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Qatar - Sheep And Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingQatar Sees a 14% Increase in Imports of Sheep and Goat Meat, Reaching $11M in October 2023
Qatar Sheep And Goat Meat Imports
In October 2023, approximately 1.9K tons of sheep and goat meat were imported into Qatar; growing by 15% on the previous month's figure. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 with an increase of 55% m-o-m. As a result, imports attained the peak of 2.1K tons. From April 2023 to October 2023, the growth of imports remained at a lower figure.
In value terms, sheep and goat meat imports expanded markedly to $11M (IndexBox estimates) in October 2023. Overall, imports, however, recorded a mild curtailment. The pace of growth appeared the most rapid in March 2023 with an increase of 64% against the previous month. As a result, imports reached the peak of $14M. From April 2023 to October 2023, the growth of imports failed to regain momentum.
COUNTRY | Import Value of Sheep And Goat Meat in Qatar (million USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | |
Australia | 5.0 | 4.6 | 4.1 | 3.5 | 3.1 | 5.1 | 4.7 | 4.4 | 3.7 | 4.0 | 3.9 | 3.9 | 5.1 |
Tanzania | 2.4 | 2.0 | 2.1 | 2.1 | 2.0 | 2.7 | 2.3 | 1.9 | 1.8 | 1.7 | 1.3 | 1.7 | 1.9 |
South Africa | 2.3 | 2.1 | 2.8 | 2.6 | 1.5 | 3.1 | 3.0 | 1.8 | 1.4 | 1.0 | 1.1 | 1.4 | 1.1 |
Lebanon | < 0.1 | < 0.1 | 0.2 | 0.4 | 0.3 | 0.7 | 0.7 | 0.6 | 0.5 | 0.6 | 0.7 | 0.7 | 0.8 |
India | 0.4 | 0.6 | 0.8 | 0.6 | 0.4 | 0.8 | 0.8 | 0.6 | 0.7 | 0.5 | 0.5 | 0.5 | 0.6 |
Pakistan | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.5 | 0.5 | 0.4 | 0.3 | 0.3 | 0.4 | 0.4 | 0.3 |
Turkey | 1.5 | 1.1 | 0.6 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Others | 1.7 | 1.7 | 1.5 | 0.9 | 0.8 | 1.0 | 1.0 | 1.2 | 1.4 | 1.5 | 0.7 | 1.3 | 1.6 |
Total | 13.7 | 12.5 | 12.4 | 10.5 | 8.4 | 13.8 | 12.9 | 10.9 | 9.7 | 9.5 | 8.6 | 9.9 | 11.3 |
Imports by Country
In October 2023, Australia (887 tons) constituted the largest supplier of sheep and goat meat to Qatar, accounting for a 46% share of total imports. Moreover, sheep and goat meat imports from Australia exceeded the figures recorded by the second-largest supplier, Tanzania (333 tons), threefold. South Africa (189 tons) ranked third in terms of total imports with a 9.8% share.
From October 2022 to October 2023, the average monthly rate of growth in terms of volume from Australia totaled +3.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Tanzania (-2.2% per month) and South Africa (-2.6% per month).
In value terms, Australia ($5.1M) constituted the largest supplier of sheep and goat meat to Qatar, comprising 45% of total imports. The second position in the ranking was held by Tanzania ($1.9M), with a 16% share of total imports. It was followed by South Africa, with a 9.3% share.
From October 2022 to October 2023, the average monthly rate of growth in terms of value from Australia was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Tanzania (-2.1% per month) and South Africa (-6.3% per month).
Imports by Type
In October 2023, lamb and sheep meat (1.8K tons) was the main type of sheep and goat meat supplied to Qatar, accounting for a 94% share of total imports. Moreover, lamb and sheep meat exceeded the figures recorded for the second-largest type, goat meat (108 tons), more than tenfold.
From October 2022 to October 2023, the average monthly growth rate of the volume of import of lamb and sheep meat was relatively modest.
In value terms, lamb and sheep meat ($11M) constituted the largest type of sheep and goat meat supplied to Qatar, comprising 97% of total imports. The second position in the ranking was held by goat meat ($326K), with a 2.9% share of total imports.
Import Prices by Country
In October 2023, the sheep and goat meat price amounted to $5,872 per ton (CIF, Qatar), approximately equating the previous month. In general, the import price saw a mild shrinkage. The pace of growth was the most pronounced in March 2023 when the average import price increased by 5.9% m-o-m. Over the period under review, average import prices reached the maximum at $7,187 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Lebanon ($12,701 per ton), while the price for Spain ($3,203 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 (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the market for sheep and goat meat 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 1017 - Goat meat
- FCL 977 - Meat of sheep
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Producing Animals Slaughtered, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024