Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Sudan - 2022

Contents:

1. Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Sudan (CIF) - 2022
2. Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Sudan (FOB) - 2022
3. Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Sudan
4. Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Sudan

Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Sudan (CIF) - 2022

The average import price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $425 per ton in 2022, reducing by -7.8% against the previous year. Over the period under review, the import price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2021 an increase of 22% against the previous year. Over the period under review, average import prices attained the peak figure at $673 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 ($783 per ton), while the price for Brazil ($318 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+4.9%), while the prices for the other major suppliers experienced a decline.

Price for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Sudan (FOB) - 2022

The average export price for white sugar (containing >= 99,5% sucrose) and chemically pure sucrose stood at $496 per ton in 2022, reducing by -4.3% against the previous year. Overall, the export price showed a slight slump. The pace of growth was the most pronounced in 2013 when the average export price increased by 9.9% against the previous year. As a result, the export price attained the peak level of $652 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +9.9% per year.

Imports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Sudan

After three years of growth, supplies from abroad of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose decreased by -12.8% to 1.6M tons in 2022. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of 1.9M tons, and then fell in the following year.

In value terms, imports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose shrank dramatically to $689M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.1% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 64% against the previous year. As a result, imports attained the peak of $857M, and then shrank significantly in the following year.

Top Suppliers of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose to Sudan in 2022:

1. India (1148.4K tons)
2. United Arab Emirates (164.9K tons)
3. Saudi Arabia (77.0K tons)
4. Egypt (76.5K tons)
5. Thailand (73.7K tons)
6. Pakistan (28.1K tons)
7. Brazil (25.2K tons)

Exports of White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose in Sudan

Exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose from Sudan reduced modestly to 22 tons in 2022, almost unchanged from 2021 figures. In general, exports recorded a relatively flat trend pattern.

In value terms, exports of white sugar (containing >= 99,5% sucrose) and chemically pure sucrose fell to $11K in 2022. Overall, exports saw a perceptible decrease.

Top Export Markets for White Sugar (Containing >= 99,5% Sucrose) and Chemically Pure Sucrose from Sudan in 2022:

1. Spain (22.2 tons)

Source: IndexBox Market Intelligence Platform