Price for Cereal Groats and Meal; of Wheat in Sudan - 2022

Price for Cereal Groats and Meal; of Wheat in Sudan (CIF) - 2022

The average import price for cereal groats and meal; of wheats stood at $804 per ton in 2022, picking up by 14% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereal groats and meal; of wheats increased by +59.4% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 40%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($979 per ton), while the price for Egypt amounted to $802 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Groats and Meal; of Wheat in Sudan (FOB) - 2022

In 2022, the average export price for cereal groats and meal; of wheats amounted to $116 per ton, falling by -39.7% against the previous year. In general, the export price saw a sharp curtailment. The most prominent rate of growth was recorded in 2017 a decrease of -13.1% against the previous year. The export price peaked at $1,285 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to -21.4% per year.

Imports of Cereal Groats and Meal; of Wheat in Sudan

In 2022, imports of cereal groats and meal; of wheats into Sudan skyrocketed to 374 tons, jumping by 36% on 2021. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 1,981%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of cereal groats and meal; of wheats skyrocketed to $301K in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,714% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Cereal Groats and Meal; of Wheat in Sudan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Egypt	4.6	80.3	183	297	301.2%
Turkey	0.2	5.7	3.8	2.2	122.4%
Others	N/A	2.0	7.4	1.4	-16.3%
Total	4.8	88.0	194	301	297.3%

Top Suppliers of Cereal Groats and Meal; of Wheat to Sudan in 2022:

Egypt (370.5 tons)
Turkey (2.2 tons)

Exports of Cereal Groats and Meal; of Wheat in Sudan

For the fourth consecutive year, Sudan recorded growth in shipments abroad of cereal groats and meal; of wheats, which increased by 67% to 8.3 tons in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cereal groats and meal; of wheats stood at $970 in 2022. The total export value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 33% against the previous year. As a result, the exports attained the peak of $1K. From 2021 to 2022, the growth of the exports of failed to regain momentum.