Qatar’s Import Unit Value Index (IMUVI) increased by 0.74% on an annualised basis during the first quarter of this year, according to the official statistics.
The country's IMUVI rose 0.44% quarter-on-quarter during Q1, 2022, said the figures released by the Planning and Statistics Authority (PSA).
IMUVI contains ten main groups classified on the basis of the Standard International Trade Classification (SITC).
On a yearly basis, the increase in the IMUVI, primarily due to 3.64% surge in the unit value of machinery and transport, 1.85% in beverages and tobacco and 0.78% in chemicals and related products.
Nevertheless, a decrease has been recorded in crude materials, inedible, except fuels nu 8.67%; mineral fuels, lubricants and related materials 2.91%, manufactured products 2.56%, miscellaneous manufactured articles 0.45%, and food and live animals 0.4%.
No change noticed in “animal and vegetable oils, fats and waxes" and “commodities and transactions not classified elsewhere in SITC.
On a quarterly basis, the unit value of "animal and vegetable oils, fats and waxes rose 3.03%, chemicals and related products 2.14%, beverages and tobacco 1.85%, food and live animals 1.48% and machinery and transport equipment 0.84%.
However, a 2.7% decrease has been recorded in mineral fuels, lubricants and related materials; 1.59% in crude materials, inedible, except fuels; 0.74% in manufactured goods classified chiefly by material and 0.37% in miscellaneous manufactured articles.