Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sudan - 2022

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sudan (CIF) - 2022
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sudan (FOB) - 2022
  3. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sudan
  4. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sudan

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sudan (CIF) - 2022

In 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $3,302 per ton, rising by 5.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2013 an increase of 46% against the previous year. Over the period under review, average import prices attained the maximum at $3,838 per ton 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 Saudi Arabia ($7,156 per ton), while the price for China ($2,164 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+32.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sudan (FOB) - 2022

The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $2,440 per ton in 2022, falling by -8% against the previous year. Overall, the export price showed a abrupt slump. Over the period under review, the average export prices attained the maximum at $8,571 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sudan

After three years of growth, overseas purchases of adhesives; prepared, based on rubber or plastics (including artificial resins) decreased by -6.5% to 1.7K tons in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 58%.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) declined modestly to $5.6M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.9% 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 +68.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 66%.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt1277801,0951,183110.4%
China7571,1597987881.3%
Thailand1,3081,2451,126657-20.5%
United Arab Emirates17736133158949.3%
Taiwan (Chinese)38.770.6131320102.2%
HungaryN/AN/AN/A2790%
Canada15076.235925218.9%
Netherlands11222782820822.9%
India23292072.943.7-42.7%
Others4397239421,30343.7%
Total3,3405,5625,6825,62219.0%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Sudan in 2022:

  1. China (364.0 tons)
  2. Egypt (298.0 tons)
  3. United Arab Emirates (252.0 tons)
  4. Thailand (165.2 tons)
  5. Hungary (95.6 tons)
  6. Canada (80.6 tons)
  7. Netherlands (78.1 tons)
  8. Taiwan (Chinese) (76.8 tons)
  9. India (19.1 tons)

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sudan

In 2022, the amount of adhesives; prepared, based on rubber or plastics (including artificial resins) exported from Sudan rose to 50 kg, picking up by 2% against the previous year's figure. The total export volume increased at an average annual rate of +2.0% over the period from 2021 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) declined to $122 in 2022. Over the period under review, exports, however, saw a abrupt setback.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sudan (USD)
COUNTRY20212022CAGR,
2021-2022
GermanyN/A1220%
United Arab Emirates110N/A0%
Uzbekistan19.0N/A0%
Others1.0N/A0%
Total130122-6.2%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Sudan in 2022:

  1. Germany (50.0 kg)

Source: IndexBox Market Intelligence Platform

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