Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Sudan - 2022

Contents:

1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Sudan (CIF) - 2022
2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Sudan (FOB) - 2022
3. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Sudan
4. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Sudan

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Sudan (CIF) - 2022

In 2022, the average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $1,403 per ton, almost unchanged from the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 85% against the previous year. Over the period under review, average import prices reached the maximum at $1,438 per ton in 2012; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for Jordan amounted to -0.2% per year.

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Sudan (FOB) - 2022

The average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $1,064 per ton in 2022, reducing by -28.2% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 88% against the previous year. As a result, the export price reached the peak level of $2,073 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($2,589 per ton), while the average price for exports to Indonesia ($1,010 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+16.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Sudan

For the fourth consecutive year, Sudan recorded growth in purchases abroad of ground-nuts; other than seed, not roasted or otherwise cooked, in shell, which increased by 0.5% to 181 tons in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% 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 +52.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $254K in 2022. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 144% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to Sudan in 2022:

1. Jordan (180.8 tons)

Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Sudan

Exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell from Sudan dropped rapidly to 100 tons in 2022, declining by -69.3% compared with 2021 figures. Overall, exports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 353%. As a result, the exports reached the peak of 327 tons, and then reduced notably in the following year.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell fell sharply to $107K in 2022. Over the period under review, exports, however, posted a tangible increase. The growth pace was the most rapid in 2021 with an increase of 726%. As a result, the exports attained the peak of $484K, and then dropped significantly in the following year.

Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Sudan in 2022:

1. Indonesia (93.7 tons)
2. Jordan (2.7 tons)
3. United Arab Emirates (1.5 tons)
4. Saudi Arabia (1.2 tons)

Source: IndexBox Market Intelligence Platform