Key Market Indicators
Qatar's electrical equipment imports are projected to reach approximately $3.9 billion by 2028, up from $3.5 billion in 2023. This represents a compound annual growth rate (CAGR) of 1.8%. Since 2005, the country's demand for electrical equipment has grown at an annual rate of 3%. On the export front, Qatar's electrical equipment exports plummeted to around $151,000 in 2018, down from $592,000 in 2017. This marked a steep year-on-year decline of 74.5%. Since 2005, Qatar's supply of electrical equipment has decreased at an average annual rate of 36.7%.
