Qatar: Twine And Cordage Market 2025

Twine And Cordage Market Size in Qatar

In 2022, the Qatari twine and cordage market decreased by -3.1% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption, however, recorded a prominent increase. Twine and cordage consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Twine And Cordage Exports

Exports from Qatar

For the third year in a row, Qatar recorded growth in overseas shipments of twine, cordage, rope and cables, which increased by 620% to X tons in 2021. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, twine and cordage exports soared to $X in 2021. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X kg), Saudi Arabia (X kg) and Switzerland (X kg) were the main destinations of twine and cordage exports from Qatar, with a combined 99.9% share of total exports.

From 2012 to 2015, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Switzerland ($X) and Saudi Arabia ($X) were the largest markets for twine and cordage exported from Qatar worldwide.

Belgium, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2015, the average twine and cordage export price amounted to $X per ton, remaining constant against the previous year. In general, the export price recorded significant growth. The most prominent rate of growth was recorded in 2013 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2015 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2015, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2015, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Twine And Cordage Imports

Imports into Qatar

In 2022, twine and cordage imports into Qatar shrank markedly to X tons, falling by -25.5% on the previous year. In general, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 54%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, twine and cordage imports expanded slightly to $X in 2022. Over the period under review, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2018 when imports increased by 40% against the previous year. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), China (X tons) and South Korea (X tons) were the main suppliers of twine and cordage imports to Qatar, together accounting for 85% of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +28.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Greece ($X) were the largest twine and cordage suppliers to Qatar, together accounting for 67% of total imports.

Greece, with a CAGR of +22.6%, saw the highest growth rate of 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

In 2022, the average twine and cordage import price amounted to $X per ton, increasing by 39% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 46%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average 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 ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+6.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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