Price for Metals; Silver, Unwrought, (But Not Powder) in Sudan - 2022

Contents:

  1. Price for Metals; Silver, Unwrought, (But Not Powder) in Sudan (FOB) - 2022
  2. Price for Metals; Silver, Unwrought, (But Not Powder) in Sudan (CIF) - 2022
  3. Exports of Metals; Silver, Unwrought, (But Not Powder) in Sudan
  4. Imports of Metals; Silver, Unwrought, (But Not Powder) in Sudan

Price for Metals; Silver, Unwrought, (But Not Powder) in Sudan (FOB) - 2022

The average export price for metals; silver, unwrought, (but not powder) stood at $652,755 per ton in 2022, with a decrease of -26.7% against the previous year. Overall, the export price recorded a abrupt descent. The pace of growth was the most pronounced in 2020 when the average export price increased by 39%. The export price peaked at $1,162,392 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -5.6% per year.

Price for Metals; Silver, Unwrought, (But Not Powder) in Sudan (CIF) - 2022

The average import price for metals; silver, unwrought, (but not powder) stood at $739,950 per ton in 2022, shrinking by -28.8% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 58% against the previous year. As a result, import price reached the peak level of $1,039,111 per ton, and then reduced rapidly 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 Morocco ($984,714 per ton), while the price for the United Arab Emirates totaled $608,154 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+22.0%).

Exports of Metals; Silver, Unwrought, (But Not Powder) in Sudan

Exports of metals; silver, unwrought, (but not powder) from Sudan surged to 2 tons in 2022, picking up by 98% on 2021. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 158% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of metals; silver, unwrought, (but not powder) soared to $1.3M in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 259% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Metals; Silver, Unwrought, (But Not Powder) in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2831,0179121,32267.2%
OthersN/AN/AN/AN/A0%
Total2831,0179121,32267.2%

Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Sudan in 2022:

  1. United Arab Emirates (2.0 tons)

Imports of Metals; Silver, Unwrought, (But Not Powder) in Sudan

For the fourth consecutive year, Sudan recorded growth in overseas purchases of metals; silver, unwrought, (but not powder), which increased by 122% to 20 kg in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of metals; silver, unwrought, (but not powder) skyrocketed to $15K in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 103%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Metals; Silver, Unwrought, (But Not Powder) in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2.83.76.27.941.3%
Morocco0.40.83.26.9158.4%
TurkeyN/A0.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.24.69.414.866.6%

Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Sudan in 2022:

  1. United Arab Emirates (13.0 kg)
  2. Morocco (7.0 kg)

Source: IndexBox Market Intelligence Platform

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