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

Contents:

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

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

The average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $6,900 per ton in October 2023, picking up by 5.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 15% m-o-m. The import price peaked in October 2023.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Lebanon ($12,891 per ton), while the price for Pakistan ($3,959 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 Lebanon (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Qatar

In 2022, after three years of growth, there was significant decline in purchases abroad of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses, when their volume decreased by -46.6% to 3.8K tons. Over the period under review, imports, however, showed a strong increase. The growth pace was the most rapid in 2021 when imports increased by 78% against the previous year. As a result, imports reached the peak of 7.1K tons, and then shrank remarkably in the following year.

In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses reduced remarkably to $23M in 2022. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 98% against the previous year.

Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India7.95.06.26.9-4.4%
TanzaniaN/AN/A3.06.1103.3%
Pakistan2.42.34.03.18.9%
EthiopiaN/AN/A2.63.119.2%
South AfricaN/AN/A0.61.3116.7%
TurkeyN/AN/A0.50.740.0%
LebanonN/AN/A0.10.5400.0%
Australia0.215.126.10.426.0%
Sudan0.80.40.90.2-37.0%
Kenya0.31.51.1N/A91.5%
Others0.70.20.50.6-5.0%
Total12.424.645.522.922.7%

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

  1. Tanzania (1054.6 tons)
  2. India (959.5 tons)
  3. Pakistan (731.7 tons)
  4. Ethiopia (493.1 tons)
  5. Lebanon (140.9 tons)
  6. South Africa (133.6 tons)
  7. Turkey (89.9 tons)
  8. Australia (58.1 tons)
  9. Sudan (39.2 tons)

Source: IndexBox Market Intelligence Platform

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