Price for Frozen Sheep (Including Lamb) Boneless Cuts in Qatar - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Boneless Cuts in Qatar (CIF) - 2023
- Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Qatar
Price for Frozen Sheep (Including Lamb) Boneless Cuts in Qatar (CIF) - 2023
The average import price for frozen sheep (including lamb) boneless cutses stood at $7,661 per ton in October 2023, with an increase of 12% against the previous month. In general, the import price, however, recorded a slight slump. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 608% month-to-month. As a result, import price attained the peak level of $23,820 per ton. From June 2023 to October 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Lebanon ($10,905 per ton), while the price for Australia ($6,559 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 Lebanon (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Frozen Sheep (Including Lamb) Boneless Cuts in Qatar
In 2022, imports of frozen sheep (including lamb) boneless cutses into Qatar soared to 706 tons, rising by 48% compared with the previous year. Overall, imports, however, continue to indicate a slight contraction.
In value terms, imports of frozen sheep (including lamb) boneless cutses surged to $5.2M in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 61%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Frozen Sheep (Including Lamb) Boneless Cuts in Qatar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 3,205 | 1,673 | 2,794 | 3,689 | 4.8% |
New Zealand | 903 | 409 | 563 | 515 | -17.1% |
Spain | N/A | 77.9 | N/A | 343 | 109.8% |
China | N/A | N/A | 90.1 | 239 | 165.3% |
Oman | 107 | 73.5 | 165 | 176 | 18.0% |
Turkey | N/A | 16.8 | N/A | 153 | 201.8% |
India | N/A | N/A | N/A | 66.4 | 0% |
Jordan | 812 | N/A | N/A | N/A | 0% |
Others | 35.2 | N/A | N/A | N/A | 0% |
Total | 5,062 | 2,250 | 3,612 | 5,181 | 0.8% |
Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to Qatar in 2022:
- Australia (372.7 tons)
- Oman (140.4 tons)
- Spain (73.5 tons)
- China (59.6 tons)
- New Zealand (43.4 tons)
- India (28.5 tons)
- Turkey (26.1 tons)
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Imports of Lamb and Sheep Meat reached their peak at 31K tons in 2018, but from 2019 to 2023, imports stayed at a lower level. In terms of value, the imports significantly declined to $124M in 2023.
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From April 2023 to October 2023, the imports of Sheep and Goat Meat saw a noteworthy increase, reaching $11M in October 2023 despite overall import growth remaining low during this period.
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