Report Update Nov 1, 2024

Qatar - Worked Articles of Wax - Market Analysis, Forecast, Size, Trends and Insights

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Qatar: Worked Wax Articles Market 2024

Worked Wax Articles Market Size in Qatar

In 2022, the Qatari worked wax articles market decreased by -13% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption recorded a abrupt shrinkage. Worked wax articles consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Worked Wax Articles Production in Qatar

In value terms, worked wax articles production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 53%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Worked Wax Articles Exports

Exports from Qatar

In 2017, shipments abroad of worked articles of wax decreased by 0% to X units for the first time since 2013, thus ending a three-year declining trend. Over the period under review, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2013 when exports increased by 253% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2017, the growth of the exports failed to regain momentum.

In value terms, worked wax articles exports amounted to $X in 2017. Overall, exports continue to indicate a dramatic slump. The smallest decline of -27.6% was in 2013. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2017, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for worked wax articles exports from Qatar, with a approx. 51% share of total exports.

From 2012 to 2017, the average annual rate of growth in terms of volume to Germany was relatively modest.

From 2012 to 2017, the average annual rate of growth in terms of value to Germany was relatively modest.

Export Prices by Country

In 2017, the average worked wax articles export price amounted to $X per thousand units, remaining stable against the previous year. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 50%. Over the period under review, the average export prices attained the maximum at $X per thousand units in 2012; however, from 2013 to 2017, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2017, the rate of growth in terms of prices for the United Arab Emirates amounted to -51.1% per year.

Worked Wax Articles Imports

Imports into Qatar

After three years of growth, supplies from abroad of worked articles of wax decreased by -15.6% to X units in 2022. Overall, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 59,225,965%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, worked wax articles imports shrank rapidly to $X in 2022. In general, imports saw a pronounced decrease. The most prominent rate of growth was recorded in 2018 with an increase of 402% against the previous year. Imports peaked at $X in 2021, and then contracted sharply in the following year.

Imports by Country

Spain (X units), Turkey (X units) and Italy (X units) were the main suppliers of worked wax articles imports to Qatar, with a combined 75% share of total imports. The United States, Switzerland, China and Poland lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +234.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest worked wax articles suppliers to Qatar were Spain ($X), Turkey ($X) and Italy ($X), together comprising 72% of total imports.

Turkey, with a CAGR of +508.0%, saw the highest rates of growth with regard to the value of imports, in terms of 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 worked wax articles import price stood at less than $X per unit in 2022, dropping by -37.5% against the previous year. In general, the import price, however, enjoyed buoyant growth. The growth pace was the most rapid in 2016 an increase of 43,089,773% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain (less than $X per unit) and Turkey (less than $X per unit), while the price for Poland (less than $X per unit) and China (less than $X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-71.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for worked articles of wax in the world?

The countries with the highest volumes of worked wax articles consumption in 2021 were Ireland, China and Spain, together comprising 37% of global consumption.

What are the largest producers of worked articles of wax in the world?

The countries with the highest volumes of worked wax articles production in 2021 were China, the United States and India, together comprising 45% of global production. These countries were followed by Japan, Indonesia, Pakistan, Russia, Germany, Mexico, Brazil, South Korea, Belgium and Italy, which together accounted for a further 33%.

What are the leading suppliers of worked articles of wax to Qatar?

In value terms, China constituted the largest supplier of worked wax articles to Qatar, comprising 42% of total imports. The second position in the ranking was occupied by Germany, with a 9% share of total imports.

What is the average export price for worked articles of wax in Qatar?

In 2017, the average worked wax articles export price amounted to $60 per unit, stabilizing at the previous year.

What is the average import price for worked articles of wax in Qatar?

In 2019, the average worked wax articles import price amounted to $98 per unit, with a decrease of -6.8% against the previous year.

This report provides an in-depth analysis of the worked wax articles market in Qatar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32995940 - Worked vegetable or mineral..., moulded... articles of wax, s tearin,

Country coverage:

Qatar

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Qatar
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023