Qatar: Sheet Piling Market 2024

Sheet Piling Market Size in Qatar

The Qatari sheet piling market surged to $X in 2022, picking up by X% against the previous year. Overall, consumption recorded a prominent increase. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Sheet Piling Production in Qatar

In value terms, sheet piling production stood at $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 indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Sheet Piling Exports

Exports from Qatar

Sheet piling exports from Qatar reduced markedly to X tons in 2022, waning by X% compared with the previous year's figure. In general, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, sheet piling exports dropped sharply to $X in 2022. Overall, exports faced a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Singapore (X tons), Egypt (X tons) and the United Arab Emirates (X tons) were the main destinations of sheet piling exports from Qatar, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Singapore ($X), Egypt ($X) and the United Arab Emirates ($X) were the largest markets for sheet piling exported from Qatar worldwide, with a combined X% share of total exports.

Among the main countries of destination, Singapore, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average sheet piling export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sheet piling export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Singapore ($X per ton) and the United Arab Emirates ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) and Egypt ($X per ton) were amongst the lowest.

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

Sheet Piling Imports

Imports into Qatar

Sheet piling imports into Qatar declined remarkably to X tons in 2022, waning by X% on 2021 figures. Overall, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, sheet piling imports surged to $X in 2022. Over the period under review, imports showed a abrupt curtailment. The growth pace was the most rapid in 2014 when imports increased by 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, Turkey (X tons) constituted the largest sheet piling supplier to Qatar, accounting for a X% share of total imports. Moreover, sheet piling imports from Turkey exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was held by Luxembourg (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Luxembourg (X% per year).

In value terms, the largest sheet piling suppliers to Qatar were Turkey ($X), India ($X) and the UK ($X), with a combined X% share of total imports. Japan, Luxembourg, China and Saudi Arabia lagged somewhat behind, together accounting for a further X%.

Luxembourg, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average sheet piling import price amounted to $X per ton, jumping by X% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Saudi Arabia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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