Price for Food Preparations Not Elsewhere Specified or Included in Qatar - 2023

Contents:

  1. Price for Food Preparations Not Elsewhere Specified or Included in Qatar (CIF) - 2023
  2. Price for Food Preparations Not Elsewhere Specified or Included in Qatar (FOB) - 2022
  3. Imports of Food Preparations Not Elsewhere Specified or Included in Qatar
  4. Exports of Food Preparations Not Elsewhere Specified or Included in Qatar

Price for Food Preparations Not Elsewhere Specified or Included in Qatar (CIF) - 2023

In October 2023, the average import price for food preparations not elsewhere specified or included amounted to $7,808 per ton, rising by 11% against the previous month. Overall, the import price, however, saw a pronounced descent. The pace of growth appeared the most rapid in March 2023 an increase of 111% month-to-month. The import price peaked at $18,725 per ton in May 2023; however, from June 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($68,276 per ton), while the price for Jordan ($2,340 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Food Preparations Not Elsewhere Specified or Included in Qatar (FOB) - 2022

In 2022, the average export price for food preparations not elsewhere specified or included amounted to $8,729 per ton, with an increase of 264% against the previous year. Overall, the export price continues to indicate significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($73,000 per ton), while the average price for exports to Ethiopia ($6,073 per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+2,967.2%).

Imports of Food Preparations Not Elsewhere Specified or Included in Qatar

In 2022, overseas purchases of food preparations not elsewhere specified or included were finally on the rise to reach 6.8K tons after two years of decline. In general, imports, however, saw a abrupt decrease.

In value terms, imports of food preparations not elsewhere specified or included rose significantly to $49M in 2022. Over the period under review, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year.

Import of Food Preparations Not Elsewhere Specified or Included in Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IrelandN/A0.113.214.91120.7%
India5.82.33.33.4-16.3%
Thailand3.82.62.13.0-7.6%
Sri Lanka1.92.01.92.36.6%
Pakistan4.42.41.31.9-24.4%
Italy2.41.62.11.3-18.5%
Malta1.11.11.01.22.9%
United States10.11.10.91.2-50.8%
Germany2.91.01.01.2-25.5%
Malaysia2.81.00.71.0-29.1%
Belgium1.10.70.91.0-3.1%
Lebanon0.70.30.30.5-10.6%
IranN/A0.10.10.4100.0%
Others20.515.014.115.4-9.1%
Total57.531.442.748.8-5.3%

Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Qatar in 2022:

  1. India (910.4 tons)
  2. Pakistan (793.8 tons)
  3. Thailand (689.0 tons)
  4. Italy (495.3 tons)
  5. Belgium (320.2 tons)
  6. Malaysia (319.3 tons)
  7. Sri Lanka (305.8 tons)
  8. Iran (271.2 tons)
  9. Ireland (246.3 tons)
  10. United States (207.8 tons)
  11. Lebanon (205.9 tons)
  12. Malta (183.0 tons)
  13. Germany (175.9 tons)

Exports of Food Preparations Not Elsewhere Specified or Included in Qatar

In 2022, approx. 9.4 tons of food preparations not elsewhere specified or included were exported from Qatar; with an increase of 41% compared with 2021. In general, exports, however, saw a precipitous slump.

In value terms, exports of food preparations not elsewhere specified or included skyrocketed to $82K in 2022. Over the period under review, exports, however, continue to indicate a abrupt decline.

Export of Food Preparations Not Elsewhere Specified or Included in Qatar (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
VietnamN/AN/A22.30%
IndonesiaN/AN/A16.30%
NepalN/AN/A1.90%
United StatesN/AN/A1.50%
EthiopiaN/AN/A0.50%
Turkey24.9N/A0.1-93.7%
United Arab EmiratesN/A16.00.1-99.4%
Kuwait45.4N/AN/A0%
Oman26.7N/AN/A0%
OthersN/AN/A39.40%
Total96.916.082.0-8.0%

Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Qatar in 2022:

  1. Vietnam (1.9 tons)
  2. Indonesia (1.3 tons)
  3. Nepal (0.2 tons)
  4. United States (0.1 tons)
  5. Ethiopia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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