Qatar: Polyethylene Market Overview 2020

Polyethylene Market Size in Qatar

The revenue of the polyethylene market in Qatar amounted to $X in 2018, increasing by X% against the previous year. Overall, polyethylene consumption continues to indicate a prominent expansion. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. In that year, the polyethylene market reached its peak level and is likely to continue its growth in the immediate term.

Polyethylene Production in Qatar

In value terms, polyethylene production totaled $X in 2018 estimated in export prices. Overall, polyethylene production, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Polyethylene production peaked at $X in 2011; however, from 2012 to 2018, production failed to regain its momentum.

Polyethylene Exports

Exports from Qatar

Polyethylene exports from Qatar amounted to X tonnes in 2018, lowering by -X% against the previous year. In general, polyethylene exports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Exports peaked at X tonnes in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

In value terms, polyethylene exports stood at $X in 2018. In general, polyethylene exports, however, continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China (X tonnes) was the main destination for polyethylene exports from Qatar, accounting for a X% share of total exports. Moreover, polyethylene exports to China exceeded the volume sent to the second major destination, India (X tonnes), twofold. The third position in this ranking was occupied by Pakistan (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-X% per year) and Pakistan (+X% per year).

In value terms, China ($X) remains the key foreign market for polyethylene exports from Qatar, comprising X% of total polyethylene exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports. It was followed by Pakistan, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-X% per year) and Pakistan (+X% per year).

Export Prices by Country

The average polyethylene export price stood at $X per tonne in 2018, shrinking by -X% against the previous year. Over the period under review, the polyethylene export price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. In that year, the average export prices for polyethylene reached their peak level of $X per tonne. From 2010 to 2018, the growth in terms of the average export prices for polyethylene failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Nigeria ($X per tonne), while the average price for exports to Bangladesh ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced mixed trend patterns.

Polyethylene Imports

Imports into Qatar

In 2018, the amount of polyethylene imported into Qatar totaled X tonnes, coming down by -X% against the previous year. In general, polyethylene imports continue to indicate a pronounced downturn. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. In that year, polyethylene imports attained their peak of X tonnes. From 2010 to 2018, the growth of polyethylene imports remained at a lower figure.

In value terms, polyethylene imports amounted to $X in 2018. Over the period under review, polyethylene imports continue to indicate a temperate contraction. The pace of growth appeared the most rapid in 2009 when imports increased by X% year-to-year. In that year, polyethylene imports attained their peak of $X. From 2010 to 2018, the growth of polyethylene imports remained at a lower figure.

Imports by Country

In 2018, Saudi Arabia (X tonnes) constituted the largest polyethylene supplier to Qatar, accounting for a X% share of total imports. Moreover, polyethylene imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Sweden (X tonnes), eightfold. India (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Saudi Arabia amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and India (+X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of polyethylene to Qatar, comprising X% of total polyethylene imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Saudi Arabia amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Sweden (+X% per year).

Import Prices by Country

The average polyethylene import price stood at $X per tonne in 2018, surging by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2010 an increase of X% y-o-y. Over the period under review, the average import prices for polyethylene attained their peak figure in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was South Korea ($X per tonne), while the price for Sweden ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform