Qatar: Market for Motor Vehicle Chassis Fitted With Engines 2024

Market Size for Motor Vehicle Chassis Fitted With Engines in Qatar

In 2022, the Qatari market for motor vehicle chassis fitted with engines increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, recorded a abrupt setback. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Motor Vehicle Chassis Fitted With Engines in Qatar

In value terms, production of motor vehicle chassis fitted with engines totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Production of peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Exports of Motor Vehicle Chassis Fitted With Engines

Exports from Qatar

In 2021, overseas shipments of motor vehicle chassis fitted with engines increased by X% to X units, rising for the fifth year in a row after four years of decline. In general, exports, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2020 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of motor vehicle chassis fitted with engines soared to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for exports of motor vehicle chassis fitted with engines from Qatar, with a X% share of total exports. Moreover, exports of motor vehicle chassis fitted with engines to the United Arab Emirates exceeded the volume sent to the second major destination, Cote d'Ivoire (X units), fivefold.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates amounted to X%.

In value terms, the largest markets for motor vehicle chassis fitted with engines exported from Qatar were the United Arab Emirates ($X) and Cote d'Ivoire ($X).

The United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average export price for motor vehicle chassis fitted with engines stood at $X per unit in 2021, declining by X% against the previous year. Over the period under review, the export price recorded a deep slump. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per unit), while the average price for exports to the United Arab Emirates totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Motor Vehicle Chassis Fitted With Engines

Imports into Qatar

In 2022, purchases abroad of motor vehicle chassis fitted with engines increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports, however, saw a deep contraction. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports of hit record highs at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of motor vehicle chassis fitted with engines skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, France (X units) constituted the largest supplier of motor vehicle chassis fitted with engines to Qatar, with a X% share of total imports. Moreover, imports of motor vehicle chassis fitted with engines from France exceeded the figures recorded by the second-largest supplier, Brazil (X units), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and China (X% per year).

In value terms, France ($X) constituted the largest supplier of motor vehicle chassis fitted with engines to Qatar, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average import price for motor vehicle chassis fitted with engines amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform