Updated Nov 11, 2022 01:27

Mixtures Of Slag Market in Qatar

Market Overview
The Qatari mixtures of slag 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). In general, consumption, however, showed a sharp slump. As a result, consumption reached the peak level of $. From 2009 to , the growth of the market failed to regain momentum.


Consumption
In , the amount of mixtures of slag consumed in Qatar surged to tons, jumping by % compared with figures. Overall, consumption, however, continues to indicate a sharp curtailment. Over the period under review, consumption attained the maximum volume at tons in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.

The value of the mixtures of slag market in Qatar soared to $ in , rising 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). Over the period under review, consumption, however, continues to indicate a precipitous decline. As a result, consumption reached the peak level of $. From 2009 to , the growth of the market remained at a somewhat lower figure.


Market Forecast
Depressed by shrinking demand for mixtures of slag in Qatar, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the 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
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. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately ( percentage point) over the period under review.


Trade Balance
Qatar remains a net importer of mixtures of slag; 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.