Bovine Animals; Live Price in Sudan - 2022

Contents:

  1. Bovine Animals; Live Price in Sudan (FOB) - 2022
  2. Bovine Animals; Live Price in Sudan (CIF) - 2022
  3. Bovine Animals; Live Exports in Sudan
  4. Bovine Animals; Live Imports in Sudan

Bovine Animals; Live Price in Sudan (FOB) - 2022

In 2022, the average bovine animals; live export price amounted to $1,682 per unit, increasing by 12% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 77% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,789 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($1,744 per unit), while the average price for exports to Qatar ($1,207 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+5.6%).

Bovine Animals; Live Price in Sudan (CIF) - 2022

The average bovine animals; live import price stood at $1,085 per unit in 2022, remaining relatively unchanged against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bovine animals; live import price increased by +18.5% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 52% against the previous year. Over the period under review, average import prices attained the maximum at $1,872 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 States ($4,188 per unit), while the price for the Netherlands stood at $705 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.5%).

Bovine Animals; Live Exports in Sudan

In 2022, bovine animals; live exports from Sudan fell to 14K units, dropping by -13.2% against 2021. Over the period under review, exports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. Over the period under review, the exports hit record highs at 26K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, bovine animals; live exports fell modestly to $23M in 2022. In general, exports recorded a precipitous setback. The pace of growth was the most pronounced in 2021 when exports increased by 5.5% against the previous year. The exports peaked at $46M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Bovine Animals; Live in Sudan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt45.321.919.218.0-26.5%
JordanN/AN/AN/A3.40%
Qatar0.50.54.01.647.4%
OthersN/A0.10.5N/A400.0%
Total45.922.423.723.0-20.6%

Top Export Markets for Bovine Animals; Live from Sudan in 2022:

  1. Egypt (10.3K units)
  2. Jordan (2.0K units)
  3. Qatar (1.4K units)

Bovine Animals; Live Imports in Sudan

In 2022, after three years of growth, there was significant decline in supplies from abroad of bovine animals; lives, when their volume decreased by -12.3% to 4.8K units. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 49%. Imports peaked at 5.4K units in 2021, and then declined in the following year.

In value terms, bovine animals; live imports dropped to $5.2M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.6% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 52% against the previous year. Over the period under review, imports reached the maximum at $5.9M in 2021, and then fell in the following year.

Import of Bovine Animals; Live in Sudan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.52.42.33.026.0%
United States1.42.01.92.216.3%
Saudi ArabiaN/AN/A1.7N/A0%
OthersN/AN/AN/AN/A0%
Total2.94.45.95.221.5%

Top Suppliers of Bovine Animals; Live to Sudan in 2022:

  1. Netherlands (4.2K units)
  2. United States (0.5K units)

Source: IndexBox Market Intelligence Platform

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