Sudan - Inulin - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Sudan: Inulin Market 2022
Inulin Market Size in Sudan
In 2021, after two years of growth, there was decline in the Sudanese inulin market, when its value decreased by -2.3% to $X. Overall, consumption posted significant growth. Inulin consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.
Imports into Sudan
In 2021, supplies from abroad of inulin was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 462%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.
In value terms, inulin imports contracted modestly to $X in 2021. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2013 when imports increased by 192%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, India (X tons) was the main supplier of inulin to Sudan, with a approx. 100% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from India amounted to +30.2%.
In value terms, India ($X) constituted the largest supplier of inulin to Sudan.
From 2012 to 2021, the average annual rate of growth in terms of value from India stood at +20.6%.
Import Prices by Country
The average inulin import price stood at $X per ton in 2021, declining by -5.8% against the previous year. Overall, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2018 an increase of 80% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to +36.2% per year.
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This report provides an in-depth analysis of the inulin market in Sudan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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