Report Update Feb 1, 2025

Qatar - Gold - Market Analysis, Forecast, Size, Trends and Insights

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Qatar: Gold Market 2025

Gold Market Size in Qatar

In 2021, the Qatari gold market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption showed a pronounced expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Gold Exports

Exports from Qatar

In 2021, the amount of gold exported from Qatar stood at less than X kg, standing approx. at 2020 figures. In general, exports recorded a relatively flat trend pattern.

In value terms, gold exports dropped dramatically to $X in 2021. Overall, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,740% against the previous year. As a result, the exports reached the peak of $X, and then fell significantly in the following year.

Gold Imports

Imports into Qatar

In 2021, after two years of decline, there was significant growth in overseas purchases of gold, when their volume increased by 115% to X tons. Overall, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, gold imports skyrocketed to $X in 2021. In general, imports showed a perceptible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Switzerland (X tons) constituted the largest gold supplier to Qatar, accounting for a 70% share of total imports. Moreover, gold imports from Switzerland exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. India (X kg) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2021, the average annual growth rate of volume from Switzerland totaled -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+333.5% per year) and India (+81.4% per year).

In value terms, Switzerland ($X) constituted the largest supplier of gold to Qatar, comprising 87% of total imports. The second position in the ranking was taken by India ($X), with a 7.8% share of total imports. It was followed by Belgium, with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Switzerland stood at +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+203.4% per year) and Belgium (+80,143.1% per year).

Import Prices by Country

The average gold import price stood at $X per kg in 2021, with an increase of 5.3% against the previous year. Over the last nine years, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2017 when the average import price increased by 9.4% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per kg), while the price for France ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+18,388.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gold in the world?

The countries with the highest volumes of gold consumption in 2020 were the UK, Switzerland and China, with a combined 41% share of global consumption.

What are the largest producers of gold in the world?

The countries with the highest volumes of gold production in 2020 were Russia, Argentina and South Africa, with a combined 19% share of global production. These countries were followed by Hong Kong SAR, Australia, China, Peru, Thailand, the United Arab Emirates, Singapore, Japan, the United States and Canada, which together accounted for a further 41%.

What are the leading suppliers of gold to Qatar?

In value terms, Switzerland constituted the largest supplier of gold to Qatar, comprising 75% of total imports. The second position in the ranking was occupied by India, with a 15% share of total imports. It was followed by Singapore, with a 5.2% share.

What is the average export price for gold in Qatar?

In 2009, the average gold export price amounted to $21,284 per kg, flattening at the previous year.

What is the average import price for gold in Qatar?

In 2020, the average gold import price amounted to $48,417 per kg, increasing by 3% against the previous year.

This report provides an in-depth analysis of the gold 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 24412030 - Gold, unwrought or in powder form for non-monetary use (including plated with platinum)
Prodcom 24412035 -
Prodcom 24412040 -
Prodcom 24412050 - Gold, in semi-manufactured forms for non-monetary use (including plated with platinum) (excluding unwrought or in powder form)
Prodcom 24412070 - Monetary gold (including gold plated with platinum)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024