Price for Cereal Flour; of Maize (Corn) in Sudan - 2022

Contents:

  1. Price for Cereal Flour; of Maize (Corn) in Sudan (CIF) - 2022
  2. Price for Cereal Flour; of Maize (Corn) in Sudan (FOB) - 2022
  3. Imports of Cereal Flour; of Maize (Corn) in Sudan
  4. Exports of Cereal Flour; of Maize (Corn) in Sudan

Price for Cereal Flour; of Maize (Corn) in Sudan (CIF) - 2022

In 2022, the average import price for cereal flour; of maize (corn) amounted to $893 per ton, with a decrease of -12.6% against the previous year. Over the period under review, the import price, however, showed temperate growth. The most prominent rate of growth was recorded in 2015 an increase of 39%. The import price peaked at $1,021 per ton in 2021, and then shrank in the following year.

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 Arab Emirates ($1,979 per ton), while the price for Ethiopia ($350 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereal Flour; of Maize (Corn) in Sudan (FOB) - 2022

In 2022, the average export price for cereal flour; of maize (corn) amounted to $317 per ton, rising by 5.5% against the previous year. Overall, the export price, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by 67%. As a result, the export price attained the peak level of $537 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1,166 per ton), while the average price for exports to the United Arab Emirates totaled $218 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Flour; of Maize (Corn) in Sudan

After two years of decline, overseas purchases of cereal flour; of maize (corn) increased by 35% to 1.3K tons in 2022. Over the period under review, imports, however, faced a abrupt setback.

In value terms, cereal flour; of maize (corn) imports skyrocketed to $1.2M in 2022. Overall, imports, however, recorded a abrupt shrinkage.

Import of Cereal Flour; of Maize (Corn) in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates63.620.04.839283.3%
Italy71653731.1385-18.7%
Ethiopia55041222.6280-20.2%
Netherlands8.311.01.037.465.2%
MalawiN/AN/A776N/A0%
Egypt157349158N/A0.3%
Turkey52.49.7N/AN/A-81.5%
Others35.017.83.983.233.5%
Total1,5821,3569981,177-9.4%

Top Suppliers of Cereal Flour; of Maize (Corn) to Sudan in 2022:

  1. Ethiopia (797.8 tons)
  2. Italy (276.5 tons)
  3. United Arab Emirates (197.9 tons)
  4. Netherlands (23.9 tons)

Exports of Cereal Flour; of Maize (Corn) in Sudan

After three years of growth, shipments abroad of cereal flour; of maize (corn) decreased by -7.8% to 23 tons in 2022. The total export volume increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 18%. As a result, the exports reached the peak of 25 tons, and then shrank in the following year.

In value terms, cereal flour; of maize (corn) exports dropped slightly to $7.2K in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 5.9% against the previous year.

Export of Cereal Flour; of Maize (Corn) in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates5.95.65.24.5-8.6%
France0.71.41.72.858.7%
OthersN/AN/A0.5N/A0%
Total6.77.07.57.32.9%

Top Export Markets for Cereal Flour; of Maize (Corn) from Sudan in 2022:

  1. United Arab Emirates (20.5 tons)
  2. France (2.4 tons)

Source: IndexBox Market Intelligence Platform

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