Updated Mar 12, 2023 03:29

Kaolin Market in Qatar

Market Overview
The Qatari kaolin market soared to $ in , jumping by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a prominent expansion. Kaolin consumption peaked in and is likely to continue growth in years to come.


Consumption
Kaolin consumption in Qatar surged to tons in , growing by % against the year before. Over the period under review, consumption posted a prominent increase. As a result, consumption attained the peak volume of tons. From to , the growth of the consumption remained at a somewhat lower figure.

The size of the kaolin market in Qatar soared to $ in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a buoyant expansion. Over the period under review, the market attained the peak level in and is likely to continue growth in the near future.


Market Forecast
The kaolin market is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Kaolin market in Qatar remained dependent on supplies from foreign countries. In , the share of imports in total consumption was % in value terms and % in physical terms. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.


Trade Balance
Qatar remains a net importer of kaolin; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.