Qatar: Mannequin Market 2024

Mannequin Market Size in Qatar

In 2022, the Qatari mannequin market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, saw a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Mannequin Production in Qatar

In value terms, mannequin production rose slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.0% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 33% against the previous year. Mannequin production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Mannequin Exports

Exports from Qatar

In 2022, the amount of mannequins exported from Qatar dropped to X tons, which is down by -9.8% against the year before. Overall, exports saw a dramatic setback. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, mannequin exports soared to $X in 2022. In general, exports, however, continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for mannequin exports from Qatar, with a 51% share of total exports. Moreover, mannequin exports to the UK exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was taken by the United Arab Emirates (X tons), with an 11% share.

From 2020 to 2022, the average annual rate of growth in terms of volume to the UK totaled +1,597.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+70.0% per year) and the United Arab Emirates (-48.1% per year).

In value terms, the UK ($X) emerged as the key foreign market for mannequins exports from Qatar, comprising 55% of total exports. The second position in the ranking was held by the United States ($X), with a 22% share of total exports. It was followed by Switzerland, with an 11% share.

From 2020 to 2022, the average annual growth rate of value to the UK amounted to +498.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+52.3% per year) and Switzerland (+7.5% per year).

Export Prices by Country

In 2022, the average mannequin export price amounted to $X per ton, growing by 104% against the previous year. Overall, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+235.5%), while the prices for the other major destinations experienced more modest paces of growth.

Mannequin Imports

Imports into Qatar

After three years of decline, purchases abroad of mannequins increased by 39% to X tons in 2022. In general, imports, however, faced a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of 87% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, mannequin imports skyrocketed to $X in 2022. Overall, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 212% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), China (X tons) and the United States (X tons) were the main suppliers of mannequin imports to Qatar, with a combined 83% share of total imports. The UK, India, Vietnam and Turkey lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +40.1%), while purchases for the other leaders experienced a decline.

In value terms, the United States ($X) constituted the largest supplier of mannequins to Qatar, comprising 48% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports. It was followed by Vietnam, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-14.1% per year) and Vietnam (+27.9% per year).

Import Prices by Country

In 2022, the average mannequin import price amounted to $X per ton, with an increase of 59% against the previous year. Overall, the import price recorded a prominent expansion. The pace of growth was the most pronounced in 2018 an increase of 138% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+32.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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