Price for Animal Products; Bovine Semen in Qatar - 2023

Contents:

  1. Price for Animal Products; Bovine Semen in Qatar (CIF) - 2023
  2. Imports of Animal Products; Bovine Semen in Qatar

Price for Animal Products; Bovine Semen in Qatar (CIF) - 2023

In July 2023, the average animal products; bovine semen import price amounted to $1.4 per unit, increasing by 304% against the previous month. Overall, the import price, however, recorded a abrupt slump. Over the period under review, average import prices attained the peak figure at $9.3 per unit in September 2022; however, from October 2022 to July 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From July 2022 to July 2023, the rate of growth in terms of prices for Canada amounted to 0.0% per month.

Imports of Animal Products; Bovine Semen in Qatar

In 2022, overseas purchases of animal products; bovine semens decreased by -18.1% to 813 units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports reached the peak of 993 units, and then fell markedly in the following year.

In value terms, animal products; bovine semen imports declined dramatically to $335K in 2022. Overall, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 28%. As a result, imports attained the peak of $556K, and then contracted significantly in the following year.

Import of Animal Products; Bovine Semen in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3143775223352.2%
Canada48.058.434.9N/A-14.7%
Others124N/AN/AN/A0%
Total487435556335-11.7%

Top Suppliers of Animal Products; Bovine Semen to Qatar in 2022:

  1. United States (813.0 units)

Source: IndexBox Market Intelligence Platform

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