Sudan - Cocoa Powder (Containing Added Sugar) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSudan: Market for Cocoa Powder (Containing Added Sugar) 2024
Market Size for Cocoa Powder (Containing Added Sugar) in Sudan
In 2021, after two years of decline, there was growth in the Sudanese cocoa powder with sugar market, when its value increased by 1.7% to $X. In general, the total consumption indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -28.7% against 2018 indices. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.
Production of Cocoa Powder (Containing Added Sugar) in Sudan
In value terms, cocoa powder with sugar production rose to $X in 2021 estimated in export price. Over the period under review, production saw a temperate expansion. The growth pace was the most rapid in 2014 with an increase of 74% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.
Exports of Cocoa Powder (Containing Added Sugar)
Exports from Sudan
In 2018, exports of cocoa powder (containing added sugar) from Sudan rose remarkably to X tons, picking up by 9.3% compared with the previous year. The total export volume increased at an average annual rate of +9.3% over the period from 2017 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cocoa powder with sugar exports expanded notably to $X in 2018. The total export value increased at an average annual rate of +7.5% from 2017 to 2018; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Saudi Arabia (X tons) was the main destination for cocoa powder with sugar exports from Sudan, accounting for a approx. 100% share of total exports.
From 2017 to 2018, the average annual growth rate of volume to Saudi Arabia was relatively modest.
In value terms, Saudi Arabia ($X) emerged as the key foreign market for cocoa powder (containing added sugar) exports from Sudan.
From 2017 to 2018, the average annual growth rate of value to Saudi Arabia was relatively modest.
Export Prices by Country
The average cocoa powder with sugar export price stood at $X per ton in 2018, shrinking by -1.6% against the previous year. Overall, the export price showed a slight reduction. Over the period under review, the average export prices reached the maximum at $X per ton in 2017, and then contracted in the following year.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2017 to 2018, the rate of growth in terms of prices for Iraq amounted to 0.0% per year.
Imports of Cocoa Powder (Containing Added Sugar)
Imports into Sudan
In 2021, after two years of growth, there was significant decline in purchases abroad of cocoa powder (containing added sugar), when their volume decreased by -84.8% to X tons. In general, imports saw a significant contraction. The pace of growth appeared the most rapid in 2013 with an increase of 548%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.
In value terms, cocoa powder with sugar imports shrank significantly to $X in 2021. Overall, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of 267% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.
Imports by Country
Saudi Arabia (X tons), Italy (X tons) and Malaysia (X kg) were the main suppliers of cocoa powder with sugar imports to Sudan, with a combined 65% share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of -5.4%), while imports for the other leaders experienced a decline.
In value terms, the largest cocoa powder with sugar suppliers to Sudan were Italy ($X), Saudi Arabia ($X) and Malaysia ($X), together accounting for 68% of total imports.
Malaysia, with a CAGR of -0.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
In 2021, the average cocoa powder with sugar import price amounted to $X per ton, with an increase of 2.7% against the previous year. In general, the import price posted buoyant growth. The growth pace was the most rapid in 2017 an increase of 74% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for cocoa powder with sugar in Sudan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10821400 - Cocoa powder, containing added sugar or other sweetening matter
Country coverage:
- Sudan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sudan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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