Qatar: Hat Market Overview 2020

Hat Market Size in Qatar

The revenue of the hat market in Qatar amounted to $X in 2018, jumping by X% against the previous year. In general, hat consumption continues to indicate prominent growth. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. In that year, the hat market attained its peak level and is likely to continue its growth in the immediate term.

Hat Production in Qatar

In value terms, hat production amounted to $X in 2018 estimated in export prices. In general, hat production continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Hat production peaked at $X in 2009; however, from 2010 to 2018, production remained at a lower figure.

Hat Exports

Exports from Qatar

In 2018, approx. X units of hats and other headgear were exported from Qatar; lowering by -X% against the previous year. In general, hat exports continue to indicate an abrupt decrease. The growth pace was the most rapid in 2014 when exports increased by X% year-to-year. Exports peaked at X units in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

In value terms, hat exports totaled $X in 2018. In general, hat exports continue to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% year-to-year. In that year, hat exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

The United Arab Emirates (X units) was the main destination for hat exports from Qatar, with a X% share of total exports. Moreover, hat exports to the United Arab Emirates exceeded the volume sent to the second major destination, Kuwait (X units), threefold. Spain (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to the United Arab Emirates totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+X% per year) and Spain (+X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for hat exports from Qatar, comprising X% of total hat exports. The second position in the ranking was occupied by Kuwait ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to the United Arab Emirates totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+X% per year) and Spain (+X% per year).

Export Prices by Country

In 2018, the average hat export price amounted to $X per unit, jumping by X% against the previous year. In general, the hat export price continues to indicate outstanding growth. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. In that year, the average export prices for hats and other headgear attained their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($X per unit), while the average price for exports to Turkey ($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 the United Arab Emirates, while the prices for the other major destinations experienced mixed trend patterns.

Hat Imports

Imports into Qatar

In 2018, the amount of hats and other headgear imported into Qatar totaled X units, coming down by -X% against the previous year. Over the period under review, hat imports continue to indicate a significant deduction. The pace of growth was the most pronounced in 2012 when imports increased by X% y-o-y. Imports peaked at X units in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

In value terms, hat imports amounted to $X in 2018. Over the period under review, hat imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. In that year, hat imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, China (X units) constituted the largest supplier of hat to Qatar, with a X% share of total imports. Moreover, hat imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), fourfold. Syrian Arab Republic (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 stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Syrian Arab Republic (-X% per year).

In value terms, the largest hat suppliers to Qatar were Turkey ($X), China ($X) and the UK ($X), with a combined X% share of total imports.

Turkey (+X% per year) recorded the highest growth rate of imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average hat import price amounted to $X per unit, going up by X% against the previous year. In general, the hat import price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. In that year, the average import prices for hats and other headgear attained their peak level and is likely to continue its growth in the immediate term.

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

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

Source: IndexBox AI Platform