Price for Steel, Stainless; Angles, Shapes and Sections in Qatar - 2023

Contents:

  1. Price for Steel, Stainless; Angles, Shapes and Sections in Qatar (CIF) - 2022
  2. Imports of Steel, Stainless; Angles, Shapes and Sections in Qatar

Price for Steel, Stainless; Angles, Shapes and Sections in Qatar (CIF) - 2022

The average import price for steel, stainless stood at $5,503 per ton in 2022, increasing by 230% against the previous year. Overall, the import price saw significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Oman ($23,350 per ton), while the price for Spain ($3,764 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+39.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Steel, Stainless; Angles, Shapes and Sections in Qatar

After three years of growth, overseas purchases of steel, stainless decreased by -82.2% to 342 tons in 2022. Over the period under review, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 536%. As a result, imports attained the peak of 1.9K tons, and then plummeted in the following year.

In value terms, imports of steel, stainless declined dramatically to $1.7M in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 113%. As a result, imports reached the peak of $3.2M, and then contracted rapidly in the following year.

Import of Steel, Stainless; Angles, Shapes and Sections in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain23.9691412695207.5%
China14986.32,05827522.7%
India366225111255-11.3%
OmanN/AN/A28631.5-89.0%
Turkey14376.631.3N/A-53.2%
Others20542630142827.8%
Total8871,5043,1981,68523.8%

Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Qatar in 2022:

  1. Spain (184.7 tons)
  2. China (68.8 tons)
  3. India (37.7 tons)
  4. Oman (1.3 tons)

Source: IndexBox Market Intelligence Platform

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