Price for Flours and Meals; of Soya Beans in Qatar - 2023

Contents:

1. Price for Flours and Meals; of Soya Beans in Qatar (CIF) - 2022
2. Imports of Flours and Meals; of Soya Beans in Qatar

Price for Flours and Meals; of Soya Beans in Qatar (CIF) - 2022

In 2022, the average import price for flours and meals; of soya beanses amounted to $1,292 per ton, jumping by 19% against the previous year. Over the period under review, the import price saw a prominent expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 33%. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($6,369 per ton), while the price for Thailand ($1,133 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Flours and Meals; of Soya Beans in Qatar

In 2022, imports of flours and meals; of soya beanses into Qatar soared to 621 tons, surging by 78% against the previous year. Overall, imports, however, saw a mild reduction.

In value terms, imports of flours and meals; of soya beanses surged to $802K in 2022. Over the period under review, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Flours and Meals; of Soya Beans to Qatar in 2022:

1. Thailand (525.9 tons)
2. India (48.2 tons)
3. Austria (33.0 tons)

Source: IndexBox Market Intelligence Platform