Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Qatar - 2023
Contents:
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Qatar (CIF) - 2023
- Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Qatar
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Qatar (CIF) - 2023
In October 2023, the average import price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $9,548 per ton, waning by -3.2% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 69% m-o-m. As a result, import price attained the peak level of $15,940 per ton. From December 2022 to October 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Australia ($36,184 per ton), while the price for Pakistan ($3,986 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Australia (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Qatar
In 2022, the amount of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat imported into Qatar skyrocketed to 1.2K tons, with an increase of 17% on 2021 figures. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat skyrocketed to $10M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 2.0 | 1.7 | 2.4 | 3.8 | 23.9% |
| United States | 0.8 | 0.9 | 1.7 | 3.0 | 55.4% |
| Australia | 1.1 | 1.8 | 1.6 | 2.1 | 24.1% |
| Netherlands | 0.1 | 0.6 | 0.9 | 0.5 | 71.0% |
| South Africa | 1.7 | 0.1 | 0.2 | 0.4 | -38.3% |
| Ethiopia | 0.1 | N/A | 0.5 | 0.2 | 26.0% |
| New Zealand | 0.5 | 0.2 | 0.2 | N/A | -36.8% |
| Others | 0.2 | 0.1 | 0.4 | 0.1 | -20.6% |
| Total | 6.6 | 5.4 | 8.0 | 10.1 | 15.2% |
Top Suppliers of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Qatar in 2022:
- Pakistan (814.4 tons)
- United States (148.8 tons)
- Australia (73.1 tons)
- South Africa (47.7 tons)
- Ethiopia (46.0 tons)
- Netherlands (41.5 tons)
- New Zealand (4.2 tons)
367
This report provides an in-depth analysis of the fresh beef cut market in Qatar.
535
This report provides an in-depth analysis of the fresh beef carcase market in Qatar.
2404
This report provides an in-depth analysis of the beef market in Qatar.
1725
This report provides an in-depth analysis of the meat and poultry market in Qatar.
1315
This report provides an in-depth analysis of the meat market in Qatar.
752
This report provides an in-depth analysis of the beef market in Qatar.
600
Global Fresh Beef Cut Market Report 2018. This report provides an in-depth analysis of the global fresh beef cut market.
877
This report provides an in-depth analysis of the global fresh beef carcase market.
4441
This report provides an in-depth analysis of the global beef market.
2223
This report provides an in-depth analysis of the global meat and poultry market.
432
In April 2023, the beef price amounted to $5,543 per ton (CIF, Qatar), dropping by -3.4% against the previous month.
247
Discover the top-10 countries leading the world in importing fresh beef carcase in 2022. Explore key statistics and market insights.
662
Explore the top import markets for beef, including China, the United States, South Korea, and more. Discover key statistics and figures from the IndexBox market intelligence platform.
856
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
1873
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
1375
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
4109
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
1824
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
2034
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
1183
In 2015, the countries with the highest levels of production in 2015 were the United States (X thousand tons), Brazil (X thousand tons), China (X thousand tons), together accounting for X% of total output.
