Qatar's Sauce and Seasoning Prices Drop to $2,710 per Ton
In April 2023, the import price of sauces and seasonings in Qatar decreased significantly to $2,710 per ton. This marked a decline of -7.7% compared to the previous month. From April 2022 to April 2023, the prices experienced an average monthly growth rate of +1.6%. The highest rate of growth was observed in May 2022, with a 32% increase month-on-month. However, import prices remained lower from November 2022 to April 2023, after reaching a record high of $3,203 per ton in October 2022. There were notable variations in average prices among the major supplying countries. In April 2023, Belgium had the highest price at $4,838 per ton, while the Philippines had one of the lowest prices at $1,912 per ton. Malaysia achieved the most significant growth in prices, with a rate of +5.6%, compared to other major suppliers who experienced more modest growth rates. In terms of imports, Qatar saw a remarkable decrease in the amount of sauces and seasonings imported in April 2023. The total import...