Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Qatar - 2023

Contents:

  1. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Qatar (CIF) - 2023
  2. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Qatar (FOB) - 2022
  3. Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Qatar
  4. Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Qatar

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Qatar (CIF) - 2023

In December 2023, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $8,898 per ton, surging by 5.1% against the previous month. Overall, the import price, however, saw a pronounced curtailment. The growth pace was the most rapid in June 2023 when the average import price increased by 63% against the previous month. The import price peaked at $16,544 per ton in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($55,536 per ton), while the price for Turkey ($1,228 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the UK (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Qatar (FOB) - 2022

The average export price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $4,990 per ton in 2022, jumping by 108% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($5,551 per ton), while the average price for exports to Portugal ($4,647 per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+75.9%).

Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Qatar

In 2022, approx. 1.6K tons of soups and broths and preparations therefor; homogenised composite food preparationses were imported into Qatar; picking up by 14% compared with the year before. In general, imports, however, showed a precipitous slump. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year.

In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses skyrocketed to $14M in 2022. Overall, imports, however, saw a dramatic contraction.

Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.30.12.73.9135.1%
Turkey3.30.70.71.4-24.9%
United States8.35.31.81.3-46.1%
Lebanon0.20.10.51.386.6%
China0.10.10.71.2128.9%
OmanN/AN/A0.20.9350.0%
Japan4.20.50.90.7-45.0%
France7.01.60.60.7-53.6%
United Kingdom4.61.40.90.7-46.6%
Malaysia0.30.40.20.518.6%
Philippines0.20.50.40.314.5%
Jordan0.10.10.10.344.2%
South KoreaN/A0.10.20.10.0%
Others3.21.41.00.6-42.8%
Total31.912.311.113.9-24.2%

Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Qatar in 2022:

  1. Spain (565.2 tons)
  2. Turkey (227.7 tons)
  3. Jordan (175.9 tons)
  4. Lebanon (151.3 tons)
  5. Philippines (76.5 tons)
  6. United Kingdom (59.7 tons)
  7. Malaysia (50.9 tons)
  8. China (48.6 tons)
  9. Japan (45.7 tons)
  10. United States (38.4 tons)
  11. Oman (35.0 tons)
  12. France (30.5 tons)
  13. South Korea (30.2 tons)

Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Qatar

Exports of soups and broths and preparations therefor; homogenised composite food preparationses from Qatar skyrocketed to 392 tons in 2022, growing by 137% compared with the year before. Overall, exports, however, faced a sharp curtailment.

In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses skyrocketed to $2M in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Qatar (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
PortugalN/AN/A9230%
TurkeyN/AN/A8270%
NepalN/AN/A2060%
KuwaitN/A106N/A0%
United States21045.4N/A-78.4%
Lebanon228N/AN/A0%
Oman547133N/A-75.7%
BahrainN/A70.8N/A0%
Others53.939.8N/A-26.2%
Total1,0383961,95637.3%

Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Qatar in 2022:

  1. Portugal (198.6 tons)
  2. Turkey (148.9 tons)
  3. Nepal (44.4 tons)

Source: IndexBox Market Intelligence Platform

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