Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Qatar - 2023
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Qatar (CIF) - 2023
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Qatar
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Qatar (CIF) - 2023
In October 2023, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $4,793 per ton, increasing by 2.3% against the previous month. Over the period under review, the import price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 4.9% against the previous month. Over the period under review, average import prices reached the peak figure at $6,081 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was the United Arab Emirates ($5,145 per ton), while the price for Vietnam ($4,547 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 Arab Emirates (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Qatar
In 2022, approx. 2.3K tons of nuts, edible; cashew nuts, shelled, fresh or drieds were imported into Qatar; jumping by 33% against 2021. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.7% 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 +74.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds surged to $14M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +83.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.6 | 5.8 | 8.2 | 9.6 | 8.1% |
| Nigeria | N/A | N/A | N/A | 1.7 | 0% |
| Vietnam | 1.0 | 0.9 | 0.9 | 1.6 | 17.0% |
| Cote d'Ivoire | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.5 | 0.7 | 0.7 | 0.5 | 0.0% |
| Total | 9.1 | 7.4 | 9.9 | 13.6 | 14.3% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Qatar in 2022:
- India (1719.5 tons)
- Vietnam (272.9 tons)
- Nigeria (244.1 tons)
- Cote d'Ivoire (36.6 tons)
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