
Sudan - Nuts (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights
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Sudan: Nuts Market 2022
Nuts Market Size in Sudan
After two years of growth, the Sudanese nuts market decreased by -X% to $X in 2021. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2013 indices. Over the period under review, the market hit record highs at $X in 2020, and then reduced modestly in the following year.
Nuts Production in Sudan
In value terms, nuts production declined to $X in 2021 estimated in export price. Over the period under review, the total production indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then fell in the following year.
Nuts Exports
Exports from Sudan
In 2021, the amount of nuts (prepared or preserved) exported from Sudan skyrocketed to X tons, rising by X% against the previous year's figure. Overall, exports continue to indicate strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, nuts exports soared to $X in 2021. Over the period under review, exports showed buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.
Exports by Country
Turkey (X tons) was the main destination for nuts exports from Sudan, accounting for a X% share of total exports. Moreover, nuts exports to Turkey exceeded the volume sent to the second major destination, the UK (X tons), eightfold. Canada (X tons) ranked third in terms of total exports with a X% share.
From 2012 to 2021, the average annual growth rate of volume to Turkey stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Canada (-X% per year).
In value terms, Turkey ($X) remains the key foreign market for nuts exports from Sudan, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by the UK, with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Turkey totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and the UK (-X% per year).
Export Prices by Country
In 2021, the average nuts export price amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the export price saw a abrupt decline. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced a decline.
Nuts Imports
Imports into Sudan
In 2021, supplies from abroad of nuts (prepared or preserved) decreased by -X% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth imports failed to regain momentum.
In value terms, nuts imports contracted remarkably to $X in 2021. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth imports remained at a lower figure.
Imports by Country
The United Arab Emirates (X tons), China (X tons) and the Netherlands (X tons) were the main suppliers of nuts imports to Sudan, with a combined X% share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest nuts suppliers to Sudan were the United Arab Emirates ($X), the Netherlands ($X) and India ($X), with a combined X% share of total imports.
In terms of the main suppliers, the Netherlands, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average nuts import price stood at $X per ton in 2021, with a decrease of -X% against the previous year. Overall, the import price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the nuts 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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