Non-Liquid Margarine Price in Sudan - 2022
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Non-Liquid Margarine Price in Sudan (CIF) - 2022
The average non-liquid margarine import price stood at $1,500 per ton in 2022, reducing by -6.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 27% against the previous year. As a result, import price reached the peak level of $1,607 per ton, and then reduced in the following year.
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 the United Arab Emirates ($1,639 per ton), while the price for Turkey ($966 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Liquid Margarine Imports in Sudan
In 2022, after three years of growth, there was significant decline in overseas purchases of non-liquid margarine, when their volume decreased by -27% to 525 tons. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year. As a result, imports reached the peak of 719 tons, and then reduced dramatically in the following year.
In value terms, non-liquid margarine imports shrank notably to $787K in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 176%. As a result, imports attained the peak of $1.2M, and then declined sharply in the following year.
| Import of Non-Liquid Margarine in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 78.2 | 206 | 946 | 637 | 101.2% |
| United Arab Emirates | 165 | 140 | 172 | 120 | -10.1% |
| Turkey | 42.4 | 34.0 | 15.5 | 17.7 | -25.3% |
| Belgium | 5.6 | 10.0 | 13.8 | 8.9 | 16.7% |
| Indonesia | 8.6 | 24.1 | 4.1 | 2.4 | -34.7% |
| Others | 1.0 | 4.6 | 3.2 | 1.2 | 6.3% |
| Total | 301 | 419 | 1,155 | 787 | 37.8% |
Top Suppliers of Non-Liquid Margarine to Sudan in 2022:
- Egypt (423.4 tons)
- United Arab Emirates (73.3 tons)
- Turkey (18.3 tons)
- Belgium (6.7 tons)
- Indonesia (2.4 tons)
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