Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Qatar - 2023
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Qatar (CIF) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Qatar
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Qatar (CIF) - 2022
In 2022, the average import price for machines and mechanical appliances; parts, of those having individual functionses amounted to $34,796 per ton, surging by 20% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machines and mechanical appliances; parts, of those having individual functionses decreased by -19.3% against 2018 indices. The growth pace was the most rapid in 2016 an increase of 44%. The import price peaked at $43,095 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 the United States ($117,282 per ton), while the price for India ($7,297 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Qatar
Imports of machines and mechanical appliances; parts, of those having individual functionses into Qatar dropped significantly to 744 tons in 2022, with a decrease of -19.5% against 2021 figures. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 38%. As a result, imports attained the peak of 924 tons, and then fell sharply in the following year.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses declined to $26M in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 15% against the previous year. As a result, imports reached the peak of $27M, and then declined modestly in the following year.
Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Qatar (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.5 | 7.0 | 5.2 | 9.0 | 17.8% |
Germany | 3.6 | 2.5 | 6.4 | 3.2 | -3.9% |
Norway | 2.6 | 2.4 | 2.7 | 2.8 | 2.5% |
Italy | 2.3 | 1.5 | 2.2 | 1.7 | -9.6% |
China | 1.3 | 0.8 | 1.5 | 1.4 | 2.5% |
United Kingdom | 1.3 | 0.9 | 0.8 | 1.1 | -5.4% |
Singapore | 1.4 | 1.7 | 1.2 | 1.0 | -10.6% |
India | 0.5 | 0.4 | 0.5 | 1.0 | 26.0% |
Mexico | 0.3 | 0.3 | 0.3 | 0.6 | 26.0% |
Spain | 0.1 | 0.2 | 0.7 | 0.3 | 44.2% |
Slovakia | 0.3 | N/A | N/A | 0.2 | -12.6% |
Bosnia and Herzegovina | 0.8 | 1.9 | 0.4 | N/A | -29.3% |
Others | 3.1 | 3.6 | 4.9 | 3.6 | 5.1% |
Total | 23.2 | 23.3 | 26.8 | 25.9 | 3.7% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Qatar in 2022:
- Germany (145.7 tons)
- India (135.2 tons)
- China (132.9 tons)
- Italy (85.7 tons)
- United States (76.5 tons)
- Norway (41.8 tons)
- Singapore (17.3 tons)
- United Kingdom (15.9 tons)
- Spain (11.9 tons)
- Mexico (10.3 tons)
- Slovakia (6.7 tons)
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