Qatar’s cow peas imports in 2024 increased to 468 tons, up 34% from 2023, despite an overall declining trend since 2015. The imports were valued at $569K, down from historic peaks. Key suppliers include Myanmar and Argentina, with price fluctuations noted. The report offers strategic insights for industry stakeholders.
In 2024, Qatar’s imports of shelled cow peas (dry) reached 468 tons, marking a significant rise of 34% compared to the previous year. Despite this increase, total imports have faced a notable decline since 2015. The highest growth rate was in 2017, when imports surged by an astonishing 1,253%. Previous peak imports were recorded at 1.1K tons in 2014, after which figures have consistently fallen.
In terms of value, shelled bean imports rose to $569K in 2024, although this also reflects a general downward trend. The most substantial growth occurred in 2017 with an increase of 1,113%. Historically, imports peaked in 2014 at $1.3M, but have struggled to maintain such high values since then.
The primary suppliers of shelled beans to Qatar in 2024 included Myanmar (83 tons), Argentina (80 tons), and Kenya (53 tons), which collectively accounted for 62% of total imports. Notably, from 2014 to 2023, Argentina saw the greatest increase in purchases at a CAGR of +32.7%, while other key suppliers displayed slower growth rates.
Value-wise, Argentina led shelled bean imports to Qatar at $114K, followed by Myanmar at $63K and the UAE at $57K, representing 63% of the total imports. The most significant increase in value among major suppliers was also recorded by Argentina at a CAGR of +34.9%.
As of 2023, the price of cow peas stood at $1,064 per ton, reflecting a 3% increase from the previous year, although average import prices have generally decreased over time. The highest prices were recorded from UAE at $1,440 per ton, while Myanmar offered lower prices at $759 per ton. Notably, India experienced the highest price growth rate among the major suppliers at +6.0%.
This report comprehensively analyzes Qatar’s shelled bean market, presenting insights on consumption, production, trade dynamics, and pricing trends. It serves as a valuable resource for manufacturers, distributors, importers, and investors, providing crucial information for informed decision-making and strategic planning. Through AI analysis, it delivers data-driven insights to support business growth and enhance operational efficiencies.
Qatar’s shelled cow pea imports in 2024 are characterized by a significant increase in volume but a declining value trend overall. Despite a recent uptick, historical data shows a consistent drop from past peak years. Argentina has emerged as a leading supplier, both in volume and value, demonstrating considerable growth. The market analysis underscores key trends and provides actionable insights for stakeholders in the industry.
Original Source: www.indexbox.io
