Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Qatar - 2023
Contents:
- Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Qatar (CIF) - 2023
- Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Qatar
Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Qatar (CIF) - 2023
In October 2023, the average import price for fresh or chilled carcasses and half-carcasses of bovine meat amounted to $3,800 per ton, with an increase of 2.2% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 3.9% against the previous month. As a result, import price reached the peak level of $4,027 per ton. From March 2023 to October 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Pakistan ($3,787 per ton), while the price for Egypt stood at $3,655 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Pakistan (-0.1%).
Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Qatar
For the fourth year in a row, Qatar recorded growth in purchases abroad of fresh or chilled carcasses and half-carcasses of bovine meat, which increased by 4.2% to 6.2K tons in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 58%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of fresh or chilled carcasses and half-carcasses of bovine meat fell slightly to $24M in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 101% against the previous year. As a result, imports reached the peak of $25M, and then dropped in the following year.
| Import of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 5.3 | 11.1 | 17.3 | 21.2 | 58.7% |
| Tanzania | N/A | N/A | 2.8 | 1.5 | -46.4% |
| South Africa | N/A | 0.1 | 0.1 | 0.8 | 182.8% |
| Sudan | 2.8 | 1.0 | 1.2 | 0.3 | -52.5% |
| Others | 1.5 | 0.3 | 3.7 | 0.6 | -26.3% |
| Total | 9.5 | 12.5 | 25.1 | 24.4 | 36.9% |
Top Suppliers of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat to Qatar in 2022:
- Pakistan (5.7K tons)
- Tanzania (0.3K tons)
- Sudan (0.1K tons)
- South Africa (0.1K tons)
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