Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Qatar - 2023
Contents:
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Qatar (CIF) - 2023
- Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Qatar
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Qatar (CIF) - 2023
The average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $2,880 per ton in October 2023, rising by 26% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $3,219 per ton in April 2023; however, from May 2023 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Kuwait ($7,673 per ton), while the price for Bangladesh ($1,595 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 Kuwait (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Qatar
In 2022, approx. 1.8K tons of spices; fruits of the genus capsicum or pimenta, crushed or ground were imported into Qatar; growing by 16% against the previous year. The total import volume increased at an average annual rate of +11.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 30%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground soared to $4.5M in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 52%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,888 | 2,572 | 2,837 | 3,753 | 25.7% |
| Oman | 105 | 279 | 126 | 285 | 39.5% |
| Tunisia | N/A | 127 | 33.6 | 254 | 41.4% |
| China | 26.9 | 43.1 | 51.5 | 122 | 65.5% |
| Others | 18.9 | 86.9 | 77.2 | 114 | 82.0% |
| Total | 2,039 | 3,108 | 3,126 | 4,528 | 30.5% |
Top Suppliers of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground to Qatar in 2022:
- India (1604.8 tons)
- Tunisia (118.5 tons)
- Oman (53.2 tons)
- China (29.2 tons)
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