Qatar: Electro-Mechanical Tool Market Overview 2020

Electro-Mechanical Tool Market Size in Qatar

The revenue of the electro-mechanical tool market in Qatar amounted to $X in 2018, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, electro-mechanical tool consumption continues to indicate a prominent increase. The growth pace was the most rapid in 2008 when the market value increased by X% y-o-y. Electro-mechanical tool consumption peaked at $X in 2015; afterwards, it flattened through to 2018.

Electro-Mechanical Tool Exports

Exports from Qatar

In 2018, the amount of electro-mechanical tools exported from Qatar stood at X units, growing by X% against the previous year. Overall, electro-mechanical tool exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, electro-mechanical tool exports reached their peak figure in 2018 and are likely to continue its growth in the immediate term.

In value terms, electro-mechanical tool exports totaled $X in 2018. Over the period under review, electro-mechanical tool exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2014 when exports increased by X% y-o-y. Over the period under review, electro-mechanical tool exports reached their peak figure in 2018 and are likely to see steady growth in the near future.

Exports by Country

South Africa (X units) was the main destination for electro-mechanical tool exports from Qatar, with a X% share of total exports. Moreover, electro-mechanical tool exports to South Africa exceeded the volume sent to the second major destination, Austria (X units), threefold. The third position in this ranking was occupied by Slovenia (X units), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms 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 ($X) remains the key foreign market for electro-mechanical tool exports from Qatar, comprising X% of total electro-mechanical tool exports. The second position in the ranking was occupied by Austria ($X), with a X% share of total exports. It was followed by Slovenia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to South Africa amounted to +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 electro-mechanical tool export price stood at $X per unit in 2018, standing approx. at the previous year. Overall, the electro-mechanical tool export price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2013 when the average export price increased by X% year-to-year. In that year, the average export prices for electro-mechanical tools reached their peak level of $X per unit. From 2014 to 2018, the growth in terms of the average export prices for electro-mechanical tools failed to regain its momentum.

Prices varied noticeably by the country of destination; 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.

Electro-Mechanical Tool Imports

Imports into Qatar

In 2018, the amount of electro-mechanical tools imported into Qatar stood at X units, surging by X% against the previous year. In general, electro-mechanical tool imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, electro-mechanical tool imports totaled $X in 2018. In general, electro-mechanical tool imports continue to indicate remarkable growth. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, electro-mechanical tool imports reached their peak figure at $X in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X units) constituted the largest electro-mechanical tool supplier to Qatar, accounting for a X% share of total imports. Moreover, electro-mechanical 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 ($X) constituted the largest supplier of electro-mechanical tool to Qatar, comprising X% of total electro-mechanical tool imports. The second position in the ranking was occupied by Germany ($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 electro-mechanical tool import price stood at $X per unit in 2018, picking up by X% against the previous year. In general, the electro-mechanical tool import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for electro-mechanical tools reached their peak figure at $X per unit in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; 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