Sudan: Essential Oils Market 2024

Essential Oils Market Size in Sudan

The Sudanese essential oils market was finally on the rise to reach $X in 2022, after four years of decline. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Essential Oils Production in Sudan

In value terms, essential oils production reduced to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 41%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Essential Oils Exports

Exports from Sudan

In 2022, overseas shipments of essential oils decreased by -1.7% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 26%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, essential oils exports fell rapidly to $X in 2022. In general, exports, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 50%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X tons) was the main destination for essential oils exports from Sudan, accounting for a 67% share of total exports. Moreover, essential oils exports to Japan exceeded the volume sent to the second major destination, Canada (X kg), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan stood at +438.3%.

In value terms, Japan ($X) emerged as the key foreign market for essential oils exports from Sudan, comprising 100% of total exports. The second position in the ranking was taken by Canada ($X), with a 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan amounted to +51.9%.

Export Prices by Country

In 2022, the average essential oils export price amounted to $X per ton, declining by -14.5% against the previous year. Over the period under review, the export price, however, posted prominent growth. The pace of growth appeared the most rapid in 2015 an increase of 30%. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+160.9%), while the prices for the other major destinations experienced mixed trend patterns.

Essential Oils Imports

Imports into Sudan

For the third year in a row, Sudan recorded decline in purchases abroad of essential oils, which decreased by -10.5% to X tons in 2022. Over the period under review, imports, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2017 when imports increased by 350% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, essential oils imports shrank to $X in 2022. Overall, imports, however, showed a notable increase. The most prominent rate of growth was recorded in 2017 with an increase of 479% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest essential oils supplier to Sudan, accounting for a 40% share of total imports. Moreover, essential oils imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Egypt (X tons), twofold. India (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia amounted to +33.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+11.9% per year) and India (-2.0% per year).

In value terms, Saudi Arabia ($X), France ($X) and Egypt ($X) were the largest essential oils suppliers to Sudan, with a combined 85% share of total imports.

Saudi Arabia, with a CAGR of +40.0%, recorded 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 more modest paces of growth.

Import Prices by Country

In 2022, the average essential oils import price amounted to $X per ton, approximately equating the previous year. Over the period under review, the import price, however, continues to indicate a mild increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 49%. The import price peaked at $X per ton in 2021, and then contracted in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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