Frozen Catfish Fillet Price in Qatar - 2023
Contents:
Frozen Catfish Fillet Price in Qatar (CIF) - 2023
In August 2023, the average frozen catfish fillet import price amounted to $2,085 per ton, jumping by 31% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 134% against the previous month. As a result, import price attained the peak level of $4,056 per ton. From March 2023 to August 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($5,898 per ton), while the price for Vietnam stood at $1,511 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Thailand (+1.4%), while the prices for the other major suppliers experienced a decline.
Frozen Catfish Fillet Imports in Qatar
In 2022, overseas purchases of frozen catfish fillets increased by 73% to 2.8K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen catfish fillet imports soared to $6.8M in 2022. In general, imports saw a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Catfish Fillet in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Vietnam | 4.1 | 2.6 | 2.1 | -28.4% | |
| Singapore | 0.2 | 0.7 | 1.3 | 155.0% | |
| Others | 0.1 | N/A | N/A | 0% | |
| Total | 4.3 | 3.3 | 3.4 | -11.1% | |
Top Suppliers of Frozen Catfish Fillet to Qatar in 2022:
- Vietnam (1494.3 tons)
- Singapore (121.4 tons)
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