
Qatar - Granules and Powders of Pig Iron - Market Analysis, Forecast, Size, Trends and Insights
Qatar: Pig Iron Articles Market 2023
Pig Iron Articles Market Size in Qatar
In 2021, the Qatari pig iron articles market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption showed a abrupt descent. Pig iron articles consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.
Pig Iron Articles Production in Qatar
In value terms, pig iron articles production amounted to $X in 2021 estimated in export price. Over the period under review, the total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -26.9% against 2017 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 52%. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.
Pig Iron Articles Exports
Exports from Qatar
In 2015, pig iron articles exports from Qatar stood at X tons, remaining constant against the year before. In general, exports recorded a relatively flat trend pattern. The exports peaked in 2015 and are expected to retain growth in years to come.
In value terms, pig iron articles exports amounted to $X in 2015. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked in 2015 and are likely to continue growth in years to come.
Exports by Country
Saudi Arabia (X tons) was the main destination for pig iron articles exports from Qatar, with a approx. 99.9% share of total exports.
From 2015 to 2015, the average annual rate of growth in terms of volume to Saudi Arabia was relatively modest.
From 2015 to 2015, the average annual rate of growth in terms of value to Saudi Arabia was relatively modest.
Pig Iron Articles Imports
Imports into Qatar
Pig iron articles imports into Qatar dropped dramatically to X tons in 2021, with a decrease of -43.5% on 2020 figures. Overall, imports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by 98%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, pig iron articles imports reduced to $X in 2021. Over the period under review, imports faced a significant decline. The pace of growth appeared the most rapid in 2016 when imports increased by 50%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, China (X tons) was the main supplier of pig iron articles to Qatar, accounting for a 93% share of total imports. Moreover, pig iron articles imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +27.9%.
In value terms, China ($X) constituted the largest supplier of granules and powders of pig iron to Qatar, comprising 79% of total imports. The second position in the ranking was held by Turkey ($X), with a 6.6% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +16.0%.
Import Prices by Country
In 2021, the average pig iron articles import price amounted to $X per ton, jumping by 56% against the previous year. Over the period under review, the import price continues to indicate notable growth. The most prominent rate of growth was recorded in 2013 an increase of 84%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for China totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+5.9%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the pig iron articles 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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