Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Qatar - 2023
Contents:
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Qatar (CIF) - 2023
- Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Qatar
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Qatar (CIF) - 2023
In October 2023, the average import price for fresh or chilled sheep (including lamb) boneless cutses amounted to $17,320 per ton, growing by 71% against the previous month. Over the period under review, import price indicated perceptible growth from October 2022 to October 2023: its price increased at an average monthly rate of +4.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for fresh or chilled sheep (including lamb) boneless cutses increased by +85.4% against July 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($40,562 per ton), while the price for Australia stood at $9,302 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (0.0%), while the prices for the other major suppliers experienced a decline.
Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Qatar
In 2022, the amount of fresh or chilled sheep (including lamb) boneless cutses imported into Qatar fell sharply to 129 tons, with a decrease of -33.7% compared with 2021. Over the period under review, imports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of 330%. As a result, imports reached the peak of 194 tons, and then shrank markedly in the following year.
In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses declined markedly to $1.5M in 2022. In general, imports, however, showed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 344%. As a result, imports attained the peak of $2M, and then reduced rapidly in the following year.
| Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 633 | 325 | 1,406 | 1,054 | 18.5% |
| South Africa | N/A | 19.7 | 370 | 195 | 214.6% |
| New Zealand | 176 | 51.3 | 123 | 139 | -7.6% |
| Paraguay | N/A | 39.3 | 82.0 | 106 | 64.2% |
| Jordan | 66.5 | N/A | N/A | N/A | 0% |
| Brazil | 271 | N/A | N/A | N/A | 0% |
| Others | 16.8 | 19.9 | 39.9 | 25.8 | 15.4% |
| Total | 1,163 | 455 | 2,021 | 1,520 | 9.3% |
Top Suppliers of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts to Qatar in 2022:
- Australia (82.8 tons)
- South Africa (20.4 tons)
- New Zealand (15.1 tons)
- Paraguay (8.7 tons)
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