In 2024, Qatar’s cow pea imports surged to 468 tons, reflecting a 34% increase. Despite this, overall imports continue to show a downward trend from previous highs. The largest suppliers are Argentina, Myanmar, and Kenya, with Argentina leading in growth rates. The average import price was $1,064 per ton, highlighting pricing variations between countries.
In 2024, Qatar experienced a significant increase in its imports of cow peas (dry), reaching 468 tons, which represents a 34% rise compared to the prior year. However, this follows a trend of overall decline since imports peaked at 1.1K tons in 2014. The strongest growth occurred in 2017, with a dramatic 1,253% increase, yet imports have since stabilized at lower levels.
In terms of value, imports of shelled beans surged to $569K in 2024, despite a general decline since 2014 when values hit $1.3M. The period from 2015 to 2024 saw fluctuations in import values, with a notable spike in 2017 at 1,113%. The average import price per ton in Qatar stood at $1,064 in 2023, marking a 3% increase from the previous year, although, in the long term, prices have shown modest contractions.
The primary suppliers of shelled beans to Qatar included Myanmar (83 tons), Argentina (80 tons), and Kenya (53 tons), together accounting for 62% of total imports. Argentina exhibited the most significant growth in purchases, with a compound annual growth rate (CAGR) of +32.7%. In value terms, the largest suppliers to Qatar were Argentina at $114K, Myanmar at $63K, and the United Arab Emirates at $57K.
Prices varied notably by country of origin, with the United Arab Emirates having the highest average price at $1,440 per ton, while Myanmar offered the lowest price at $759 per ton. India’s prices appreciated by +6.0%, standing out among the primary suppliers. This report encapsulates comprehensive market data, including trends, opportunities by country, and price developments, alongside an outlook through 2030.
The report is tailored for stakeholders such as manufacturers, distributors, and investors seeking to enhance decision-making processes through informed analytics. It offers insights into market diversification strategies, loading idle production capacities, and achieving sustainability across supply chains. The utilization of artificial intelligence within this evaluation enhances analytical depth and uncover potential market growth.
The report concludes with extensive information on market dynamics, including export-import prices, per capita consumption, and trade balances, providing a holistic view of the shelled bean market in Qatar.
In summary, while Qatar has seen a slight increase in cow pea imports in 2024, the overall trend has been one of decline from previous peaks. Argentina stands out as a significant supplier with notable growth in the market, and pricing dynamics highlight the variation among suppliers. This report serves as a resource for stakeholders aiming to navigate the evolving market landscape effectively.
Original Source: www.indexbox.io
