Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Qatar - 2023

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Qatar (CIF) - 2022

The average import price for tubes, pipes and hollow profiles, of cast iron stood at $1,364 per ton in 2022, jumping by 25% against the previous year. In general, the import price, however, showed a mild decline. Over the period under review, average import prices attained the peak figure at $1,648 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($2,179 per ton), while the price for India ($1,044 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Qatar (FOB) - 2022

In 2020, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $961 per ton, dropping by -29.5% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 118%. As a result, the export price attained the peak level of $1,364 per ton, and then shrank notably in the following year.

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

From 2012 to 2020, the rate of growth in terms of prices for the UK amounted to +38.2% per year.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Qatar

In 2022, imports of tubes, pipes and hollow profiles, of cast iron into Qatar expanded remarkably to 23K tons, with an increase of 11% on the previous year. In general, imports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 66%. As a result, imports attained the peak of 50K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron reached $24M in 2022. Overall, imports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2020 when imports increased by 36% against the previous year. As a result, imports reached the peak of $54M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Qatar (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2.7	29.0	2.9	10.3	56.3%
Oman	1.8	3.8	6.0	6.3	51.8%
India	19.3	10.5	5.7	4.9	-36.7%
Japan	0.1	0.1	0.2	0.6	81.7%
France	10.2	4.4	4.5	0.5	-63.4%
United States	3.5	3.6	0.3	0.2	-61.5%
Iran	0.5	1.6	0.7	0.1	-41.5%
Others	1.8	1.3	1.9	1.4	-8.0%
Total	39.7	54.2	22.2	24.5	-14.9%

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Qatar in 2022:

China (6.4K tons)
Oman (5.8K tons)
India (4.7K tons)
Japan (0.6K tons)
France (0.2K tons)
Iran (0.1K tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Qatar

In 2020, approx. 84 tons of tubes, pipes and hollow profiles, of cast iron were exported from Qatar; reducing by -35.9% on 2019. Overall, exports continue to indicate a significant decrease.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron shrank remarkably to $81K in 2020. In general, exports saw a dramatic descent.