Feb 3, 2025
In 2024, after two years of growth, there was significant decline in overseas purchases of esters of methacrylic acid, when their volume decreased by -61% to 43 tons. Over the period under review, imports showed a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 415% against the previous year. Imports peaked at 361 tons in 2014; however, from 2015 to 2024, imports remained at a lower figure.
In value terms, methacrylic acid esters imports fell markedly to $151K (IndexBox estimates) in 2024. In general, imports faced a sharp curtailment. The growth pace was the most rapid in 2017 when imports increased by 2,540% against the previous year. Imports peaked at $2.6M in 2014; however, from 2015 to 2024, imports failed to regain momentum.
In 2023, the UK (108 tons) was the main supplier of methacrylic acid esters to Qatar, accounting for a 98% share of total imports. It was followed by Germany (2.7 tons), with a 2.4% share of total imports.
From 2014 to 2023, the average annual growth rate of volume from the UK totaled +49.2%.
In value terms, the UK ($463K) constituted the largest supplier of esters of methacrylic acid to Qatar, comprising 91% of total imports. The second position in the ranking was held by Germany ($48K), with a 9.4% share of total imports.
From 2014 to 2023, the average annual rate of growth in terms of value from the UK stood at +64.1%.
In 2023, the methacrylic acid esters price amounted to $4,614 per ton (CIF, Qatar), growing by 5.7% against the previous year. Overall, the import price, however, showed a pronounced descent. The growth pace was the most rapid in 2017 an increase of 418% against the previous year. Over the period under review, average import prices reached the maximum at $12,528 per ton in 2020; however, from 2021 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($17,740 per ton), while the price for the UK stood at $4,286 per ton.
From 2014 to 2023, the most notable rate of growth in terms of prices was attained by the UK (+10.0%).
This report provides an in-depth analysis of the methacrylic acid esters 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
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Choosing the Best Countries to Establish Your Sustainable Supply Chain
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Choosing the Best Countries to Boost Your Exports
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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
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