Qatar - Aluminum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingImport of Aluminum in Qatar Increases by 48% Reaching $7.6M in 2023
Qatar Aluminum Imports
In 2023, purchases abroad of aluminum and alloys increased by 102% to 4K tons, rising for the second year in a row after two years of decline. Overall, imports, however, recorded a relatively flat trend pattern. Imports peaked at 4.4K tons in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.
In value terms, aluminum imports surged to $7.6M (IndexBox estimates) in 2023. Over the period under review, imports, however, saw a slight contraction. Imports peaked at $8.7M in 2013; however, from 2014 to 2023, imports remained at a lower figure.
| COUNTRY | Import Value of Aluminum in Qatar (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| South Korea | N/A | N/A | N/A | N/A | N/A | N/A | 0.9 | 1.5 | 0.8 | 1.7 | 4.9 |
| China | 1.2 | 0.6 | 0.4 | 0.3 | 0.1 | 0.2 | 0.1 | 0.1 | 2.2 | 1.8 | 2.4 |
| Spain | N/A | 0.1 | N/A | 0.1 | 0.2 | 1.0 | 1.3 | 0.4 | N/A | 0.4 | 0.2 |
| United Arab Emirates | 0.4 | 0.6 | 0.5 | 0.8 | 1.5 | N/A | N/A | N/A | N/A | N/A | 0.1 |
| Saudi Arabia | 4.7 | 2.6 | 2.6 | 3.0 | 1.2 | N/A | N/A | N/A | N/A | N/A | N/A |
| Netherlands | 1.0 | 1.7 | 2.1 | 1.1 | 1.9 | 1.5 | 0.3 | 0.7 | 0.4 | N/A | N/A |
| India | N/A | 0.1 | N/A | N/A | 0.1 | 1.1 | 1.4 | 0.3 | N/A | N/A | N/A |
| Others | 1.5 | 1.5 | 1.1 | 0.6 | 0.9 | 0.5 | 0.2 | 0.3 | 0.4 | 1.2 | N/A |
| Total | 8.7 | 7.2 | 6.7 | 5.7 | 5.9 | 4.3 | 4.3 | 3.3 | 3.7 | 5.2 | 7.6 |
Imports by Country
In 2023, South Korea (3.3K tons) constituted the largest aluminum supplier to Qatar, accounting for a 81% share of total imports. Moreover, aluminum imports from South Korea exceeded the figures recorded by the second-largest supplier, China (671 tons), fivefold. Spain (48 tons) ranked third in terms of total imports with a 1.2% share.
From 2013 to 2023, the average annual rate of growth in terms of volume from South Korea stood at +96.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.4% per year) and Spain (+20.6% per year).
In value terms, South Korea ($4.9M) constituted the largest supplier of aluminum and alloys to Qatar, comprising 64% of total imports. The second position in the ranking was taken by China ($2.4M), with a 32% share of total imports. It was followed by Spain, with a 2.6% share.
From 2013 to 2023, the average annual growth rate of value from South Korea stood at +81.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.4% per year) and Spain (+11.4% per year).
Imports by Type
In 2023, unwrought aluminium alloys (4K tons) was the main type of aluminum and alloys supplied to Qatar, with a 99% share of total imports. It was followed by aluminum (unwrought, not alloyed) (22 tons), with a 0.5% share of total imports.
From 2013 to 2023, the average annual growth rate of the volume of unwrought aluminium alloys imports stood at +7.5%.
In value terms, unwrought aluminium alloys ($7.5M) constituted the largest type of aluminum and alloys supplied to Qatar, comprising 99% of total imports. The second position in the ranking was held by aluminum (unwrought, not alloyed) ($113K), with a 1.5% share of total imports.
Import Prices by Country
In 2023, the aluminum price stood at $1,895 per ton (CIF, Qatar), which is down by -26.8% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 72%. The import price peaked at $3,269 per ton in 2018; however, from 2019 to 2023, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,624 per ton), while the price for South Korea ($1,493 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Bahrain (+52.1%), while the prices for the other major suppliers experienced a decline.
This report provides an in-depth analysis of the aluminum market in Qatar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24421130 - Unwrought non-alloy aluminium (excluding powders and flakes)
- Prodcom 24421154 - Unwrought aluminium alloys (excluding aluminium powders and flakes)
Country coverage:
- Qatar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Qatar
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
