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Qatar - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingQatar Experiences a Substantial Increase of $7.1M in Imports of Powdered Milk During June 2023.
Qatar Powdered Milk Imports
In June 2023, approximately 2.1K tons of powdered milk were imported into Qatar; picking up by 109% on the previous month's figure. Over the period under review, imports enjoyed a strong increase.
In value terms, powdered milk imports soared to $7.1M (IndexBox estimates) in June 2023. Overall, imports saw moderate growth. The growth pace was the most rapid in March 2023 when imports increased by 89% month-to-month.
COUNTRY | Import Value of Powdered Milk in Qatar (thousand USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
Italy | N/A | 149 | 400 | 731 | 598 | 762 | N/A | N/A | N/A | N/A | N/A | N/A | 2,110 |
Oman | 1,967 | 622 | 2,085 | 2,169 | 1,519 | 1,491 | 172 | 731 | 501 | 1,752 | 842 | 1,085 | 1,437 |
France | N/A | 701 | N/A | 843 | 51.2 | 567 | 124 | 1,117 | N/A | 787 | 898 | N/A | 1,139 |
Australia | N/A | N/A | 323 | 1,617 | 1,058 | 659 | N/A | N/A | N/A | N/A | N/A | N/A | 525 |
Ireland | 277 | 25.9 | 34.4 | 826 | 537 | N/A | N/A | N/A | N/A | N/A | N/A | 838 | 395 |
Uruguay | N/A | 844 | 488 | 1,725 | 800 | 675 | 436 | 1,016 | 1,131 | 1,195 | 403 | N/A | N/A |
Others | 2,484 | 2,406 | 3,771 | 3,334 | 3,170 | 4,379 | 2,376 | 1,431 | 940 | 1,129 | 354 | 2,141 | 1,527 |
Total | 4,729 | 4,749 | 7,102 | 11,245 | 7,733 | 8,533 | 3,108 | 4,295 | 2,572 | 4,864 | 2,497 | 4,064 | 7,133 |
Imports by Country
In June 2023, Italy (750 tons) constituted the largest powdered milk supplier to Qatar, accounting for a 36% share of total imports. Moreover, powdered milk imports from Italy exceeded the figures recorded by the second-largest supplier, France (300 tons), threefold. The third position in this ranking was held by Oman (228 tons), with an 11% share.
From June 2022 to June 2023, the average monthly rate of growth in terms of volume from Italy stood at +27.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (+3.8% per month) and Oman (-3.0% per month).
In value terms, Italy ($2.1M), Oman ($1.4M) and France ($1.1M) were the largest powdered milk suppliers to Qatar, together comprising 66% of total imports.
Among the main suppliers, Italy, with a CAGR of +27.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
In June 2023, dairy produce; milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) (1.6K tons) constituted the largest type of powdered milk supplied to Qatar, with a 75% share of total imports. Moreover, dairy produce; milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) exceeded the figures recorded for the second-largest type, dairy produce (507 tons), threefold.
From June 2022 to June 2023, the average monthly rate of growth in terms of the volume of import of dairy produce; milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) amounted to +6.1%. With regard to the other supplied products, the following average monthly rates of growth were recorded: dairy produce (+11.5% per month) and dairy produce; milk and cream, containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) (+16.6% per month).
In value terms, dairy produce; milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) ($5.6M) constituted the largest type of powdered milk supplied to Qatar, comprising 79% of total imports. The second position in the ranking was taken by dairy produce ($1.5M), with a 20% share of total imports.
Import Prices by Country
In June 2023, the powdered milk price stood at $3,441 per ton (CIF, Qatar), falling by -16.2% against the previous month. Over the period under review, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in December 2022 an increase of 15% against the previous month. As a result, import price attained the peak level of $5,390 per ton. From January 2023 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($7,619 per ton), while the price for Australia ($2,603 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the powdered milk market in Qatar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 897 - Dry Whole Cow Milk
- FCL 898 - Dry Skim Cow Milk
Country coverage:
- Qatar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Qatar
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023