Price for Crustacean Preparations; Lobster, Prepared or Preserved in Qatar - 2023
Contents:
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Qatar (CIF) - 2022
- Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Qatar
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Qatar (CIF) - 2022
The average import price for crustacean preparations; lobster, prepared or preserveds stood at $57,563 per ton in 2022, with an increase of 284% against the previous year. Overall, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 338% against the previous year. As a result, import price reached the peak level of $63,189 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
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 Canada ($111,918 per ton), while the price for Vietnam ($26,048 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+31.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Qatar
In 2022, purchases abroad of crustacean preparations; lobster, prepared or preserveds decreased by -35% to 3.6 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 78%.
In value terms, imports of crustacean preparations; lobster, prepared or preserveds soared to $207K in 2022. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 185% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Crustacean Preparations; Lobster, Prepared or Preserved in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 24.9 | N/A | N/A | 134 | 75.2% |
| Vietnam | N/A | N/A | 82.9 | 57.0 | -31.2% |
| United States | 15.6 | N/A | N/A | 15.5 | -0.2% |
| France | 49.8 | N/A | N/A | N/A | 0% |
| India | N/A | 29.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 90.2 | 29.0 | 82.9 | 207 | 31.9% |
Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Qatar in 2022:
- Vietnam (2.2 tons)
- Canada (1.2 tons)
- United States (0.2 tons)
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