Price for Meat of Bovine Animals; Frozen in Qatar - 2023
Contents:
- Price for Meat of Bovine Animals; Frozen in Qatar (CIF) - 2023
- Imports of Meat of Bovine Animals; Frozen in Qatar
Price for Meat of Bovine Animals; Frozen in Qatar (CIF) - 2023
In June 2023, the average import price for meat of bovine animals; frozen amounted to $3,415 per ton, falling by -38.6% against the previous month. Overall, the import price showed a noticeable downturn. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 37% against the previous month. The import price peaked at $6,811 per ton in July 2022; however, from August 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($7,708 per ton), while the price for Oman ($1,133 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Paraguay (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Meat of Bovine Animals; Frozen in Qatar
For the fourth year in a row, Qatar recorded growth in supplies from abroad of meat of bovine animals; frozen, which increased by 28% to 17K tons in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, meat of bovine animals; frozen imports surged to $92M in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Meat of Bovine Animals; Frozen in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 12.9 | 17.2 | 21.9 | 24.0 | 23.0% |
| Brazil | 8.5 | 10.9 | 9.5 | 22.4 | 38.1% |
| United States | 10.7 | 6.9 | 9.2 | 19.5 | 22.1% |
| Australia | 5.0 | 2.8 | 4.8 | 7.6 | 15.0% |
| Jordan | 2.3 | 3.3 | 5.0 | 5.5 | 33.7% |
| Denmark | N/A | N/A | N/A | 3.7 | 0% |
| Kuwait | 1.4 | 2.8 | 2.5 | 3.4 | 34.4% |
| Others | 4.6 | 4.0 | 6.5 | 6.0 | 9.3% |
| Total | 45.4 | 47.8 | 59.4 | 92.1 | 26.6% |
Top Suppliers of Meat of Bovine Animals; Frozen to Qatar in 2022:
- India (9.3K tons)
- Brazil (3.0K tons)
- United States (1.5K tons)
- Kuwait (0.9K tons)
- Jordan (0.8K tons)
- Denmark (0.7K tons)
- Australia (0.6K tons)
2293
This report provides an in-depth analysis of the beef market in Qatar.
685
This report provides an in-depth analysis of the beef market in Qatar.
4219
This report provides an in-depth analysis of the global beef market.
961
Global Beef Market Report 2019. This report provides an in-depth analysis of the global beef market.
428
This report provides an in-depth analysis of the frozen beef carcase market in Qatar.
497
Global Frozen Beef Carcase Market Report 2018. This report provides an in-depth analysis of the global frozen beef carcase market.
387
In April 2023, the beef price amounted to $5,543 per ton (CIF, Qatar), dropping by -3.4% against the previous month.
466
Explore the top import markets for beef, including China, the United States, South Korea, and more. Discover key statistics and figures from the IndexBox market intelligence platform.
697
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
1791
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
1310
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
3864
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
1647
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1971
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
1034
In 2015, the countries with the highest levels of production in 2015 were the United States (X thousand tons), Brazil (X thousand tons), China (X thousand tons), together accounting for X% of total output.
1252
France dominates in the global beef trade. In 2014, France exported X thousand tons of beef totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total beef exports in value terms
