Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Qatar - 2023
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Qatar (CIF) - 2023
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Qatar
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Qatar (CIF) - 2023
The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $18,283 per ton in October 2023, rising by 235% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 381% month-to-month. As a result, import price reached the peak level of $23,155 per ton. From May 2023 to October 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($106K per ton), while the price for Australia ($5,205 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 South Africa (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Qatar
In 2022, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat into Qatar expanded remarkably to 623 tons, increasing by 7.7% compared with 2021. Overall, imports, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 98%.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat surged to $7.5M in 2022. In general, imports posted a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 144%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,133 | 990 | 2,075 | 2,981 | 11.8% |
| Australia | 703 | 346 | 929 | 1,741 | 35.3% |
| Netherlands | 182 | 68.2 | 225 | 1,291 | 92.1% |
| Brazil | 509 | 63.8 | 712 | 659 | 9.0% |
| Poland | 321 | 135 | 229 | 355 | 3.4% |
| India | 466 | 221 | 411 | 130 | -34.7% |
| Pakistan | N/A | 27.5 | N/A | 75.6 | 65.8% |
| Spain | 253 | N/A | 16.5 | 67.1 | -35.8% |
| Others | 179 | 84.5 | 126 | 184 | 0.9% |
| Total | 4,747 | 1,936 | 4,723 | 7,483 | 16.4% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Qatar in 2022:
- United States (179.7 tons)
- Australia (129.0 tons)
- Brazil (91.4 tons)
- Netherlands (89.0 tons)
- India (56.5 tons)
- Poland (27.8 tons)
- Pakistan (22.5 tons)
- Spain (11.8 tons)
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