Price for Frozen Lamb Carcasses and Half-Carcasses in Qatar - 2023
Contents:
- Price for Frozen Lamb Carcasses and Half-Carcasses in Qatar (CIF) - 2023
- Imports of Frozen Lamb Carcasses and Half-Carcasses in Qatar
Price for Frozen Lamb Carcasses and Half-Carcasses in Qatar (CIF) - 2023
In June 2023, the average import price for frozen lamb carcasses and half-carcasseses amounted to $5,517 per ton, rising by 4.8% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 an increase of 221% month-to-month. As a result, import price reached the peak level of $20,117 per ton. From November 2022 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the UK ($18,671 per ton), while the price for Argentina ($1,620 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Frozen Lamb Carcasses and Half-Carcasses in Qatar
After two years of decline, supplies from abroad of frozen lamb carcasses and half-carcasseses increased by 362% to 271 tons in 2022. Over the period under review, imports, however, saw a abrupt slump.
In value terms, frozen lamb carcasses and half-carcasses imports surged to $1.9M in 2022. In general, imports posted resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Lamb Carcasses and Half-Carcasses in Qatar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 14.0 | 69.9 | 270 | 930 | 305.0% |
Spain | 754 | 205 | 109 | 445 | -16.1% |
Argentina | 141 | 193 | 20.0 | 276 | 25.1% |
Uruguay | N/A | N/A | N/A | 109 | 0% |
Italy | 38.0 | N/A | N/A | 71.6 | 23.5% |
Paraguay | N/A | N/A | N/A | 66.7 | 0% |
New Zealand | 46.3 | N/A | 27.3 | N/A | -23.2% |
Moldova | 306 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 57.9 | 41.9 | -27.6% |
Total | 1,299 | 468 | 485 | 1,940 | 14.3% |
Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Qatar in 2022:
- Australia (156.9 tons)
- Spain (39.8 tons)
- Argentina (38.9 tons)
- Uruguay (19.9 tons)
- Italy (6.5 tons)
- Paraguay (5.4 tons)
This report provides an in-depth analysis of the frozen lamb carcase market in Qatar.
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