Slovenia (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to South Africa totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Slovenia (+X% per year).

In value terms, South Africa ($X) remains the key foreign market for power tool exports from Qatar, comprising X% of total exports. The second position in the ranking was occupied by Austria ($X), with a X% share of total exports. It was followed by Slovenia, with a X% share.

From 2007 to 2018, the average annual growth rate of value to South Africa totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Slovenia (+X% per year).

Export Prices by Country

The average power tool export price stood at $X per unit in 2018, increasing by X% against the previous year. Over the period under review, the export price posted a strong expansion. The pace of growth was the most pronounced in 2013 an increase of X% year-to-year. The export price peaked in 2018 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was South Africa ($X per unit), while the average price for exports to Maldives ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Power Tool Imports

Imports into Qatar

After two years of decline, supplies from abroad of power tools increased by X% to X units in 2019. In general, imports saw a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Imports peaked at X units in 2016; however, from 2017 to 2019, imports remained at a lower figure.

In value terms, power tool imports expanded remarkably to $X in 2019. Over the period under review, imports showed noticeable growth. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X units) constituted the largest power tool supplier to Qatar, with a X% share of total imports. Moreover, power tool imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X units), fivefold. Japan (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and Japan (+X% per year).

In value terms, China ($X) constituted the largest supplier of power tool to Qatar, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Japan (+X% per year).

Import Prices by Country

The average power tool import price stood at $X per unit in 2018, leveling off at the previous year. In general, the import price recorded a mild contraction. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Switzerland ($X per unit), while the price for Oman ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for power tools in the world?

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The countries with the highest volumes of power tool consumption in 2019 were China (122M units), the U.S. (81M units) and Japan (20M units), together comprising 52% of global consumption. These countries were followed by Germany, Russia, France, India, Belgium, Brazil, Poland, Australia and Mexico, which together accounted for a further 24%.

What are the largest producers of power tools in the world?

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The country with the largest volume of power tool production was China (234M units), comprising approx. 76% of total volume. Moreover, power tool production in China exceeded the figures recorded by the second-largest producer, Japan (18M units), more than tenfold. The third position in this ranking was occupied by Germany (13M units), with a 4.2% share.

What are the leading suppliers of power tools to Qatar?

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In value terms, China ($5.7M) constituted the largest supplier of power tool to Qatar, comprising 33% of total imports. The second position in the ranking was occupied by Germany ($2M), with a 12% share of total imports. It was followed by Japan, with a 9.1% share.

What are the leading importers of power tools from Qatar?

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In value terms, South Africa ($104K) remains the key foreign market for power tool exports from Qatar, comprising 52% of total exports. The second position in the ranking was occupied by Austria ($10K), with a 5.1% share of total exports. It was followed by Slovenia, with a 4.3% share.

What is the average export price for power tools in Qatar?

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In 2018, the average power tool export price amounted to $191 per unit, with an increase of 63% against the previous year.

What is the average import price for power tools in Qatar?

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In 2018, the average power tool import price amounted to $64 per unit, remaining stable against the previous year.