Qatar: Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers 2022

Market Size for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Qatar

For the tenth consecutive year, the Qatari market for iron, steel or aluminium reservoirs, tanks, vats and similar containers recorded growth in sales value, which increased by X% to $X in 2020. In general, consumption saw a buoyant expansion. The pace of growth appeared the most rapid in 2009 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs in 2020 and is expected to retain growth in the immediate term.

Production of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Qatar

In value terms, iron, steel or aluminium reservoir production rose notably to $X in 2020 estimated in export prices. Over the period under review, production, however, saw a prominent increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Iron, steel or aluminium reservoir production peaked in 2020 and is expected to retain growth in the near future.

Exports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Exports from Qatar

In 2020, exports of iron, steel or aluminium reservoirs, tanks, vats and similar containers from Qatar fell sharply to X tons, which is down by -X% on the previous year. In general, exports continue to indicate a slight descent. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Exports peaked at X tons in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

In value terms, iron, steel or aluminium reservoir exports skyrocketed to $X in 2020. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Oman (X tons), India (X tons) and the UK (X tons) were the main destinations of iron, steel or aluminium reservoir exports from Qatar, together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Oman ($X) emerged as the key foreign market for iron, steel or aluminium reservoir exports from Qatar, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports. It was followed by Malta, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Oman amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Malta (X% per year).

Export Prices by Country

The average export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers stood at $X per ton in 2020, increasing by X% against the previous year. In general, the export price recorded slight growth. Over the period under review, average export prices reached the maximum at $X per ton in 2008; however, from 2009 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers

Imports into Qatar

In 2020, overseas purchases of iron, steel or aluminium reservoirs, tanks, vats and similar containers increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports, however, saw a dramatic contraction. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, iron, steel or aluminium reservoir imports skyrocketed to $X in 2020. Overall, imports, however, recorded a sharp reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Vietnam (X tons), Norway (X tons) and Indonesia (X tons) were the main suppliers of iron, steel or aluminium reservoir imports to Qatar, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Vietnam (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron, steel or aluminium reservoir suppliers to Qatar were Norway ($X), Vietnam ($X) and Brazil ($X), together comprising X% of total imports.

Vietnam (+X% per year) recorded 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 more modest paces of growth.

Import Prices by Country

The average import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, the import price showed a deep setback. The growth pace was the most rapid in 2017 an increase of X% y-o-y. The import price peaked at $X per ton in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Brazil ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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