Price for Sheep and Goats; Live in Qatar - 2023

Contents:

1. Price for Sheep and Goats; Live in Qatar (CIF) - 2023
2. Price for Sheep and Goats; Live in Qatar (FOB) - 2023
3. Imports of Sheep and Goats; Live in Qatar
4. Exports of Sheep and Goats; Live in Qatar

Price for Sheep and Goats; Live in Qatar (CIF) - 2023

In August 2023, the average sheep and goats; live import price amounted to $158 per unit, dropping by -28.6% against the previous month. Overall, the import price, however, continues to indicate modest growth. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 1,347% against the previous month. As a result, import price reached the peak level of $1,905 per unit. From October 2022 to August 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was South Africa ($380 per unit), while the price for the United Arab Emirates ($116 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Jordan (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sheep and Goats; Live in Qatar (FOB) - 2023

In June 2023, the average sheep and goats; live export price amounted to $109 per unit, remaining relatively unchanged against the previous month. Over the period under review, the export price enjoyed a slight expansion. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 70% against the previous month. As a result, the export price reached the peak level of $146 per unit. From February 2023 to June 2023, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From June 2022 to June 2023, the rate of growth in terms of prices for Saudi Arabia amounted to +1.1% per month.

Imports of Sheep and Goats; Live in Qatar

Sheep and goats; live imports into Qatar fell to 947K units in 2022, with a decrease of -3.9% compared with the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. As a result, imports reached the peak of 985K units, and then reduced modestly in the following year.

In value terms, sheep and goats; live imports soared to $109M in 2022. Overall, imports showed a abrupt setback. Imports peaked at $140M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Sheep and Goats; Live to Qatar in 2022:

1. Turkey (515.9K units)
2. Oman (93.7K units)
3. Somalia (87.7K units)
4. Jordan (62.5K units)
5. Australia (60.2K units)
6. Armenia (57.1K units)
7. Sudan (24.6K units)
8. Iran (21.2K units)

Exports of Sheep and Goats; Live in Qatar

Sheep and goats; live exports from Qatar skyrocketed to 28K units in 2022, rising by 1,222% against the year before. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sheep and goats; live exports dropped markedly to $101K in 2022. Overall, exports, however, faced a precipitous decline. Over the period under review, the exports attained the maximum at $202K in 2021, and then contracted significantly in the following year.

Top Export Markets for Sheep and Goats; Live from Qatar in 2022:

1. Bahrain (27.8K units)

Source: IndexBox Market Intelligence Platform