Price for Spices; Vanilla, Crushed or Ground in Sudan - 2022

Contents:

  1. Price for Spices; Vanilla, Crushed or Ground in Sudan (CIF) - 2022
  2. Imports of Spices; Vanilla, Crushed or Ground in Sudan

Price for Spices; Vanilla, Crushed or Ground in Sudan (CIF) - 2022

The average import price for spices; vanilla, crushed or ground stood at $5,545 per ton in 2022, which is down by -1.8% against the previous year. Over the period under review, the import price, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 627%. As a result, import price reached the peak level of $7,924 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($5,791 per ton), while the price for the United Arab Emirates totaled $1,634 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+13.3%).

Imports of Spices; Vanilla, Crushed or Ground in Sudan

In 2022, after three years of growth, there was significant decline in purchases abroad of spices; vanilla, crushed or ground, when their volume decreased by -44.3% to 9.8 tons. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 779% against the previous year. As a result, imports attained the peak of 18 tons, and then declined sharply in the following year.

In value terms, spices; vanilla, crushed or ground imports contracted remarkably to $54K in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 965%. As a result, imports attained the peak of $100K, and then dropped rapidly in the following year.

Import of Spices; Vanilla, Crushed or Ground in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia4.48.692.553.5130.0%
United Arab Emirates0.10.81.70.9108.0%
OthersN/AN/A5.3N/A0%
Total4.59.399.654.5129.6%

Top Suppliers of Spices; Vanilla, Crushed or Ground to Sudan in 2022:

  1. Saudi Arabia (9.2 tons)
  2. United Arab Emirates (0.6 tons)

Source: IndexBox Market Intelligence Platform

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