Piper Pepper Market in Qatar
Market Overview
The Qatari piper pepper market surged to $
in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted buoyant growth. As a result, consumption attained the peak level of $. From to , the growth of the market failed to regain momentum.
in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted buoyant growth. As a result, consumption attained the peak level of $. From to , the growth of the market failed to regain momentum.Consumption
Piper pepper consumption in Qatar expanded significantly to tons in , growing by % compared with the previous year. Over the period under review, consumption saw a resilient increase. As a result, consumption reached the peak volume of tons. From 2016 to , the growth of the consumption remained at a somewhat lower figure.
The size of the piper pepper market in Qatar surged to $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a buoyant increase. As a result, consumption attained the peak level of $. From to , the growth of the market failed to regain momentum.
tons in , growing by % compared with the previous year. Over the period under review, consumption saw a resilient increase. As a result, consumption reached the peak volume of tons. From 2016 to , the growth of the consumption remained at a somewhat lower figure.The size of the piper pepper market in Qatar surged to $
in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a buoyant increase. As a result, consumption attained the peak level of $. From to , the growth of the market failed to regain momentum.Market Forecast
Driven by increasing demand for piper pepper in Qatar, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Piper pepper market in Qatar consists almost entirely of imported products. In recent years, import price have increased sharply. Despite the hike in price, Qatar relies completely on foreign supplies: the volume of domestic output remains insufficient to satiate market demand. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.Trade Balance
Qatar remains a net importer of piper pepper; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
Download XLSX
Download all the data in the form of a report