Ester Gums Price in Sudan - 2022
Contents:
- Ester Gums Price in Sudan (CIF) - 2022
- Ester Gums Price in Sudan (FOB) - 2022
- Ester Gums Imports in Sudan
- Ester Gums Exports in Sudan
Ester Gums Price in Sudan (CIF) - 2022
The average ester gums import price stood at $2,299 per ton in 2022, stabilizing at the previous year. Overall, the import price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 10%. The import price peaked at $3,278 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, 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 -1.7% per year.
Ester Gums Price in Sudan (FOB) - 2022
The average ester gums export price stood at $875 per ton in 2022, surging by 15% against the previous year. Overall, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ester gums export price increased by +41.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 23%. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +5.8% per year.
Ester Gums Imports in Sudan
For the fourth year in a row, Sudan recorded growth in purchases abroad of ester gumses, which increased by 0.5% to 14 tons in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 575%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, ester gums imports amounted to $31K in 2022. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 388%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Ester Gums in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 3.5 | 17.3 | 31.0 | 31.2 | 107.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.5 | 17.3 | 31.0 | 31.2 | 107.3% |
Top Suppliers of Ester Gums to Sudan in 2022:
- United Arab Emirates (13.6 tons)
Ester Gums Exports in Sudan
In 2022, shipments abroad of ester gumses decreased by -12.5% to 22 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a deep slump. The growth pace was the most rapid in 2020 with an increase of 2.9%. As a result, the exports attained the peak of 31 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, ester gums exports stood at $19K in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 1.3% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Ester Gums in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 18.9 | 19.2 | 19.3 | 19.4 | 0.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 18.9 | 19.2 | 19.3 | 19.4 | 0.9% |
Top Export Markets for Ester Gums from Sudan in 2022:
- Saudi Arabia (22.1 tons)
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