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Qatar - Suspension Systems - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Qatar - Suspension Systems - Market Analysis, Forecast, Size, Trends And Insights

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May 2, 2023

Qatar's Suspension System Cost Lowest at $9,437 per Ton

Qatar Suspension System Import Price in February 2023

In February 2023, the suspension system price stood at $9,437 per ton (CIF, Qatar), waning by -22.9% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in July 2022 when the average import price increased by 61% m-o-m. As a result, import price attained the peak level of $18,181 per ton. From August 2022 to February 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Germany ($50,671 per ton), while the price for Turkey ($2,030 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Thailand (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Suspension System in Qatar (USD per ton)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023
Germany42,42355,89135,88356,67157,91826,14642,53341,74035,01841,02335,98033,98550,671
Japan14,87921,73518,58420,92617,93533,89229,59319,98332,87723,71526,57013,08529,956
United States25,23941,14425,63721,61617,68022,06923,47427,66524,85738,15231,93519,16626,685
AustraliaN/AN/AN/AN/A31,641N/A14,63815,83524,67812,594N/AN/A9,946
South Korea8,90811,3275,44012,85611,0929,755N/A10,35417,662N/AN/A9,1728,525
Thailand2,25513,5858,66612,5448,251N/A10,9286,43810,8567,13514,36314,6297,494
China5,1735,6124,6684,8115,0837,6815,3893,7327,9476,1297,2403,3866,706
TurkeyN/A6,408N/A3,00110,450N/AN/AN/AN/AN/AN/A7,9362,030
Taiwan (Chinese)1,7112,2081,5803,9924,650N/A6,644N/A5,8813,654N/AN/AN/A
Average10,40313,9229,71314,60011,29918,18115,02810,87516,00515,07916,78912,2349,437

Qatar Suspension System Imports

Suspension system imports into Qatar skyrocketed to 170 tons in February 2023, surging by 36% compared with January 2023. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 when imports increased by 77% month-to-month.

In value terms, suspension system imports expanded to $1.6M (IndexBox estimates) in February 2023. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2022 with an increase of 44% against the previous month. As a result, imports attained the peak of $2.4M. From April 2022 to February 2023, the growth of imports remained at a somewhat lower figure.

Qatar Suspension System Imports by Country

China (75 tons), Turkey (55 tons) and Japan (16 tons) were the main suppliers of suspension system imports to Qatar, with a combined 86% share of total imports.

From February 2022 to February 2023, the biggest increases were in Turkey (with a CAGR of +29.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest suspension system suppliers to Qatar were China ($501K), Japan ($483K) and Germany ($116K), with a combined 69% share of total imports. Turkey, the United States, Thailand, Australia and South Korea lagged somewhat behind, together comprising a further 19%.

Turkey, with a CAGR of +16.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the suspension system 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 29323050 - Suspension systems and parts thereof (including shock absorbers)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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