Petroleum Jelly Price in Sudan - 2022
Contents:
Petroleum Jelly Price in Sudan (CIF) - 2022
The average petroleum jelly import price stood at $869 per ton in 2022, with a decrease of -14.4% against the previous year. In general, the import price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27%. The import price peaked at $1,114 per ton in 2017; however, from 2018 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 India ($3,255 per ton), while the price for Tanzania ($576 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Petroleum Jelly Imports in Sudan
In 2022, the amount of petroleum jellies imported into Sudan soared to 1.2K tons, jumping by 37% against 2021 figures. In general, imports, however, continue to indicate a deep contraction.
In value terms, petroleum jelly imports soared to $1.1M in 2022. Overall, imports, however, continue to indicate a abrupt curtailment.
| Import of Petroleum Jelly in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 1,040 | 681 | 713 | 745 | -10.5% |
| India | 32.9 | 50.5 | 84.0 | 237 | 93.1% |
| United Arab Emirates | 494 | 483 | 84.2 | 75.4 | -46.6% |
| Tanzania | 12.5 | 11.5 | 24.9 | 12.0 | -1.4% |
| Turkey | 29.8 | 16.7 | 10.8 | 10.8 | -28.7% |
| Others | 1.7 | 1.8 | 4.7 | 2.8 | 18.1% |
| Total | 1,610 | 1,244 | 921 | 1,083 | -12.4% |
Top Suppliers of Petroleum Jelly to Sudan in 2022:
- Iran (1042.7 tons)
- United Arab Emirates (91.5 tons)
- India (72.8 tons)
- Tanzania (20.9 tons)
- Turkey (17.7 tons)
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