Milled Rice Price in Sudan - 2022
Contents:
Milled Rice Price in Sudan (CIF) - 2022
The average milled rice import price stood at $426 per ton in 2022, picking up by 10% against the previous year. Overall, the import price, however, saw a mild descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 10% against the previous year. The import price peaked at $491 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($1,189 per ton), while the price for Vietnam ($146 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Milled Rice Imports in Sudan
In 2022, imports of semi-milled or wholly milled (bleached) rice into Sudan surged to 116K tons, with an increase of 28% on the year before. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, milled rice imports surged to $50M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Milled Rice in Sudan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 35.3 | 19.1 | 16.1 | 34.1 | -1.1% |
| China | 3.1 | 8.8 | 14.8 | 7.0 | 31.2% |
| Egypt | 0.1 | 0.2 | 0.5 | 5.2 | 273.3% |
| Turkey | 0.8 | 1.0 | 1.4 | 2.4 | 44.2% |
| Others | 2.5 | 1.3 | 2.2 | 0.9 | -28.9% |
| Total | 41.6 | 30.3 | 35.0 | 49.6 | 6.0% |
Top Suppliers of Milled Rice to Sudan in 2022:
- India (85.5K tons)
- China (19.8K tons)
- Egypt (5.1K tons)
- Turkey (3.9K tons)
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