Price for Cereal Groats; Meal and Pellets in Sudan - 2022

Contents:

1. Price for Cereal Groats; Meal and Pellets in Sudan (CIF) - 2022
2. Price for Cereal Groats; Meal and Pellets in Sudan (FOB) - 2022
3. Imports of Cereal Groats; Meal and Pellets in Sudan
4. Exports of Cereal Groats; Meal and Pellets in Sudan

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

In 2022, the average import price for cereal groats; meal and pelletses amounted to $521 per ton, rising by 12% against the previous year. In general, the import price, however, continues to indicate a slight setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 48%. Over the period under review, average import prices attained the peak figure at $575 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($908 per ton), while the price for Saudi Arabia ($315 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cereal groats; meal and pelletses amounted to $300 per ton, reducing by -1.8% against the previous year. Overall, the export price showed a slight decrease. The pace of growth was the most pronounced in 2018 when the average export price increased by 37% against the previous year. The export price peaked at $347 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($1,234 per ton), while the average price for exports to Niger ($115 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+0.6%), while the prices for the other major destinations experienced a decline.

Imports of Cereal Groats; Meal and Pellets in Sudan

In 2022, the amount of cereal groats; meal and pelletses imported into Sudan soared to 4K tons, with an increase of 52% compared with the previous year. The total import volume increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereal groats; meal and pellets imports soared to $2.1M in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Egypt (2238.0 tons)
2. China (583.0 tons)
3. Ukraine (566.1 tons)
4. India (350.1 tons)
5. Saudi Arabia (160.9 tons)
6. Brazil (92.0 tons)
7. Jordan (54.9 tons)

Exports of Cereal Groats; Meal and Pellets in Sudan

In 2022, overseas shipments of cereal groats; meal and pelletses decreased by -85.8% to 8.3 tons, falling for the second consecutive year after two years of growth. In general, exports saw a precipitous curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 219%. As a result, the exports attained the peak of 157 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cereal groats; meal and pellets exports shrank significantly to $2.5K in 2022. Over the period under review, exports continue to indicate a sharp decrease. The growth pace was the most rapid in 2020 when exports increased by 228% against the previous year. As a result, the exports attained the peak of $46K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Cereal Groats; Meal and Pellets from Sudan in 2022:

1. United Arab Emirates (7.1 tons)
2. Niger (0.9 tons)
3. Bahrain (0.2 tons)

Source: IndexBox Market Intelligence Platform