Qatar: Wooden Frame Market 2024

Wooden Frame Market Size in Qatar

In 2022, the Qatari wooden frame market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Wooden Frame Production in Qatar

In value terms, wooden frame production dropped to $X in 2022 estimated in export price. In general, the total production indicated prominent growth from 2012 to 2022: its value 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Wooden Frame Exports

Exports from Qatar

In 2021, shipments abroad of wooden frames for paintings, photographs, mirrors or similar objects increased by X% to X units, rising for the fourth consecutive year after two years of decline. Overall, exports saw a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, wooden frame exports fell dramatically to $X in 2021. In general, exports recorded a moderate increase. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for wooden frame exports from Qatar, accounting for a approx. X% share of total exports.

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

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for wooden frames for paintings, photographs, mirrors or similar objects exports from Qatar.

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

Export Prices by Country

The average wooden frame export price stood at $X per unit in 2021, waning by X% against the previous year. Over the period under review, the export price, however, showed pronounced growth. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The export price peaked at $X per unit in 2020, and then declined significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Wooden Frame Imports

Imports into Qatar

In 2022, purchases abroad of wooden frames for paintings, photographs, mirrors or similar objects increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports enjoyed temperate growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, wooden frame imports amounted to $X in 2022. In general, imports, however, continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main wooden frame supplier to Qatar, with a X% share of total imports. Moreover, wooden frame imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold.

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

In value terms, the largest wooden frame suppliers to Qatar were China ($X), the United States ($X) and Poland ($X), with a combined X% share of total imports.

The United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average wooden frame import price amounted to $X per unit, waning by X% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of X%. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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