Price for Cereals; Millet, Other than Seed in Qatar - 2023

Contents:

  1. Price for Cereals; Millet, Other than Seed in Qatar (CIF) - 2022
  2. Imports of Cereals; Millet, Other than Seed in Qatar

Price for Cereals; Millet, Other than Seed in Qatar (CIF) - 2022

In 2022, the average import price for cereals; millet, other than seeds amounted to $341 per ton, surging by 9.1% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 15%. The import price peaked at $599 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 India ($372 per ton), while the price for Ukraine ($192 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (-3.0%), while the prices for the other major suppliers experienced a decline.

Imports of Cereals; Millet, Other than Seed in Qatar

In 2022, cereals; millet, other than seed imports into Qatar skyrocketed to 1.7K tons, increasing by 20% on the previous year's figure. The total import volume increased at an average annual rate of +14.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 23%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, cereals; millet, other than seed imports soared to $580K in 2022. The total import value increased at an average annual rate of +13.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cereals; Millet, Other than Seed in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India10822829839253.7%
TurkeyN/AN/AN/A1200%
Ukraine19015114336.0-42.6%
Pakistan33.540.4N/A27.2-6.7%
Russia60.641.1N/AN/A-32.2%
OthersN/AN/AN/A3.90%
Total39246144158013.9%

Top Suppliers of Cereals; Millet, Other than Seed to Qatar in 2022:

  1. India (1053.5 tons)
  2. Turkey (348.7 tons)
  3. Ukraine (187.2 tons)
  4. Pakistan (104.5 tons)

Source: IndexBox Market Intelligence Platform

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