Price for Iron Oxides and Hydroxides in Qatar - 2023
Contents:
- Price for Iron Oxides and Hydroxides in Qatar (CIF) - 2022
- Imports of Iron Oxides and Hydroxides in Qatar
Price for Iron Oxides and Hydroxides in Qatar (CIF) - 2022
The average iron oxides and hydroxides import price stood at $1,403 per ton in 2022, dropping by -13.6% against the previous year. In general, the import price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2017 an increase of 58%. As a result, import price attained the peak level of $1,991 per ton. From 2018 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 Germany ($2,141 per ton), while the price for China ($1,214 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Iron Oxides and Hydroxides in Qatar
In 2022, approx. 620 tons of iron oxides and hydroxideses were imported into Qatar; jumping by 77% on the previous year. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 442% against the previous year. As a result, imports reached the peak of 1.1K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, iron oxides and hydroxides imports skyrocketed to $869K in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 303%. As a result, imports reached the peak of $1.6M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Iron Oxides and Hydroxides in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 122 | 63.9 | 274 | 374 | 45.3% |
| United States | N/A | 192 | N/A | 358 | 36.5% |
| Germany | 145 | 1,332 | 205 | 66.3 | -23.0% |
| India | 46.0 | 32.7 | 33.8 | 35.2 | -8.5% |
| Others | 89.6 | N/A | 56.5 | 35.3 | -26.7% |
| Total | 402 | 1,620 | 570 | 869 | 29.3% |
Top Suppliers of Iron Oxides and Hydroxides to Qatar in 2022:
- China (308.4 tons)
- United States (253.7 tons)
- Germany (31.0 tons)
- India (18.2 tons)
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