Feb 6, 2025
Ball bearing imports into Qatar declined rapidly to 157 tons in 2024, shrinking by -21.3% on 2023 figures. Over the period under review, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 113% against the previous year. As a result, imports reached the peak of 356 tons. From 2022 to 2024, the growth of imports remained at a somewhat lower figure.
In value terms, ball bearing imports stood at $4.8M (IndexBox estimates) in 2024. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 69%. As a result, imports reached the peak of $5.7M. From 2022 to 2024, the growth of imports remained at a lower figure.
In 2023, the ball bearing price amounted to $23,015 per ton (CIF, Qatar), waning by -6.8% against the previous year. Over the period from 2014 to 2023, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2022 an increase of 54%. As a result, import price attained the peak level of $24,691 per ton, and then fell in the following year.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was China ($27,660 per ton), while Indonesia ($7,993 per ton) was amongst the lowest.
From 2014 to 2023, the most notable rate of growth in terms of prices was attained by China (+2.9%), while the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the ball bearing market in Qatar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition
PRO
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition
PRO
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition
PRO
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition
PRO
Pexels/Fatjon Shullazi The Qatar stopover discount scheme allows tourists to book hotel rooms from as little as $14 10,5
In their editorial coverage on Thursday, Qatari newspapers highlighted the recent phone conversation between His Majesty King Abdullah
A newly announced agreement incentivizing CNN to operate in Qatar is raising questions among media observers about whether the network’s partnership cou
Ammon News - In their editorial coverage on Thursday, Qatari newspapers highlighted the recent phone conversation between His Majesty King Abdullah II and Qat