Price for Fish Meal; Fit for Human Consumption in Qatar - 2022

Contents:

1. Price for Fish Meal; Fit for Human Consumption in Qatar (CIF) - 2022
2. Imports of Fish Meal; Fit for Human Consumption in Qatar

Price for Fish Meal; Fit for Human Consumption in Qatar (CIF) - 2022

In 2022, the average import price for fish meal; fit for human consumptia amounted to $4,677 per ton, jumping by 71% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt curtailment. Over the period under review, average import prices hit record highs at $17,404 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kuwait ($13,804 per ton), while the price for the Philippines stood at $2,465 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+47.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fish Meal; Fit for Human Consumption in Qatar

For the fourth year in a row, Qatar recorded growth in supplies from abroad of fish meal; fit for human consumptia, which increased by 46% to 13 tons in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 488% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of fish meal; fit for human consumptia soared to $59K in 2022. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fish Meal; Fit for Human Consumption to Qatar in 2022:

1. Philippines (10.1 tons)
2. Kuwait (2.4 tons)

Source: IndexBox Market Intelligence Platform