Qatar - Spices - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpice Price in Qatar - 2023
Contents:
- Spice Price in Qatar (CIF) - 2022
- Spice Price in Qatar (FOB) - 2022
- Spice Imports in Qatar
- Spice Exports in Qatar
Spice Price in Qatar (CIF) - 2022
The average spice import price stood at $2,885 per ton in 2022, rising by 11% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spice import price increased by +58.4% against 2016 indices. The pace of growth was the most pronounced in 2020 an increase of 28% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Guatemala ($14,344 per ton), while the price for China ($734 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Spice Price in Qatar (FOB) - 2022
In 2022, the average spice export price amounted to $4,657 per ton, waning by -71.8% against the previous year. In general, the export price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 a decrease of -47.2% against the previous year. Over the period under review, the average export prices reached the peak figure at $31,315 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($17,762 per ton), while the average price for exports to Bosnia and Herzegovina totaled $2,791 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+61.2%), while the prices for the other major destinations experienced mixed trend patterns.
Spice Imports in Qatar
In 2022, purchases abroad of spices was finally on the rise to reach 16K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a mild decrease.
In value terms, spice imports skyrocketed to $46M in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Spice in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 12.2 | 12.7 | 12.5 | 14.5 | 5.9% |
| Guatemala | 9.5 | 11.3 | 5.6 | 9.1 | -1.4% |
| China | 4.5 | 6.2 | 4.4 | 5.0 | 3.6% |
| Pakistan | 1.0 | 1.1 | 1.7 | 2.4 | 33.9% |
| Vietnam | 0.8 | 1.2 | 1.3 | 1.8 | 31.0% |
| Bangladesh | 0.9 | 0.7 | 0.9 | 0.8 | -3.9% |
| Jordan | 0.7 | 0.9 | 0.9 | 0.7 | 0.0% |
| Others | 5.2 | 6.5 | 8.7 | 11.5 | 30.3% |
| Total | 34.8 | 40.7 | 36.1 | 45.8 | 9.6% |
Top Suppliers of Spice to Qatar in 2022:
- China (6.8K tons)
- India (5.4K tons)
- Bangladesh (0.6K tons)
- Guatemala (0.6K tons)
- Pakistan (0.5K tons)
- Vietnam (0.5K tons)
- Jordan (0.2K tons)
Spice Exports in Qatar
In 2022, shipments abroad of spices decreased by -1.5% to 40 tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 375%. As a result, the exports attained the peak of 41 tons, and then declined slightly in the following year.
In value terms, spice exports declined significantly to $186K in 2022. Overall, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 151%. As a result, the exports reached the peak of $671K, and then declined rapidly in the following year.
| Export of Spice in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Bosnia and Herzegovina | N/A | N/A | 97.7 | 0% | |
| India | 268 | 479 | 88.2 | -42.6% | |
| United Arab Emirates | N/A | 81.4 | N/A | 0% | |
| Saudi Arabia | N/A | 111 | N/A | 0% | |
| Others | N/A | N/A | 0.4 | 0% | |
| Total | 268 | 671 | 186 | -16.7% | |
Top Export Markets for Spice from Qatar in 2022:
- Bosnia and Herzegovina (35.0 tons)
- India (5.0 tons)
This report provides an in-depth analysis of the spice market in Qatar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 687 - Pepper
- FCL 689 - Pimento
- FCL 692 - Vanilla
- FCL 693 - Cinnamon (canella)
- FCL 698 - Cloves
- FCL 702 - Nutmeg, mace, cardamoms
- FCL 711 - Anise, badian, fennel
- FCL 720 - Ginger
- FCL 723 - Spices nes
Country coverage:
- Qatar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Qatar
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
1686
This report provides an in-depth analysis of the spice market in Qatar.
911
This report provides an in-depth analysis of the piper pepper market in Qatar.
477
This report provides an in-depth analysis of the pimenta pepper market in Qatar.
5019
This report provides an in-depth analysis of the global spice market.
6739
This report provides an in-depth analysis of the global piper pepper market.
897
This report provides an in-depth analysis of the global pimenta pepper market.
1686
This report provides an in-depth analysis of the spice market in Qatar.
911
This report provides an in-depth analysis of the piper pepper market in Qatar.
477
This report provides an in-depth analysis of the pimenta pepper market in Qatar.
5019
This report provides an in-depth analysis of the global spice market.
505
In October 2023, the imports of Piper Pepper experienced significant growth, reaching a value of $298K.
58
Imports of Pimenta Pepper reached an all-time high in 2023 and are projected to continue growing steadily in the future. The value of Pimenta Pepper imports surged to $6 million in 2023.
490
Explore the top import markets for spice worldwide, including the United States, India, China, Germany, and the United Arab Emirates. Discover key statistics and market insights from the IndexBox market intelligence platform.
406
The global spice market is forecast to reach a value of $54.1 billion by 2030, growing at a CAGR of around 4.1% during 2022-2030.
3079
The global spice market is expected to grow at a CAGR of over 3.5% from 2022 to 2025.
1089
Among leading importers, China, India, and the U.S. saw the highest growth rates of imports over the past decade.
764
The lockdown caused a surge in household demand, and the costs of some spices were going through the roof during the pandemic.
1168
The global spice market amounted to $33.1B in 2019, leveling off at the previous year. This figure reflects the total...
1115
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
4995
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
