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Qatar - Chicken Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChicken Meat Price in Qatar - 2023
Contents:
Chicken Meat Price in Qatar (CIF) - 2023
The average chicken meat import price stood at $1,873 per ton in June 2023, reducing by -6.8% against the previous month. Over the period under review, the import price showed a slight contraction. The pace of growth appeared the most rapid in April 2023 an increase of 10% month-to-month. The import price peaked at $2,594 per ton in October 2022; however, from November 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Oman ($3,620 per ton), while the price for the United States ($1,097 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 Turkey (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Chicken Meat Imports in Qatar
In 2022, overseas purchases of chicken meat were finally on the rise to reach 136K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, chicken meat imports surged to $308M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Chicken Meat in Qatar (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 128 | 118 | 109 | 225 | 20.7% |
Oman | 9.7 | 7.9 | 11.2 | 14.4 | 14.1% |
Kuwait | 3.6 | 8.2 | 8.7 | 13.9 | 56.9% |
Turkey | 12.0 | 9.6 | 8.1 | 13.0 | 2.7% |
United States | 22.7 | 17.8 | 19.6 | 10.9 | -21.7% |
Poland | 4.7 | 0.6 | 3.0 | 10.8 | 32.0% |
Argentina | 6.5 | 13.0 | 4.2 | 2.4 | -28.3% |
Others | 16.1 | 11.0 | 12.4 | 17.6 | 3.0% |
Total | 204 | 186 | 177 | 308 | 14.7% |
Top Suppliers of Chicken Meat to Qatar in 2022:
- Brazil (101.8K tons)
- United States (10.5K tons)
- Turkey (6.1K tons)
- Poland (5.4K tons)
- Oman (4.4K tons)
- Kuwait (2.4K tons)
- Argentina (1.4K tons)
This report provides an in-depth analysis of the chicken meat 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 1058 - Chicken meat
- FCL 1059 - Offals and liver of chickens
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
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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
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The price of Chicken Meat in June 2023 was $1,873 per ton (CIF, Qatar), experiencing a decrease of 6.8% compared to the previous month.
In May 2023, the growth rate was extremely high with a month-on-month increase of 152%. The value of imports of Frozen Whole Chicken also saw a significant expansion, reaching $14 million in October 2023.
In March 2023, the fresh whole chicken price amounted to $115K per ton (CIF, Qatar), growing by 70% against the previous month.
Chicken meat is one of the most widely consumed and versatile meats in the world. This article explores the top import markets for chicken meat based on import value data. China leads as the largest importer, followed by the United Kingdom, France, Germany, Japan, the Netherlands, Saudi Arabia, the United Arab Emirates, Mexico, and Hong Kong SAR. These markets are driven by factors such as changing consumption patterns, increasing population, growing tourism, and thriving foodservice industries.
The global chicken meat market is projected to reach $262 billion by 2030, growing at a CAGR of 3.4%.
In December 2021, the chicken price peaked at $2.74 per kg, gaining 17% from a month earlier. The average annual figure is forecast to rise from $2.26 per kg last year to $2.30 per kg in 2022.
Since the start of 2021, prices in the global chicken meat market shot up as a result of high demand, rising costs for feed grain and food as well as a decreasing rate of chicken slaughter in the EU, South Korea and Japan. Heightened costs for shipping containers are additionally driving the growth in export prices. As of year-end 2021, worldwide production and exports of chicken meat are forecast to remain at the previous year’s level. Demand for chicken meat in China is dropping while the pig population in the country is recovering and hog prices are decreasing. Saudi Arabia’s ban on imports of chicken products from Brazil may lead to diminished exports from that country.
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