Life-Jackets and Life-Belts Price in Qatar - 2023
Contents:
Life-Jackets and Life-Belts Price in Qatar (CIF) - 2023
The average life-jackets and life-belts import price stood at $2,040 per ton in June 2023, waning by -46.4% against the previous month. Over the period under review, the import price saw a abrupt setback. The most prominent rate of growth was recorded in February 2023 an increase of 102% against the previous month. As a result, import price reached the peak level of $8,701 per ton. From March 2023 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($3,813 per ton), while the price for China ($1,062 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (-1.5%), while the prices for the other major suppliers experienced a decline.
Life-Jackets and Life-Belts Imports in Qatar
In 2022, the amount of life-jackets and life-beltses imported into Qatar soared to 424 tons, jumping by 22% compared with 2021. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 111%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, life-jackets and life-belts imports surged to $2.7M in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 82% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Life-Jackets and Life-Belts in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 497 | 459 | 1,113 | 1,012 | 26.7% |
| India | 128 | 433 | 306 | 553 | 62.9% |
| Pakistan | N/A | N/A | 44.8 | 181 | 304.0% |
| Others | 631 | 1,397 | 531 | 983 | 15.9% |
| Total | 1,256 | 2,289 | 1,995 | 2,729 | 29.5% |
Top Suppliers of Life-Jackets and Life-Belts to Qatar in 2022:
- China (252.3 tons)
- India (148.2 tons)
- Pakistan (3.9 tons)
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