Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Qatar - 2023

Contents:

  1. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Qatar (CIF) - 2023
  2. Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Qatar

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Qatar (CIF) - 2023

The average import price for fresh or chilled lamb carcasses and half-carcasseses stood at $5,980 per ton in October 2023, falling by -4.9% against the previous month. Over the period under review, the import price showed a mild descent. The pace of growth was the most pronounced in April 2023 an increase of 3.6% month-to-month. Over the period under review, average import prices reached the peak figure at $7,468 per ton in October 2022; however, from November 2022 to October 2023, 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 India ($9,115 per ton), while the price for Australia ($5,771 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 Turkey (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Qatar

In 2022, overseas purchases of fresh or chilled lamb carcasses and half-carcasseses increased by 76% to 12K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a deep setback.

In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses skyrocketed to $95M in 2022. Overall, imports, however, continue to indicate a deep reduction.

Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia16514123.335.0-40.4%
South AfricaN/A4.58.329.4155.6%
TanzaniaN/AN/A6.416.9164.1%
Turkey0.1N/A1.16.0291.5%
Sudan1.43.25.63.940.7%
EthiopiaN/AN/A0.82.3187.5%
Others1.92.52.41.6-5.6%
Total16815147.994.9-17.3%

Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to Qatar in 2022:

  1. Australia (4.2K tons)
  2. Tanzania (2.9K tons)
  3. South Africa (2.8K tons)
  4. Turkey (0.8K tons)
  5. Sudan (0.6K tons)
  6. Ethiopia (0.4K tons)

Source: IndexBox Market Intelligence Platform

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