Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Sudan - 2022

Contents:

  1. Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Sudan (FOB) - 2022
  2. Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Sudan (CIF) - 2022
  3. Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Sudan
  4. Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Sudan

Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Sudan (FOB) - 2022

In 2022, the average export price for fresh or chilled boneless cuts of bovine meat amounted to $9,873 per ton, surging by 72% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Jordan ($12,395 per ton), while the average price for exports to Saudi Arabia ($7,807 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 Jordan (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Sudan (CIF) - 2022

In 2022, the average import price for fresh or chilled boneless cuts of bovine meat amounted to $7,693 per ton, jumping by 27% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the average import price increased by 74%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +284.4% per year.

Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Sudan

In 2022, shipments abroad of fresh or chilled boneless cuts of bovine meat decreased by -97.3% to 18 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 5,032% against the previous year. As a result, the exports reached the peak of 1.3K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fresh or chilled boneless cuts of bovine meat contracted remarkably to $175K in 2022. In general, exports, however, recorded a slight expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 4,187%. As a result, the exports attained the peak of $7.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Fresh or Chilled Boneless Cuts of Bovine Meat in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/A1651661701.5%
Jordan27.60.90.81.0-66.9%
United Arab Emirates1424.93.00.4-85.9%
OthersN/A7,0973,5523.2-97.9%
Total1707,2683,7211751.0%

Top Export Markets for Fresh or Chilled Boneless Cuts of Bovine Meat from Sudan in 2022:

  1. Saudi Arabia (21.8 tons)
  2. Jordan (0.1 tons)

Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Sudan

In 2022, imports of fresh or chilled boneless cuts of bovine meat into Sudan contracted dramatically to 475 kg, falling by -88.3% against the previous year. Over the period under review, imports recorded a sharp setback. The smallest decline of -36.2% was in 2020.

In value terms, imports of fresh or chilled boneless cuts of bovine meat reduced notably to $3.7K in 2022. In general, imports recorded a precipitous slump. The smallest decline of -36.6% was in 2020.

Import of Fresh or Chilled Boneless Cuts of Bovine Meat in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates93.554.924.741.9-23.5%
Others-1.33.5N/A-38.2208.6%
Total92.358.524.73.7-65.8%

Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Sudan in 2022:

  1. United Arab Emirates (6.7 tons)

Source: IndexBox Market Intelligence Platform

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