Sudan: Market for Cereal Grain Products (Including Corn Flakes) 2024

Market Size for Cereal Grain Products (Including Corn Flakes) in Sudan

The Sudanese market for cereal grain products (including corn flakes) rose sharply to $X in 2022, picking up by X% against the previous year. Overall, consumption enjoyed buoyant growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Cereal Grain Products (Including Corn Flakes) in Sudan

In value terms, corn flakes and cereal products production rose markedly to $X in 2022 estimated in export price. In general, production saw a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Cereal Grain Products (Including Corn Flakes)

Exports from Sudan

In 2022, overseas shipments of cereal grain products (including corn flakes) were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, corn flakes and cereal products exports skyrocketed to $X in 2022. Over the period under review, exports showed a prominent expansion. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for corn flakes and cereal products exports from Sudan, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia amounted to X%.

In value terms, Saudi Arabia ($X) also remains the key foreign market for cereal grain products (including corn flakes) exports from Sudan.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia amounted to X%.

Export Prices by Country

In 2022, the average export price for cereal grain products (including corn flakes) amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price, however, continues to indicate a temperate increase. The growth pace was the most rapid in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to X% per year.

Imports of Cereal Grain Products (Including Corn Flakes)

Imports into Sudan

Corn flakes and cereal products imports into Sudan contracted to X tons in 2022, dropping by X% compared with the previous year. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, corn flakes and cereal products imports fell markedly to $X in 2022. Overall, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at $X in 2021, and then contracted markedly in the following year.

Imports by Country

In 2022, Egypt (X tons) constituted the largest supplier of corn flakes and cereal products to Sudan, with a X% share of total imports. Moreover, corn flakes and cereal products imports from Egypt exceeded the figures recorded by the second-largest supplier, Jordan (X tons), twofold. The United Arab Emirates (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Egypt totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (X% per year) and the United Arab Emirates (X% per year).

In value terms, Egypt ($X) constituted the largest supplier of cereal grain products (including corn flakes) to Sudan, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Jordan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Egypt totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Jordan (X% per year).

Import Prices by Country

In 2022, the average import price for cereal grain products (including corn flakes) amounted to $X per ton, declining by X% against the previous year. In general, the import price, however, saw a resilient increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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