Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Sudan - 2022

Contents:

  1. Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Sudan (CIF) - 2022
  2. Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Sudan (FOB) - 2022
  3. Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Sudan
  4. Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Sudan

Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Sudan (CIF) - 2022

The average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $5,653 per ton in 2022, dropping by -3.3% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.4% 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 spices; fruits of the genus capsicum or pimenta, crushed or ground increased by +23.6% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 42%. Over the period under review, average import prices reached the maximum at $5,845 per ton in 2021, and then reduced slightly 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 Pakistan ($5,973 per ton), while the price for China ($2,168 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 (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Sudan (FOB) - 2022

The average export price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $1,379 per ton in 2022, which is down by -28.7% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 97%. As a result, the export price reached the peak level of $1,934 per ton, and then declined significantly in the following year.

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 France ($10,952 per ton), while the average price for exports to Germany ($1,062 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 France (+21.5%).

Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Sudan

After three years of growth, supplies from abroad of spices; fruits of the genus capsicum or pimenta, crushed or ground decreased by -15.1% to 42 tons in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 87%.

In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground shrank dramatically to $238K in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 126%.

Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia35.812724219375.3%
Austria9.616.117.622.132.0%
Netherlands3.40.610.311.951.8%
Pakistan10.57.36.34.9-22.4%
India19.417.810.72.3-50.9%
China1.50.91.42.315.3%
Others2.417.02.01.7-10.9%
Total82.618629023842.3%

Top Suppliers of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground to Sudan in 2022:

  1. Indonesia (32.5 tons)
  2. Austria (4.4 tons)
  3. Netherlands (2.3 tons)
  4. China (1.1 tons)
  5. Pakistan (0.8 tons)
  6. India (0.6 tons)

Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Sudan

In 2022, the amount of spices; fruits of the genus capsicum or pimenta, crushed or ground exported from Sudan soared to 865 kg, surging by 19% compared with the previous year. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,943% against the previous year. As a result, the exports attained the peak of 1 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground reduced markedly to $1.2K in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,623% against the previous year.

Export of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Sudan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany53.0933579733140.0%
LebanonN/AN/AN/A2300%
France4.046.023.0230286.0%
CanadaN/A3.0730N/A24233.3%
OthersN/AN/A74.0N/A0%
Total57.09821,4061,193175.6%

Top Export Markets for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground from Sudan in 2022:

  1. Germany (690.0 kg)
  2. Lebanon (154.0 kg)
  3. France (21.0 kg)

Source: IndexBox Market Intelligence Platform

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