Qatar: Toy Market 2024

Toy Market Size in Qatar

The Qatari toy market skyrocketed to $X in 2021, growing by 16% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +21.3% against 2019 indices. Toy consumption peaked in 2021 and is expected to retain growth in the immediate term.

Toy Exports

Exports from Qatar

In 2021, toy exports from Qatar stood at X tons, almost unchanged from 2020. Overall, exports showed a significant curtailment. The pace of growth appeared the most rapid in 2019 when exports increased by 168%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, toy exports totaled $X in 2021. In general, exports faced a abrupt contraction. The pace of growth appeared the most rapid in 2019 with an increase of 260%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for toy exports from Qatar, with a 81% share of total exports. Moreover, toy exports to the United Arab Emirates exceeded the volume sent to the second major destination, Kuwait (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates amounted to -17.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+34.9% per year) and Oman (+3.6% per year).

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates amounted to -17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+38.4% per year) and Kuwait (+90.7% per year).

Export Prices by Country

In 2021, the average toy export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a prominent increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 231%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+41.4%), while the prices for the other major destinations experienced more modest paces of growth.

Toy Imports

Imports into Qatar

In 2021, purchases abroad of dolls and toys increased by 12% to X tons, rising for the second year in a row after two years of decline. In general, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +26.3% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of 19%. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, toy imports surged to $X in 2021. Overall, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +18.1% against 2019 indices. The growth pace was the most rapid in 2015 when imports increased by 25% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of toy to Qatar, with a 88% share of total imports. It was followed by Vietnam (X tons), with a 1.9% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+36.0% per year) and the United States (-1.5% per year).

In value terms, China ($X) constituted the largest supplier of dolls and toys to Qatar, comprising 75% of total imports. The second position in the ranking was held by the United States ($X), with a 6.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+9.5% per year) and Vietnam (+41.6% per year).

Import Prices by Country

In 2021, the average toy import price amounted to $X per ton, picking up by 4.7% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 15%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

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 the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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