Bovine Animals; Live Price in Qatar - 2023
Contents:
Bovine Animals; Live Price in Qatar (CIF) - 2023
In August 2023, the average bovine animals; live import price amounted to $398 per unit, remaining relatively unchanged against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 398% month-to-month. As a result, import price attained the peak level of $2,047 per unit. From December 2022 to August 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Somalia.
From October 2022 to August 2023, the rate of growth in terms of prices for Oman amounted to +19.7% per month.
Bovine Animals; Live Imports in Qatar
Bovine animals; live imports into Qatar reduced to 7.1K units in 2022, waning by -9.6% against 2021. Over the period under review, imports recorded a precipitous curtailment. Imports peaked at 50K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, bovine animals; live imports reduced notably to $5.2M in 2022. In general, imports saw a abrupt contraction. The growth pace was the most rapid in 2020 when imports increased by 165% against the previous year. As a result, imports attained the peak of $23M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Bovine Animals; Live in Qatar (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sudan | N/A | 0.5 | 4.0 | 4.8 | 209.8% |
Somalia | 0.1 | 0.7 | N/A | 0.3 | 44.2% |
Armenia | 1.0 | N/A | N/A | N/A | 0% |
Germany | N/A | 3.1 | 1.0 | N/A | -67.7% |
Australia | N/A | 3.1 | 0.5 | N/A | -83.9% |
United States | 2.2 | 8.3 | 0.9 | N/A | -36.0% |
France | N/A | 3.5 | N/A | N/A | 0% |
Lebanon | 3.6 | N/A | N/A | N/A | 0% |
Oman | N/A | N/A | N/A | N/A | 0% |
Georgia | 0.9 | N/A | N/A | N/A | 0% |
Others | 0.9 | 3.8 | 0.7 | N/A | -11.8% |
Total | 8.7 | 23.0 | 7.0 | 5.2 | -15.8% |
Top Suppliers of Bovine Animals; Live to Qatar in 2022:
- Sudan (6.5K units)
- Somalia (0.5K units)
- Oman (0.1K units)
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