Qatar: Container Market 2024

Container Market Size in Qatar

After three years of decline, the Qatari container market increased by 89% to $X in 2022. Over the period under review, consumption showed a significant increase. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Container Production in Qatar

In value terms, container production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by 21% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Container Exports

Exports from Qatar

In 2022, container exports from Qatar amounted to X units, remaining constant against the previous year's figure. In general, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, container exports soared to $X in 2022. Overall, exports showed a deep downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 50% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X units) was the main destination for container exports from Qatar, accounting for a 99% share of total exports. It was followed by Belgium (X units), with a 0.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at +25.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-19.5% per year) and the United Arab Emirates (-43.7% per year).

In value terms, the Netherlands ($X) remains the key foreign market for tanks, casks, drums, cans, boxes and similar containers exports from Qatar, comprising 59% of total exports. The second position in the ranking was held by Belgium ($X), with a 27% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Netherlands amounted to +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+2.2% per year) and the United Arab Emirates (-24.5% per year).

Export Prices by Country

In 2022, the average container export price amounted to $X per thousand units, approximately mirroring the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The growth pace was the most rapid in 2016 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per thousand units in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per thousand units), while the average price for exports to the Netherlands ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.

Container Imports

Imports into Qatar

After three years of decline, purchases abroad of tanks, casks, drums, cans, boxes and similar containers decreased by 0% to X units in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 7,094% against the previous year. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, container imports skyrocketed to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 84%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Kuwait (X units) constituted the largest supplier of container to Qatar, accounting for a 90% share of total imports. It was followed by Oman (X units), with a 1.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Kuwait totaled +195.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Oman (+90.4% per year) and Greece (-89.6% per year).

In value terms, Kuwait ($X) constituted the largest supplier of tanks, casks, drums, cans, boxes and similar containers to Qatar, comprising 46% of total imports. The second position in the ranking was taken by Oman ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Kuwait amounted to +78.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Oman (+70.9% per year) and Greece (-64.2% per year).

Import Prices by Country

The average container import price stood at $X per unit in 2022, leveling off at the previous year. In general, the import price recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 305%. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Greece ($X per unit), while the price for Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+244.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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