Price for Spices; Ginger, Crushed or Ground in Sudan - 2022
Contents:
- Price for Spices; Ginger, Crushed or Ground in Sudan (CIF) - 2022
- Price for Spices; Ginger, Crushed or Ground in Sudan (FOB) - 2022
- Imports of Spices; Ginger, Crushed or Ground in Sudan
- Exports of Spices; Ginger, Crushed or Ground in Sudan
Price for Spices; Ginger, Crushed or Ground in Sudan (CIF) - 2022
In 2022, the average import price for spices; ginger, crushed or ground amounted to $2,202 per ton, with an increase of 1.8% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 111%. The import price peaked at $3,996 per ton in 2018; however, from 2019 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 ($8,095 per ton), while the price for Nigeria ($1,728 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Ginger, Crushed or Ground in Sudan (FOB) - 2022
The average export price for spices; ginger, crushed or ground stood at $3,253 per ton in 2022, rising by 39% against the previous year. Overall, the export price continues to indicate a strong expansion. The growth pace was the most rapid in 2019 when the average export price increased by 56%. As a result, the export price attained the peak level of $3,745 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($3,738 per ton), while the average price for exports to Canada totaled $3,217 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+32.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Spices; Ginger, Crushed or Ground in Sudan
For the fourth consecutive year, Sudan recorded growth in purchases abroad of spices; ginger, crushed or ground, which increased by 18% to 175 tons in 2022. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 766% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, spices; ginger, crushed or ground imports skyrocketed to $385K in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 853%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Spices; Ginger, Crushed or Ground in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 6.9 | 28.8 | 237 | 272 | 240.3% |
| United Arab Emirates | 3.7 | 39.1 | 57.6 | 82.9 | 181.9% |
| India | 3.9 | 9.9 | 14.7 | 21.3 | 76.1% |
| Pakistan | 1.6 | 11.2 | 10.9 | 8.1 | 71.7% |
| Lebanon | N/A | 64.2 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.1 | 153 | 320 | 385 | 188.1% |
Top Suppliers of Spices; Ginger, Crushed or Ground to Sudan in 2022:
- Nigeria (157.6 tons)
- United Arab Emirates (10.2 tons)
- India (5.9 tons)
- Pakistan (0.9 tons)
Exports of Spices; Ginger, Crushed or Ground in Sudan
Spices; ginger, crushed or ground exports from Sudan surged to 604 kg in 2022, increasing by 210% against the previous year. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, spices; ginger, crushed or ground exports surged to $2K in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Spices; Ginger, Crushed or Ground in Sudan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | 427 | 1,808 | 323.4% |
| France | 16.0 | 331 | 8.0 | 157 | 114.1% |
| Uganda | N/A | N/A | 21.0 | N/A | 0% |
| Netherlands | 164 | N/A | N/A | N/A | 0% |
| Others | 26.0 | N/A | N/A | N/A | 0% |
| Total | 206 | 331 | 456 | 1,965 | 112.1% |
Top Export Markets for Spices; Ginger, Crushed or Ground from Sudan in 2022:
- Canada (562.0 kg)
- France (42.0 kg)
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