Sudan: Confectionery Market 2024

Confectionery Market Size in Sudan

The Sudanese confectionery market reduced to $X in 2022, with a decrease of X% against the previous year. In general, consumption continues to indicate a perceptible downturn. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Confectionery Production in Sudan

In value terms, confectionery production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Confectionery Exports

Exports from Sudan

In 2022, overseas shipments of confectionery increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, confectionery exports surged to $X in 2022. In general, exports posted strong growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

The United Arab Emirates (X tons), Saudi Arabia (X tons) and the United States (X tons) were the main destinations of confectionery exports from Sudan, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and the United States ($X) were the largest markets for confectionery exported from Sudan worldwide, with a combined X% share of total exports.

The United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average confectionery export price amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X%. The export price peaked at $X per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to France ($X 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 Bahrain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery Imports

Imports into Sudan

In 2022, the amount of confectionery imported into Sudan soared to X tons, rising by X% against the previous year. Overall, imports recorded perceptible growth. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, confectionery imports soared to $X in 2022. In general, imports saw prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Egypt (X tons) constituted the largest supplier of confectionery to Sudan, accounting for a X% share of total imports. Moreover, confectionery imports from Egypt exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was held by China (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Egypt amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and China (X% per year).

In value terms, Egypt ($X) constituted the largest supplier of confectionery to Sudan, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Egypt amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the average confectionery import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price recorded strong growth. The growth pace was the most rapid in 2020 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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