Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Qatar - 2023

Contents:

  1. Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Qatar (CIF) - 2023
  2. Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Qatar (FOB) - 2023
  3. Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Qatar
  4. Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Qatar

Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Qatar (CIF) - 2023

The average import price for meat of sheep or goats; fresh, chilled or frozen stood at $4,918 per ton in October 2023, increasing by 11% against the previous month. In general, the import price, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 44% m-o-m. The import price peaked at $7,153 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Lebanon ($10,905 per ton), while the price for South Africa ($1,403 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 Lebanon (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Qatar (FOB) - 2023

In May 2023, the average export price for meat of sheep or goats; fresh, chilled or frozen amounted to $3,693 per ton, picking up by 58% against the previous month. Over the period under review, the export price, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 231% month-to-month. As a result, the export price attained the peak level of $16,242 per ton. From January 2023 to May 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In May 2023, the country with the highest price was Turkey ($5,736 per ton), while the average price for exports to India stood at $2,306 per ton.

From November 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Oman (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Qatar

In 2022, imports of meat of sheep or goats; fresh, chilled or frozen into Qatar skyrocketed to 6.3K tons, with an increase of 25% compared with the previous year. Over the period under review, imports, however, saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 34%.

In value terms, imports of meat of sheep or goats; fresh, chilled or frozen soared to $37M in 2022. In general, imports, however, saw a dramatic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 43%.

Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain4.32.97.05.911.1%
India10.03.64.85.3-19.1%
South Africa0.33.02.04.5146.6%
Australia1761.31.73.3-73.4%
Italy0.40.80.72.891.3%
Pakistan3.20.92.02.4-9.1%
Argentina0.70.61.01.837.0%
Sudan2.21.91.01.7-8.2%
TanzaniaN/A0.11.41.7312.3%
EthiopiaN/AN/A0.81.7112.5%
Others8.65.16.96.4-9.4%
Total20620.329.037.5-43.3%

Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Qatar in 2022:

  1. Spain (1191.3 tons)
  2. India (801.3 tons)
  3. Italy (548.5 tons)
  4. Pakistan (542.2 tons)
  5. South Africa (450.9 tons)
  6. Argentina (416.5 tons)
  7. Tanzania (387.7 tons)
  8. Australia (337.4 tons)
  9. Sudan (286.0 tons)
  10. Ethiopia (276.4 tons)

Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Qatar

In 2022, exports of meat of sheep or goats; fresh, chilled or frozen from Qatar skyrocketed to 51 tons, jumping by 230% against 2021. Overall, exports showed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of meat of sheep or goats; fresh, chilled or frozen soared to $176K in 2022. In general, exports, however, saw a pronounced contraction.

Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Qatar (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Oman93.617.717637.1%
Romania95.8N/AN/A0%
OthersN/AN/AN/A0%
Total18917.7176-3.5%

Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Qatar in 2022:

  1. Oman (50.8 tons)

Source: IndexBox Market Intelligence Platform

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