| Product Code: ETC387041 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Qatar Mackerel market currently, in 2023, has witnessed an HHI of 3646, Which has increased moderately as compared to the HHI of 2130 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The mackerel market in Qatar has shown notable resilience in the face of evolving consumer preferences and global supply chain challenges. This is indicative of the enduring popularity of mackerel as a staple seafood item in Qatari cuisine. While there have been fluctuations in supply due to various environmental factors and geopolitical shifts, the market has exhibited adaptability through diversification of sourcing channels. Additionally, efforts to promote sustainable fishing practices and the incorporation of mackerel into contemporary culinary trends have bolstered its market presence. The mackerel market is poised for further growth, contingent on strategic sourcing and effective distribution networks.
The Qatar mackerel market is showing promise due to various factors. A primary driver is the growing demand for seafood in Qatar, where mackerel is popular for its affordability and versatility. Mackerel`s nutritional benefits, including its omega-3 fatty acids content, have made it a preferred choice among health-conscious consumers. Additionally, the government`s efforts to promote sustainable fishing practices and regulate the fishing industry contribute to a stable supply of mackerel. Qatar`s strategic location in the Gulf region positions it as a potential hub for mackerel trade, further enhancing the market outlook.
The Qatar mackerel market shares challenges with the broader frozen fish market. Maintaining the quality and safety of mackerel during importation and distribution is critical but can be compromised by logistics and temperature fluctuations. Sustainability concerns in mackerel fisheries and variations in mackerel stocks globally affect supply and pricing. Balancing the demand for mackerel with responsible sourcing practices and consumer expectations is a continuous challenge in this market.
The Qatar mackerel market faced substantial challenges during the COVID-19 pandemic. Disruptions in the global supply chain and trade restrictions impacted the availability and pricing of mackerel products. Additionally, changing consumer preferences towards non-perishable goods temporarily affected the demand for frozen mackerel. However, with the implementation of safety measures and improvements in logistics, the market showed signs of recovery. As economic activities return to normalcy, the Qatar mackerel market is poised for a resurgence.
The mackerel market in Qatar is witnessing steady growth, supported by the popularity of mackerel as a versatile and nutritious seafood choice. Notable players in this market include Al-Wataniya Fisheries and Qatar National Import and Export Co., both of which have established themselves as reliable sources of high-quality mackerel products. Their consistent supply chain and commitment to quality have positioned them as leaders in the market.