Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Sudan - 2022

Contents:

  1. Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Sudan (CIF) - 2022
  2. Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Sudan

Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Sudan (CIF) - 2022

The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $2,166 per ton in 2022, picking up by 25% against the previous year. In general, import price indicated a tangible 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. Based on 2022 figures, import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds increased by +114.0% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of 49% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +3.6% per year.

Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Sudan

In 2022, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds into Sudan declined notably to 410 kg, falling by -24.5% against the previous year. In general, imports faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year.

In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds reduced to $888 in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 14% against the previous year.

Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Sudan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa7388383938886.4%
United Arab EmiratesN/AN/A546N/A0%
OthersN/AN/AN/AN/A0%
Total7388389398886.4%

Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Sudan in 2022:

  1. South Africa (410.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Vegetable oils; linseed oil and its fractions, crude, not chemically modified - Sudan