Qatar: Market for Frozen, Dried And Smoked Fish 2024

Market Size for Frozen, Dried And Smoked Fish in Qatar

In 2023, after two years of growth, there was significant decline in the Qatari market for frozen, dried and smoked fish, when its value decreased by X% to $X. Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then contracted dramatically in the following year.

Production of Frozen, Dried And Smoked Fish in Qatar

In value terms, frozen, dried and smoked fish production amounted to $X in 2023 estimated in export price. In general, production recorded prominent growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Frozen, dried and smoked fish production peaked at $X in 2016; however, from 2017 to 2023, production failed to regain momentum.

Exports of Frozen, Dried And Smoked Fish

Exports from Qatar

In 2023, exports of frozen, dried and smoked fish from Qatar stood at X tons, approximately reflecting the year before. In general, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, frozen, dried and smoked fish exports fell to $X in 2023. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2022 with an increase of X%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

Oman (X tons) was the main destination for frozen, dried and smoked fish exports from Qatar, with a approx. X% share of total exports.

From 2014 to 2023, the average annual rate of growth in terms of volume to Oman was relatively modest.

In value terms, Oman ($X) emerged as the key foreign market for frozen, dried and smoked fish exports from Qatar.

From 2014 to 2023, the average annual growth rate of value to Oman was relatively modest.

Export Prices by Country

The average export price for frozen, dried and smoked fish stood at $X per ton in 2023, which is down by X% against the previous year. In general, the export price, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2022 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then contracted sharply in the following year.

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

From 2014 to 2023, the rate of growth in terms of prices for Kuwait amounted to X% per year.

Imports of Frozen, Dried And Smoked Fish

Imports into Qatar

In 2023, the amount of frozen, dried and smoked fish imported into Qatar dropped dramatically to X tons, waning by X% against the year before. Overall, total imports indicated a buoyant expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2022, and then shrank significantly in the following year.

In value terms, frozen, dried and smoked fish imports declined sharply to $X in 2023. In general, total imports indicated prominent growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2022 when imports increased by X%. As a result, imports reached the peak of $X, and then reduced rapidly in the following year.

Imports by Country

In 2023, Vietnam (X tons) constituted the largest frozen, dried and smoked fish supplier to Qatar, accounting for a X% share of total imports. Moreover, frozen, dried and smoked fish imports from Vietnam exceeded the figures recorded by the second-largest supplier, Thailand (X tons), twofold. Iran (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Vietnam amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Iran (X% per year).

In value terms, Vietnam ($X), Oman ($X) and India ($X) constituted the largest frozen, dried and smoked fish suppliers to Qatar, together comprising X% of total imports. Norway, Iran, Thailand, Ecuador, Taiwan (Chinese), China, Myanmar, the United Arab Emirates, Pakistan and Saudi Arabia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Ecuador, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average import price for frozen, dried and smoked fish amounted to $X per ton, remaining constant against the previous year. Over the period under review, the import price saw a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Norway ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform