Price for Protein; Concentrates and Textured Protein Substances in Qatar - 2024
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Qatar (CIF) - 2022
- Imports of Protein; Concentrates and Textured Protein Substances in Qatar
Price for Protein; Concentrates and Textured Protein Substances in Qatar (CIF) - 2022
In 2022, the average import price for protein; concentrates and textured protein substanceses amounted to $6,054 per ton, shrinking by -28.9% against the previous year. Over the period under review, the import price showed a pronounced slump. The growth pace was the most rapid in 2015 when the average import price increased by 28%. As a result, import price attained the peak level of $11,179 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
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 UK ($42,205 per ton), while the price for India ($1,196 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Protein; Concentrates and Textured Protein Substances in Qatar
For the fourth consecutive year, Qatar recorded growth in overseas purchases of protein; concentrates and textured protein substanceses, which increased by 48% to 1K tons in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.5% 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 +58.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of protein; concentrates and textured protein substanceses amounted to $6.1M in 2022. The total import value increased at an average annual rate of +12.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 35% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Protein; Concentrates and Textured Protein Substances in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,727 | 3,338 | 2,542 | 2,124 | -8.0% |
| United Kingdom | 600 | 1,307 | 1,621 | 1,091 | 22.1% |
| India | 453 | 351 | 439 | 853 | 23.5% |
| Denmark | 135 | 167 | 167 | 330 | 34.7% |
| Czech Republic | 81.6 | 170 | 206 | 310 | 56.0% |
| China | 16.9 | N/A | 24.0 | 125 | 94.8% |
| Thailand | N/A | N/A | 123 | 40.3 | -67.2% |
| Serbia | N/A | N/A | 58.4 | N/A | 0% |
| Others | 285 | 483 | 634 | 1,266 | 64.4% |
| Total | 4,300 | 5,816 | 5,814 | 6,139 | 12.6% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Qatar in 2022:
- India (713.2 tons)
- United States (95.2 tons)
- China (39.5 tons)
- United Kingdom (25.8 tons)
- Denmark (22.3 tons)
- Czech Republic (19.6 tons)
- Thailand (8.3 tons)
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