Price for Wood Chips and Particles in Sudan - 2022

Contents:

  1. Price for Wood Chips and Particles in Sudan (CIF) - 2022
  2. Price for Wood Chips and Particles in Sudan (FOB) - 2022
  3. Imports of Wood Chips and Particles in Sudan
  4. Exports of Wood Chips and Particles in Sudan

Price for Wood Chips and Particles in Sudan (CIF) - 2022

In 2022, the average wood chips and particles import price amounted to $139 per cubic meter, picking up by 23% against the previous year. Over the period under review, the import price, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2019 an increase of 121% against the previous year. The import price peaked at $234 per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the United Arab Emirates ($2,415 per cubic meter), while the price for Egypt ($123 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood Chips and Particles in Sudan (FOB) - 2022

In 2021, the average wood chips and particles export price amounted to $162 per cubic meter, therefore, remained relatively stable against the previous year. In general, the export price posted buoyant growth. The pace of growth was the most pronounced in 2015 an increase of 4.7% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the near future.

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

From 2013 to 2021, the rate of growth in terms of prices for Ethiopia amounted to +4.8% per year.

Imports of Wood Chips and Particles in Sudan

In 2022, after two years of decline, there was significant growth in purchases abroad of wood chips and particles, when their volume increased by 13% to 552 cubic meters. Overall, imports, however, faced a deep contraction. Over the period under review, imports reached the peak figure at 1K cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, wood chips and particles imports surged to $77K in 2022. In general, imports, however, recorded a abrupt descent. Imports peaked at $108K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Wood Chips and Particles in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt87.075.945.664.5-9.5%
Germany9.87.25.06.4-13.2%
Others11.26.44.55.8-19.7%
Total10889.455.176.7-10.8%

Top Suppliers of Wood Chips and Particles to Sudan in 2022:

  1. Egypt (524.0 cubic meters)
  2. Germany (23.0 cubic meters)

Exports of Wood Chips and Particles in Sudan

In 2021, wood chips and particles exports from Sudan amounted to 21 cubic meters, almost unchanged from the year before. In general, exports posted a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, wood chips and particles exports stood at $3.4K in 2021. Over the period under review, exports showed significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Export of Wood Chips and Particles in Sudan (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Saudi ArabiaN/AN/A3.40%
Ethiopia0.3N/AN/A0%
United Arab Emirates0.1N/AN/A0%
OthersN/AN/AN/A0%
Total0.4N/A3.4191.5%

Top Export Markets for Wood Chips and Particles from Sudan in 2022:

  1. Saudi Arabia (21.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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