Price for Flours and Meals; of Soya Beans in Sudan - 2022

Contents:

1. Price for Flours and Meals; of Soya Beans in Sudan (CIF) - 2022
2. Imports of Flours and Meals; of Soya Beans in Sudan

Price for Flours and Meals; of Soya Beans in Sudan (CIF) - 2022

In 2022, the average import price for flours and meals; of soya beanses amounted to $749 per ton, with a decrease of -16.3% against the previous year. Over the period under review, the import price, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 44%. As a result, import price attained the peak level of $894 per ton, and then plummeted 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 Ethiopia ($1,192 per ton), while the price for Egypt amounted to $536 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Flours and Meals; of Soya Beans in Sudan

In 2022, purchases abroad of flours and meals; of soya beanses was finally on the rise to reach 86 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a deep downturn.

In value terms, imports of flours and meals; of soya beanses rose notably to $64K in 2022. In general, imports, however, continue to indicate a noticeable curtailment.

Top Suppliers of Flours and Meals; of Soya Beans to Sudan in 2022:

1. Egypt (58.1 tons)
2. Ethiopia (27.8 tons)

Source: IndexBox Market Intelligence Platform