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Qatar - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Qatar - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights

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Jul 12, 2023

Beef Price in Qatar Drops to $5,543 per Ton After Two Consecutive Months of Decline

Qatar Beef Import Price in April 2023

In April 2023, the beef price amounted to $5,543 per ton (CIF, Qatar), dropping by -3.4% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 20% month-to-month. Over the period under review, average import prices reached the peak figure at $6,678 per ton in November 2022; however, from December 2022 to April 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($27,023 per ton), while the price for India ($2,778 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by the United States (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Beef in Qatar (USD per ton)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
United States13,28419,85412,83613,24513,94413,63512,80116,96516,42317,06921,83221,69627,023
Australia14,47217,68217,15014,64715,06424,51115,74119,29524,37715,82920,25217,07816,880
South Africa8,4349,8009,6189,2599,0828,8139,5409,3158,6659,0288,8967,6999,242
Jordan5,5528,0406,5867,4906,8468,1258,3287,2676,6386,4466,0887,8316,840
Brazil6,5266,6717,4057,7597,4737,2386,7146,6106,0046,0976,3355,6856,123
Pakistan3,6873,5443,7903,7193,8433,8853,9223,8903,8343,8513,8403,8153,886
India2,8932,7902,9382,9862,8012,6322,3402,8022,4542,4992,6112,6602,778
Average6,0596,1165,9646,2806,0196,0026,6236,6786,0915,2686,3125,7405,543

Qatar Beef Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In April 2023, the product with the highest price was meat; of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), frozen ($23,155 per ton), while the price for meat; of bovine animals, carcasses and half-carcasses, fresh or chilled ($3,861 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by meat; of bovine animals, carcasses and half-carcasses, frozen (+7.7%), while the prices for the other products experienced more modest paces of growth.

Qatar Beef Imports

In April 2023, approximately 2K tons of beef (cattle meat) were imported into Qatar; shrinking by -11.2% on the previous month. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 with an increase of 22% against the previous month.

In value terms, beef imports contracted to $11M (IndexBox estimates) in April 2023. In general, imports recorded a slight descent. The growth pace was the most rapid in July 2022 with an increase of 27% against the previous month.

Qatar Beef Imports by Type

Meat; of bovine animals, boneless cuts, frozen (749 tons), meat; of bovine animals, carcasses and half-carcasses, fresh or chilled (680 tons) and meat; of bovine animals, boneless cuts, fresh or chilled (443 tons) were the main products of beef imports to Qatar, with a combined 93% share of total imports.

From April 2022 to April 2023, the biggest increases were in meat; of bovine animals, carcasses and half-carcasses, fresh or chilled (with a CAGR of +1.0%), while purchases for the other products experienced a decline.

In value terms, meat; of bovine animals, boneless cuts, fresh or chilled ($4.1M), meat; of bovine animals, boneless cuts, frozen ($3.5M) and meat; of bovine animals, carcasses and half-carcasses, fresh or chilled ($2.6M) appeared to be the most imported types of beef (cattle meat) in Qatar, together comprising 92% of total imports.

Qatar Beef Imports by Country

Pakistan (767 tons), India (598 tons) and Brazil (221 tons) were the main suppliers of beef imports to Qatar, together accounting for 79% of total imports. South Africa, Australia, Jordan and the United States lagged somewhat behind, together accounting for a further 14%.

From April 2022 to April 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Jordan (with a CAGR of +3.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($3M), India ($1.7M) and Australia ($1.5M) constituted the largest beef suppliers to Qatar, with a combined 55% share of total imports. These countries were followed by Brazil, the United States, South Africa and Jordan, which together accounted for a further 33%.

Among the main suppliers, Jordan, with a CAGR of +5.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the beef market in Qatar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 947 - Buffalo meat
  • FCL 867 - Meat of cattle

Country coverage:

  • Qatar

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Qatar
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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