Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sudan - 2022

Contents:

  1. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sudan (CIF) - 2022
  2. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sudan (FOB) - 2022
  3. Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sudan
  4. Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sudan

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sudan (CIF) - 2022

In 2022, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $1,994 per ton, with an increase of 4.4% against the previous year. Overall, the import price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2019 an increase of 17% against the previous year. The import price peaked at $2,902 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($4,279 per ton), while the price for China ($1,492 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sudan (FOB) - 2022

In 2022, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $4,069 per ton, picking up by 24% against the previous year. Over the period under review, the export price recorded buoyant growth. The growth pace was the most rapid in 2019 when the average export price increased by 60%. The export price peaked at $4,652 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +11.7% per year.

Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sudan

In 2022, imports of soups and broths and preparations therefor; homogenised composite food preparationses into Sudan rose rapidly to 2.2K tons, surging by 14% against 2021 figures. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. As a result, imports attained the peak of 2.6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses surged to $4.5M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 28% against the previous year. As a result, imports reached the peak of $5.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa2364445531,48984.8%
United States1,7001,9651,5071,418-5.9%
France1,2561,217782617-21.1%
Egypt18439127237226.4%
China262310243233-3.8%
Saudi Arabia28.635910911257.6%
Others359487298227-14.2%
Total4,0275,1713,7644,4683.5%

Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Sudan in 2022:

  1. South Africa (813.4 tons)
  2. United States (684.8 tons)
  3. France (400.0 tons)
  4. China (156.4 tons)
  5. Egypt (112.9 tons)
  6. Saudi Arabia (26.1 tons)

Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sudan

In 2022, shipments abroad of soups and broths and preparations therefor; homogenised composite food preparationses was finally on the rise to reach 6.5 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a dramatic setback.

In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses skyrocketed to $26K in 2022. In general, exports, however, showed a significant contraction.

Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar10134.718.026.3-36.1%
OthersN/AN/AN/A0.10%
Total10134.718.026.4-36.1%

Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Sudan in 2022:

  1. Qatar (6.4 tons)

Source: IndexBox Market Intelligence Platform

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