Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Sudan - 2022

Contents:

1. Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Sudan (CIF) - 2022
2. Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Sudan (FOB) - 2022
3. Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Sudan
4. Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Sudan

Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Sudan (CIF) - 2022

In 2022, the average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $2,173 per ton, dropping by -7.2% against the previous year. In general, the import price recorded a mild setback. The growth pace was the most rapid in 2021 an increase of 19% against the previous year. Over the period under review, average import prices reached the maximum at $2,615 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($3,346 per ton), while the price for Kuwait ($868 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+4.3%), while the prices for the other major suppliers experienced a decline.

Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Sudan (FOB) - 2022

In 2022, the average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $3,335 per ton, dropping by -6.7% against the previous year. In general, the export price, however, continues to indicate temperate growth. The most prominent rate of growth was recorded in 2019 an increase of 37%. The export price peaked at $3,574 per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($11,576 per ton), while the average price for exports to Kenya ($1,591 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 Turkey (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Sudan

In 2022, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa into Sudan fell to 5.6K tons, with a decrease of -9.5% against the year before. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports attained the peak of 6.2K tons, and then dropped in the following year.

In value terms, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa fell markedly to $12M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.6% 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 +31.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 47%. As a result, imports attained the peak of $15M, and then dropped sharply in the following year.

Top Suppliers of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa to Sudan in 2022:

1. Egypt (2344.2 tons)
2. India (737.3 tons)
3. Turkey (688.4 tons)
4. Kenya (495.1 tons)
5. Kuwait (276.4 tons)
6. Saudi Arabia (260.8 tons)
7. China (222.0 tons)

Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Sudan

Exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa from Sudan shrank remarkably to 21 tons in 2022, dropping by -23.3% against the year before. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 88%. As a result, the exports reached the peak of 27 tons, and then reduced remarkably in the following year.

In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa declined remarkably to $70K in 2022. Overall, exports, however, enjoyed resilient growth. The growth pace was the most rapid in 2021 when exports increased by 132% against the previous year. As a result, the exports reached the peak of $98K, and then fell significantly in the following year.

Top Export Markets for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa from Sudan in 2022:

1. Kenya (11.1 tons)
2. Saudi Arabia (4.7 tons)
3. United States (3.2 tons)
4. France (1.5 tons)
5. Bahrain (0.3 tons)
6. United Arab Emirates (0.2 tons)

Source: IndexBox Market Intelligence Platform