Non-Liquid Margarine Price in Qatar - 2023
Contents:
Non-Liquid Margarine Price in Qatar (CIF) - 2023
The average non-liquid margarine import price stood at $2,736 per ton in June 2023, rising by 42% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 46% against the previous month. As a result, import price attained the peak level of $3,101 per ton. From May 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($15,141 per ton), while the price for Malaysia ($1,519 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 Italy (+30.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Liquid Margarine Imports in Qatar
In 2022, purchases abroad of non-liquid margarine was finally on the rise to reach 2K tons after two years of decline. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-liquid margarine imports soared to $4.3M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Non-Liquid Margarine in Qatar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Oman | 503 | 480 | 531 | 1,192 | 33.3% |
Germany | 363 | 451 | 646 | 672 | 22.8% |
Belgium | 613 | 436 | 237 | 570 | -2.4% |
Malaysia | 145 | 43.0 | 77.4 | 502 | 51.3% |
Spain | 83.5 | 72.3 | 57.5 | 381 | 65.9% |
Turkey | 479 | 536 | 425 | 358 | -9.2% |
Indonesia | 170 | 104 | 231 | 334 | 25.2% |
Canada | N/A | N/A | 184 | N/A | 0% |
Others | 353 | 784 | 615 | 316 | -3.6% |
Total | 2,709 | 2,906 | 3,003 | 4,326 | 16.9% |
Top Suppliers of Non-Liquid Margarine to Qatar in 2022:
- Oman (546.7 tons)
- Germany (315.9 tons)
- Belgium (282.1 tons)
- Malaysia (263.0 tons)
- Indonesia (189.9 tons)
- Spain (151.0 tons)
- Turkey (131.8 tons)
This report provides an in-depth analysis of the margarine spread market in Qatar.
This report provides an in-depth analysis of the margarine and shortening market in Qatar.
Global Margarine Spread Market Report 2018. This report provides an in-depth analysis of the global margarine spread market.
This report provides an in-depth analysis of the global margarine and shortening market.
This report provides an in-depth analysis of the margarine spread market in Qatar.
This report provides an in-depth analysis of the margarine and shortening market in Qatar.
Global Margarine Spread Market Report 2018. This report provides an in-depth analysis of the global margarine spread market.
This report provides an in-depth analysis of the global margarine and shortening market.
Explore the top import markets for margarine and shortening globally, including key statistics and market insights.
Global margarine and shortening consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
In 2015, the country with the largest volume of the margarine and shortening output was the United States (X thousand tons), accounting for X% of global production.
Explore the top import markets for margarine and shortening globally, including key statistics and market insights.
Global margarine and shortening consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
In 2015, the country with the largest volume of the margarine and shortening output was the United States (X thousand tons), accounting for X% of global production.