Cereals; Millet, Seed Price in Sudan - 2022

Contents:

  1. Cereals; Millet, Seed Price in Sudan (CIF) - 2022
  2. Cereals; Millet, Seed Price in Sudan (FOB) - 2022
  3. Cereals; Millet, Seed Imports in Sudan
  4. Cereals; Millet, Seed Exports in Sudan

Cereals; Millet, Seed Price in Sudan (CIF) - 2022

In 2022, the average cereals; millet, seed import price amounted to $1,886 per ton, with an increase of 35% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 an increase of 54%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +9.7% per year.

Cereals; Millet, Seed Price in Sudan (FOB) - 2022

The average cereals; millet, seed export price stood at $784 per ton in 2022, waning by -13% against the previous year. Overall, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 55%. Over the period under review, the average export prices attained the peak figure at $1,432 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +131.3% per year.

Cereals; Millet, Seed Imports in Sudan

In 2022, overseas purchases of cereals; millet, seeds decreased by -25.6% to 112 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 341% against the previous year. As a result, imports reached the peak of 231 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, cereals; millet, seed imports reached $212K in 2022. In general, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 536% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Cereals; Millet, Seed in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India32.920921121286.1%
OthersN/AN/AN/AN/A0%
Total32.920921121286.1%

Top Suppliers of Cereals; Millet, Seed to Sudan in 2022:

  1. India (112.2 tons)

Cereals; Millet, Seed Exports in Sudan

Cereals; millet, seed exports from Sudan skyrocketed to 11 tons in 2022, jumping by 403% on the previous year. Over the period under review, exports, however, continue to indicate a mild descent.

In value terms, cereals; millet, seed exports skyrocketed to $8.9K in 2022. In general, exports continue to indicate a mild increase.

Export of Cereals; Millet, Seed in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar8.61.51.08.91.1%
United KingdomN/A14.61.0N/A-93.2%
OthersN/AN/AN/AN/A0%
Total8.616.02.08.91.1%

Top Export Markets for Cereals; Millet, Seed from Sudan in 2022:

  1. Qatar (11.3 tons)

Source: IndexBox Market Intelligence Platform

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