Price for Iron Oxides and Hydroxides in Sudan - 2022
Contents:
- Price for Iron Oxides and Hydroxides in Sudan (CIF) - 2022
- Imports of Iron Oxides and Hydroxides in Sudan
Price for Iron Oxides and Hydroxides in Sudan (CIF) - 2022
In 2022, the average iron oxides and hydroxides import price amounted to $1,673 per ton, jumping by 74% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 India ($7,947 per ton), while the price for Egypt ($1,302 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Iron Oxides and Hydroxides in Sudan
In 2022, approx. 349 tons of iron oxides and hydroxideses were imported into Sudan; waning by -9% against the year before. Overall, imports showed a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. As a result, imports attained the peak of 383 tons, and then reduced in the following year.
In value terms, iron oxides and hydroxides imports soared to $584K in 2022. Over the period under review, imports, however, continue to indicate moderate growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron Oxides and Hydroxides in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 423 | 176 | 313 | 440 | 1.3% |
| Egypt | 68.7 | 47.4 | 33.0 | 70.7 | 1.0% |
| United Arab Emirates | 10.8 | 28.4 | 16.7 | 46.6 | 62.8% |
| Others | 8.2 | 5.3 | 5.4 | 26.3 | 47.5% |
| Total | 510 | 257 | 368 | 584 | 4.6% |
Top Suppliers of Iron Oxides and Hydroxides to Sudan in 2022:
- China (264.6 tons)
- Egypt (54.3 tons)
- United Arab Emirates (26.8 tons)
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