Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Sudan - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Sudan (CIF) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Sudan
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Sudan (CIF) - 2022
The average import price for raw cane sugar (without flavoring or coloring matter) stood at $367 per ton in 2022, flattening at the previous year. In general, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2015 an increase of 17%. The import price peaked at $784 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($5,874 per ton), while the price for India ($359 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 (+90.9%), while the prices for the other major suppliers experienced a decline.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Sudan
In 2022, purchases abroad of raw cane sugar (without flavoring or coloring matter) decreased by -3.8% to 1.5K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 8.1%. As a result, imports reached the peak of 1.6K tons, and then reduced in the following year.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) dropped to $566K in 2022. The total import value increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 19% against the previous year.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 369 | 486 | 540 | 514 | 11.7% |
| Egypt | 62.0 | 51.9 | 54.8 | 49.5 | -7.2% |
| Others | 20.4 | N/A | N/A | 2.9 | -47.8% |
| Total | 451 | 538 | 595 | 566 | 7.9% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Sudan in 2022:
- India (1430.8 tons)
- Egypt (111.0 tons)
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