Price for Cereal Groats; Meal and Pellets in Qatar - 2023
Contents:
- Price for Cereal Groats; Meal and Pellets in Qatar (CIF) - 2022
- Imports of Cereal Groats; Meal and Pellets in Qatar
Price for Cereal Groats; Meal and Pellets in Qatar (CIF) - 2022
The average import price for cereal groats; meal and pelletses stood at $724 per ton in 2022, with an increase of 62% against the previous year. Over the period under review, the import price continues to indicate a notable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($5,016 per ton), while the price for India ($487 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+222.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereal Groats; Meal and Pellets in Qatar
In 2022, overseas purchases of cereal groats; meal and pelletses decreased by -40.3% to 1.5K tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a noticeable expansion. The growth pace was the most rapid in 2020 with an increase of 181%. As a result, imports attained the peak of 3.9K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereal groats; meal and pellets imports fell slightly to $1.1M in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 216%. As a result, imports reached the peak of $1.9M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Cereal Groats; Meal and Pellets in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 470 | 551 | 659 | 404 | -4.9% |
| Turkey | N/A | 102 | 83.1 | 200 | 40.0% |
| Italy | N/A | 23.3 | 30.3 | 151 | 154.6% |
| Tunisia | N/A | 49.0 | 52.9 | 127 | 61.0% |
| Malaysia | 116 | 132 | 88.2 | 89.6 | -8.2% |
| Morocco | N/A | N/A | 17.5 | 38.3 | 118.9% |
| United States | N/A | 864 | 9.1 | 7.0 | -91.0% |
| Others | 14.3 | 177 | 174 | 57.0 | 58.6% |
| Total | 601 | 1,898 | 1,114 | 1,075 | 21.4% |
Top Suppliers of Cereal Groats; Meal and Pellets to Qatar in 2022:
- India (830.1 tons)
- Turkey (261.2 tons)
- Italy (181.2 tons)
- Tunisia (95.7 tons)
- Malaysia (54.6 tons)
- Morocco (32.9 tons)
- United States (1.4 tons)
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