Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Sudan - 2022

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Sudan (CIF) - 2022
2. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Sudan

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Sudan (CIF) - 2022

In 2022, the average import price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $17,393 per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 157% against the previous year. The import price peaked at $17,617 per ton in 2021, and then fell slightly 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 China ($17,776 per ton), while the price for India amounted to $11,233 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Sudan

In 2022, purchases abroad of polymers, natural; alginic acid, its salts and esters, in primary formses decreased by -15.1% to 512 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of 603 kg, and then fell rapidly in the following year.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses dropped dramatically to $8.9K in 2022. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 92% against the previous year.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Sudan in 2022:

1. China (482.0 kg)
2. India (30.0 kg)

Source: IndexBox Market Intelligence Platform