Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Qatar - 2022

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Qatar (CIF) - 2022

The average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $1,290 per ton in April 2022, remaining stable against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2021 when the average import price increased by 4.1% against the previous month. Over the period under review, average import prices hit record highs at $1,601 per ton in September 2021; however, from October 2021 to April 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From April 2021 to April 2022, the rate of growth in terms of prices for Slovenia amounted to +0.1% per month.

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Qatar

In 2022, overseas purchases of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses decreased by -53.9% to 404 tons, falling for the second year in a row after two years of growth. Overall, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 279%. As a result, imports reached the peak of 902 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses fell remarkably to $525K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 359% against the previous year.