Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Qatar - 2023
Contents:
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Qatar (CIF) - 2023
- Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Qatar
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Qatar (CIF) - 2023
The average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $25,983 per ton in October 2023, growing by 75% against the previous month. Overall, the import price showed perceptible growth. Over the period under review, average import prices attained the peak figure at $27,974 per ton in March 2023; however, from April 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 Morocco ($97,568 per ton), while the price for Vietnam totaled $16,344 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Morocco (+1.0%), while the prices for the other major suppliers experienced a decline.
Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Qatar
In 2022, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s into Qatar surged to 50 tons, rising by 138% compared with 2021 figures. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s soared to $753K in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three-year period. 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 Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 157 | 338 | 278 | 717 | 65.9% |
| Philippines | N/A | N/A | N/A | 36.5 | 0% |
| Argentina | N/A | 25.4 | N/A | N/A | 0% |
| China | 53.7 | N/A | N/A | N/A | 0% |
| United States | 42.6 | N/A | N/A | N/A | 0% |
| France | 191 | N/A | N/A | N/A | 0% |
| India | N/A | 54.3 | N/A | N/A | 0% |
| Others | 33.1 | 90.2 | 131 | N/A | 98.9% |
| Total | 477 | 508 | 409 | 753 | 16.4% |
Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Qatar in 2022:
- Vietnam (42.1 tons)
- Philippines (7.5 tons)
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